John Schnatter Papa John’s CEO: Obamacare likely to raise costs, employee’s hours being cut

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.”

via John Schnatter Papa John’s CEO: Obamacare likely to raise costs, employee’s hours being cut.



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