Extra Money For Papa John’s Pizza? I Will Pay It!
Affordable Health Care Act may be nice, but according to Papa John's CEO John Schnatter, those perks and others like them could cost you next time you order a pizza. Under the new law, Papa John's, the third-largest pizza chain in the US, must offer health care coverage to more of its employees or pay a government penalty, which means consumers will eventually shell out more for pizza.
“Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis,” said Schnatter, a Mitt Romney supporter and fundraiser. “If [it] is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interests. Wait--11 to 14 cents per pizza? Wow, not sure I will be able to afford THAT! (eyes rolling)
No word on how many of the chain's 16,500 workers will get health insurance under the new law, but if a few employees can get healthcare and it costs me an extra few cents a pizza, I will gladly pay it.