Friday, August 10, 2012

Papa John's CEO Says 'Obamacare' Will Up Pizza Price

http://abcnews.go.com/Politics/OTUS/papa-johns-john-schnatter-obamacare-pizza-prices/story?id=16962891#.UCQGNJFPmmg

 

“The CEO and founder of Papa John's pizza wants investors to know that when the president's health care law takes effect, the price of pizza is going up with it.

 

According to "Papa" John Schnatter, the cost of providing health insurance for all of his pizza chain's uninsured, full-time employees comes out to about 14 cents on a large pizza. That's less than adding an extra topping and a third the price of an extra pepperoncini. If you want that piping hot pie delivered, the $2 delivery fee will cost you 14 times as much as that health insurance price hike.”

 

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