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Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation | Mail Online
Who eats at Denny's?
Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation | Mail Online
Who eats at Denny's?
You don't get it.
The operative question is, who will pay for your Obama Phone if fewer people eat at Denny's?
since i'm not white trash, this won't affect me
Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation
President Obama's election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power - but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is 'the only alternative. I've got to pass on the cost to the customer.'
Denny's to charge 5% 'Obamacare surcharge' and cut employee hours to deal with cost of legislation | Mail Online
Who eats at Denny's?
since i'm not white trash, this won't affect me
Ha, ha! That made me laugh, del.
Damn, outta rep.
well for sure, ONLY you liberals can throw temper tanturms when your candidates lose.
You all wanted ObamaCare, SOMEONE HAS TO PAY FOR It..or you all really thought is was going to FREEeeeeeeeeeeeeeeeeeeeeeeeee
poor steffie.
so much anger ... so little time
I ate there about a month ago because I wanted breakfast for dinner. Good food at a reasonable price. Denny's isn't the only restaurant chain doing this.
From the article:
"Claiming that he is not anti-insurance Metz has said that he understands the problems this will cause for his employees.
John Metz also owns Hurricane Grill & Wings which has 48 franchises around the country and falls under the umbrella of his firm RREMC Restaurants 'I think it's a terrible thing. It's ridiculous that the maximum hours we can give people is 28 hours a week instead of 40,' said Metz to the Huffington Post.
'It's going to force my employees to go out and get a second job.'
Obamacare requires businesses or franchises with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers. The program mandates that only employees working more than 30 hours a week are covered under their employers health insurance plan, chains like Olive Garden and Red Lobster are already considering reduced worker hours.
'Obviously, I'd love to cover all our employees under that insurance,' said Metz.
'But to pay $5,000 per employee would cost us $175,000 per restaurant and unfortunately, most of our restaurants don't make $175,000 a year. I can't afford it.'"
This is what happens when you have a president who doesn't understand shit about how business or an economy operates.
I ate there about a month ago because I wanted breakfast for dinner. Good food at a reasonable price. Denny's isn't the only restaurant chain doing this.
From the article:
"Claiming that he is not anti-insurance Metz has said that he understands the problems this will cause for his employees.
John Metz also owns Hurricane Grill & Wings which has 48 franchises around the country and falls under the umbrella of his firm RREMC Restaurants 'I think it's a terrible thing. It's ridiculous that the maximum hours we can give people is 28 hours a week instead of 40,' said Metz to the Huffington Post.
'It's going to force my employees to go out and get a second job.'
Obamacare requires businesses or franchises with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers. The program mandates that only employees working more than 30 hours a week are covered under their employers health insurance plan, chains like Olive Garden and Red Lobster are already considering reduced worker hours.
'Obviously, I'd love to cover all our employees under that insurance,' said Metz.
'But to pay $5,000 per employee would cost us $175,000 per restaurant and unfortunately, most of our restaurants don't make $175,000 a year. I can't afford it.'"
This is what happens when you have a president who doesn't understand shit about how business or an economy operates.
1. sarchasmWait a minute...I thought all this free shit from Obiedoodlecare was going to be free.
You mean to say it's not?
Well, I'll be dipped!
again
the only ones who thought it was going to be free were stupid people.
like you
I ate there about a month ago because I wanted breakfast for dinner. Good food at a reasonable price. Denny's isn't the only restaurant chain doing this.
From the article:
"Claiming that he is not anti-insurance Metz has said that he understands the problems this will cause for his employees.
John Metz also owns Hurricane Grill & Wings which has 48 franchises around the country and falls under the umbrella of his firm RREMC Restaurants 'I think it's a terrible thing. It's ridiculous that the maximum hours we can give people is 28 hours a week instead of 40,' said Metz to the Huffington Post.
'It's going to force my employees to go out and get a second job.'
Obamacare requires businesses or franchises with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers. The program mandates that only employees working more than 30 hours a week are covered under their employers health insurance plan, chains like Olive Garden and Red Lobster are already considering reduced worker hours.
'Obviously, I'd love to cover all our employees under that insurance,' said Metz.
'But to pay $5,000 per employee would cost us $175,000 per restaurant and unfortunately, most of our restaurants don't make $175,000 a year. I can't afford it.'"
This is what happens when you have a president who doesn't understand shit about how business or an economy operates.
Hey...if this guy wants to put himself out of business for his political beliefs, let him! It is still a free country, and he has every right to do so.
