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Papa John's Obamacare Pizza Price Hike Pizza Doom

 
Anonymous Coward
User ID: 25765527
United States
11/16/2012 07:39 PM
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Papa John's Obamacare Pizza Price Hike Pizza Doom
Papa John's Obamacare Price Hike Cheered By Ian's Pizza In Wisconsin and other pizza places!

Like many of the 60 percent of small businesses that pay employees health benefits, Ian's Pizza has struggled to compete with national chains that enter local markets and undercut existing prices. But Obamacare may give local businesses some breathing room as national chains lose the advantage they once wielded through not providing health insurance, according to Jonathan Gruber, a professor of economics at the Massachusetts Institute of Technology.

Obamacare mandates that businesses with more than 50 workers offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30. “Evidence suggests that when health insurance costs go up, worker wages fall, rather than prices going up,” Gruber said. “If firms are forced to give their workers health insurance, they generally react by paying workers less in wages; they don’t raise the price of goods."

[link to www.huffingtonpost.com]
Anonymous Coward (OP)
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11/16/2012 07:41 PM
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Re: Papa John's Obamacare Pizza Price Hike Pizza Doom
Just one business..no..tip o the burg..BABY.

Thread: PAPA JOHN'S To Raise Prices Of Pizza Due To Obamacare
Anonymous Coward (OP)
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11/16/2012 07:42 PM
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Re: Papa John's Obamacare Pizza Price Hike Pizza Doom
Thread: Papa John's CEO John Schnatter Says Company Will Reduce Workers' Hours In Response To Obamacare
Madmacs

User ID: 1178985
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11/16/2012 07:44 PM
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Re: Papa John's Obamacare Pizza Price Hike Pizza Doom
Papa John's Obamacare Price Hike Cheered By Ian's Pizza In Wisconsin and other pizza places!

Like many of the 60 percent of small businesses that pay employees health benefits, Ian's Pizza has struggled to compete with national chains that enter local markets and undercut existing prices. But Obamacare may give local businesses some breathing room as national chains lose the advantage they once wielded through not providing health insurance, according to Jonathan Gruber, a professor of economics at the Massachusetts Institute of Technology.

Obamacare mandates that businesses with more than 50 workers offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30. “Evidence suggests that when health insurance costs go up, worker wages fall, rather than prices going up,” Gruber said. “If firms are forced to give their workers health insurance, they generally react by paying workers less in wages; they don’t raise the price of goods."

[link to www.huffingtonpost.com]
 Quoting: Goneviral


\i believe it's 50 FULL TIME WORKERS..big diff

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