Thursday, August 9, 2012

Papa John's CEO Says 'Obamacare' Will Up Pizza Price

http://abcnews.go.com/Politics/OTUS/papa-johns-john-schnatter-obamacare-pizza-prices/story?id=16962891#.UCOoqLQQsSU


Papa John's CEO Says 'Obamacare' Will Up Pizza Price





"The CEO and founder of Papa John's pizza wants investors to know that when the president's health care law takes effect, the price of pizza is going up with it.
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The pizza place's Facebook page was soon littered with outraged pizza lovers proclaiming they would be "happy" to pay an extra 11 to 14 cents so Papa John's employees could have health insurance.
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But despite the pizza price increase, many of Papa John's employees may still go without employer-provided health insurance after the law takes effect in 2014. The company would not say how many of its employees are uninsured, but in 2010 the service industry had one of the lowest rates of insured employees, with 33 percent of the workforce uninsured, according to the Kaiser Family Foundation."

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