Selasa, 07 Agustus 2012

Papa John's CEO: ObamaCare Means Higher Pizza Prices

» 7 comments

John Schnatter, CEO and founder of pizza chain Papa John's, took a critical look at President Obama's Affordable Care Act recently, warning that the legislation will result in price increases for pizza.

The law changes that go into effect in 2014, he said, will increase the company's costs ' and those increases will be passed on to consumers. '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, who is a Mitt Romney supporter (and fundraiser).

He added, 'We're not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare.'

Those added costs, he promised, will make their way to consumers:

If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best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.

(H/T POLITICO)

  • Sure, PAPAP JOHN's pizza's will increase in price but luckily, there are plenty of other pizzaria joints in America.

    Some other pizza chain, run more effeciently than PJ's,  will have no problem conforming to the law without having to raise pizza prices.

     the Free Market '. its the American way baby !!!

  • It's a shame what Papa John's serves doesn't count as pizza. 

  • A company with non-existent benefits for the vast majority of it's hourly staff complaining about absorbing non-existent cost increases.

  • papa john is a willard shill anyway.   move along, pay no attention to this hack.  Papa John worst pizza ever.

  • Hmmm'a  rising price on an otherwise shitty product ' doesn't bother me one bit.  This loser owner wouldn't provide healthcare anyhow, so not sure why he's all up in arms now.  Between his terrible pizza, the domino's death disk, and herman the groper cain, why are the pizza men all crazy, religious, whack-job fundies?

  • It's too bad law makers couldn't have read this law BEFORE it was passed.

  • Speaking of health care risks, have you ever eaten a Papa John's pizza?



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