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Wednesday, November 21, 2012

Papa John's CEO: Affordable Care Act levels competitive playing field, company plans to expand, won't cut hours

This makes me feel better about this company:

Papa John's CEO tells the real story about his company and health reform

I happily apologize for believing the earlier stories which strongly suggested he didn't see why finding a way to bring health insurance to more low-income workers was a good thing.

From the piece:

During that same interview, talking about Obamacare I said, though it wasn't widely reported:

  • "The good news is 100% of the population (full-time workers) is going to get health insurance. I'm cool with that."
  • "We're all going to pay for it. There's nothing for free."
  • "And this way I get to provide health insurance and I'm not at a competitive disadvantage ... our competitors are going to have to do the same thing."

Papa John's, like most businesses, is still researching what the Affordable Care Act means to our operations. Regardless of the conclusion of our analysis, we will honor this law, as we do all laws, and continue to offer 100% of Papa John's corporate employees and workers in company-owned stores health insurance as we have since the company was founded in 1984.

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