From John Schnatter, founder and CEO of Papa John’s, comes the harsh reality of Obamacare for employees and owners.
Under the Affordable Care Act, full-time employees — those working 30 hours or more per week — would have to be provided with insurance at companies with more than 50 workers. Schnatter said it was likely that some franchise owners would reduce employees’ hours in order to avoid having to cover them.
“That’s probably what’s going to happen,” he said. “It’s common sense. That’s what I call lose-lose.”
Schnatter is certainly not the first – nor will he be the last – to be forced to make an ugly business decision in response to the government takeover of health insurance/health care.
