Papa John’s is the beginning
Papa John’s founder John Schnatter certainly got the supporters of the healthcare law by saying pizza prices will increase because of the law. The typical response of the Democrats, progressives was to call for another boycott. It seems they are once again not for a business owner to speak his mind, they certainly won’t be the only one passing the cost of Obamacare on to customers.
We have seen the waivers ever since the law passed, more to come most likely to friendly people of the White House. According to an article on The Heritage Foundation: At least 60 percent of firms are estimating Obamacare will raise their health care costs, according to a new study released Wednesday by Mercer, a human resources consulting firm. One-third of those expect a cost increase of 5 percent or more. The study reports:
The employers that will be hit hardest are those with large part-time populations—employers in retail and hospitality services. Nearly half of these employers (46%) expect PPACA will push up cost by at least 3% in 2014—and another third don’t yet know what the impact will be.
You can read the full article on the Heritage Foundation, clearly moving forward companies will have to make tough decisions. The companies below 50 employees will have the toughest choice because expanding above 50 puts you into mandatory coverage. Any business above 50 employees must provide health insurance or pay the penalty for not covering them.
My continued problem is mandates from the government to buy a product, disagree with Roberts because how do you tax a non-purchase? The broad power given to HHS to regulate what healthcare business must provide, we have seen this already with the birth control and etc. All the new taxes in the bill and there is 21, these will affect everyone unless you are getting government healthcare of course. The talking points of Obamacare sound great but the rest is more big government, we know better than you so take your medicine.
Papa Johns won’t be the last company to talk about prices being influenced by Obamacare, more will surely follow. We need a more common sense approach to rising health care and insurance premiums, better use of the free market. Have you noticed that the more government gets involved in health care the more expensive it has become.