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The time is now 5:53 am
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April 26, 2024, 3:41 am
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Obamacare to Push Pizza Prices Higher
Published:
Obamacare to Push Pizza Prices Higher
The Patient Protection and Affordable Care Act has been blamed for a lot of things—higher taxes, potential insurance rate hikes, and now, higher pizza prices. According to Papa John’s Founder, Chairman and CEO John H. Schnatter, health-care reform will cost the company an additional 11 cents to 14 cents per pizza.
“We’re not supportive of Obamacare like most businesses in our industry,” Schnatter said in a call to analysts. “But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare.”
Schnatter added that on a corporate basis, the reform would increase Papa John’s price per pizza by 15 to 20 cents.
Post Continues on www.foxbusiness.com
http://bighealthreport.com/4341/obamacare-to-push-pizza-prices-higher/
Comments
I was just going to say the same thing.
Everything he says is a lie.
Everything he'll say is a lie.
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