Health Care Law Could Force Pizza Chain To Hike Prices

By: KAKE News Email
By: KAKE News Email

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Wednesday, August 08, 2012

A national pizza company is considering a rise in prices due to President Barack Obama’s health care law.

John Schnatter, Papa John’s CEO, said customers can expect to pay about $0.15 to $0.20 cents per order, to offset employee’s health care coverage.

The Huffington Post reports that under Obamacare, the company will have to offer health care coverage to more than 16,500 employees, or pay a penalty.

Papa Johns is the third-largest pizza takeout and delivery chain in the United States.

McDonald’s also expects Obamacare to cost each of its 14,000 franchises between $10,000 and $30,000 annually, according to Businessweek.

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