Tuesday, August 7, 2012

Papa John's Pizza: A 0.1% cost increase is too much for better healthcare.

Maybe it's the Summer heat or maybe it's the politics that get in the way, but Papa John's Pizza owner John Schnatter is incensed over Obama's healthcare law.  Schnatter says that the new healthcare law will force him to pay an extra $0.10 to $0.14 cents a pizza, which he will pass on to consumers.  Based on an average of $10 a pizza (which is slightly less than their medium pepperoni pizza), we're talking an average of 0.1 ~ 0.14% increase in the price of a Papa John's Pizza.

Talk about bitterly blinded by politics, not to see that his own employees will benefit hugely from the healthcare law, for such a minimal cost increase.

Does Schnatter really want to revoke the no-lifetime cap on benefits; free mammograms, colonoscopies, and dozens of other preventative screening tests; and the raising of eligibility age -- to 26 -- of children who may be covered by their parents' insurance?

Schnatter comes off as a petty man for wanting to complain about a minimal cost increase for the benefit of his own employees, just for the sake of politics.

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