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Current Events & Hot Topics Current Events & Hot Topics

Papa Johns About Face – Will Be Giving Healthcare To Employees After All

Posted by on Nov. 25, 2012 at 9:48 PM
  • 32 Replies
2 moms liked this


It appears Papa John’s has a new item on the menu: heaping plate of crow. CEO and founder John Schnatter now went on the record on the Huffington Post to defend himself by taking back his position presented earlier to his stockholders where he said:

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.

Now, Mr Schnatter is singing another tune, saying:

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.


The Papa Johns’ CEO seems to love claiming to speak for an entire industry, “most businesses” is a popular statement for him. It also appears that Mr. Schnatter has finally remembered the laws of business and capitalism, making this other point in his commentary:

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.

Welcome to macroeconomics 101 – the only way to make a fair capitalist system is to provide a level playing field. So long as companies are not required to give health care, there will be unethical ones which won’t. Companies dedicated to shareholder return, which is what a corporation is for in the end, will maximize their return by cutting every bit they can, be that wages, benefits, etc. By every company being required to carry health insurance, it keeps a level playing field while enabling their employees to be healthy. As it is now, they are forced to work while sick, and nothing goes with a pepperoni pineapple like influenza!

This is the same logic behind the minimum wage as well. Without a lower cap of wages, the pressure to maximize shareholder return will force wages down, resulting in a lower standard of living, and restricting consumerism. Without customers, all businesses suffer. While Obamacare is not the ideal solution, being far less efficient than a single payer system, it does level the playing field, making a solid foundation to improve productivity, maximizing shareholder profits.

http://www.addictinginfo.org/2012/11/25/papa-john

by on Nov. 25, 2012 at 9:48 PM
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Replies (1-10):
ashellbell
by shellbark on Nov. 25, 2012 at 10:05 PM
4 moms liked this
Maybe if they'd stop giving away 2 million free pizzas for the super bowl, he wouldn't be stressing over caring for his employees.
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gdiamante
by Silver Member on Nov. 25, 2012 at 10:18 PM

Now can he work on their lousy pizza?

Only time we've EVER sent a pizza back. And even when they gave us a replacement it was STILL awful and undercooked!

Liz132
by Member on Nov. 25, 2012 at 10:22 PM
1 mom liked this

 They'll probably just offer some crappy insurance where employees have to pay a fortune for very little coverage.

tooptimistic
by Kelly on Nov. 25, 2012 at 10:52 PM
1 mom liked this


Quoting Liz132:

 They'll probably just offer some crappy insurance where employees have to pay a fortune for very little coverage.

That's what most of us will get.  Obamacare only benefits health insurance companies.  

How many people will be force to buy an "insurance" policy with a high monthly premium and a huge deductible just to comply with new law?  Same as having no insurance, except you are paying an extortion fee to the insurance companies.  Same with companies, they will offer high monthly premiums with a huge deductible just to comply with Obamacare.  Besides the monthly extortion fee, there is no change.

LauraKW
by "Dude!" on Nov. 25, 2012 at 11:59 PM
1 mom liked this

 There is a certain of level of coverage that is required from the insurance, and there is also a certain percentage cap for employee contributions.  No, I don't have the specifics or a link at the moment.  I am falling asleep and this is my last reply of the night, so y'all will either have to look up the info or wait a few days until I come back.  Night.

Quoting tooptimistic:

 

Quoting Liz132:

 They'll probably just offer some crappy insurance where employees have to pay a fortune for very little coverage.

That's what most of us will get.  Obamacare only benefits health insurance companies.  

How many people will be force to buy an "insurance" policy with a high monthly premium and a huge deductible just to comply with new law?  Same as having no insurance, except you are paying an extortion fee to the insurance companies.  Same with companies, they will offer high monthly premiums with a huge deductible just to comply with Obamacare.  Besides the monthly extortion fee, there is no change.

 

SEEKEROFSHELLS
by Platinum Member on Nov. 26, 2012 at 12:39 AM
2 moms liked this

 Quit confusing the issue with facts! LOL did he really give away 2 million free pizzas for Super Bowl?

Quoting ashellbell:

Maybe if they'd stop giving away 2 million free pizzas for the super bowl, he wouldn't be stressing over caring for his employees.


ButterMeUp
by Silver Member on Nov. 26, 2012 at 12:42 AM
1 mom liked this
I was talking about this with a friend of mine. She was saying it would only cost them about 10-15 extra cents a pizza to cover OBC. That's really not much. I would be more than happy to pay it.
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brookiecookie87
by Platinum Member on Nov. 26, 2012 at 1:00 AM

http://www.papajohns.com/twomillionpizza/

Quoting SEEKEROFSHELLS:

 Quit confusing the issue with facts! LOL did he really give away 2 million free pizzas for Super Bowl?

Quoting ashellbell:

Maybe if they'd stop giving away 2 million free pizzas for the super bowl, he wouldn't be stressing over caring for his employees.



Join us on the 99% Moms group!
The Ninety-Nine Percent Moms   

If they enforced bank regulations like they do park rules, we wouldn't be in this mess

SEEKEROFSHELLS
by Platinum Member on Nov. 26, 2012 at 1:06 AM

 Thank you Brook and Ashbelle. He really did. OH FFS! He needs to shut the fuck up already. EDT: No I need to shut the fuck up. That is a legitimate advertising tax write off. snicker snicker

Quoting brookiecookie87:

http://www.papajohns.com/twomillionpizza/

Quoting SEEKEROFSHELLS:

 Quit confusing the issue with facts! LOL did he really give away 2 million free pizzas for Super Bowl?

Quoting ashellbell:

Maybe if they'd stop giving away 2 million free pizzas for the super bowl, he wouldn't be stressing over caring for his employees.




ashellbell
by shellbark on Nov. 26, 2012 at 1:54 AM
How could anyone forget those annoying ads with Peyton Manning? Grrr. The year before I think he only gave one million away, he upped it the following year. I will no longer order their shitty pizza lol.


Quoting SEEKEROFSHELLS:

 Quit confusing the issue with facts! LOL did he really give away 2 million free pizzas for Super Bowl?


Quoting ashellbell:

Maybe if they'd stop giving away 2 million free pizzas for the super bowl, he wouldn't be stressing over caring for his employees.



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