Skip to main content

View Diary: Papa John's reputation suffers after CEO's Obamacare threats (186 comments)

Comment Preferences

  •  CBS interviewed Cheesecake Factory CEO (2+ / 0-)
    Recommended by:
    llywrch, a2nite

    Despite the HuffPo take on it, he tried several times to convey that because he already provides health care he does not anticipate a huge impact to his business.

    Overton said he doesn't know whether his own company will need to raise prices, since he already provides health insurance to all employees that work 25 hours or more per week. That's fewer hours than required under Obamacare, which will force companies with 50 or more full-time employees to provide employees working at least 30 hours per week with health care coverage or face penalties.

    "For those businesses that don't cover their employees, they'll be in for a very expensive situation,"

    http://www.huffingtonpost.com/...

    However, you could tell he was frustrated that they kept dwelling on the cost of Obamacare. He seemed to think the reason he was in demand to talk about health care was because of Gawande's recent piece about the Cheesecake Factory system and how he perceives it could help reduce health care costs.

    I’d come from the hospital that day. In medicine, too, we are trying to deliver a range of services to millions of people at a reasonable cost and with a consistent level of quality. Unlike the Cheesecake Factory, we haven’t figured out how. Our costs are soaring, the service is typically mediocre, and the quality is unreliable. Every clinician has his or her own way of doing things, and the rates of failure and complication (not to mention the costs) for a given service routinely vary by a factor of two or three, even within the same hospital.
    http://www.newyorker.com/...

    Unfortunately, he never got to talk much about that idea.

    "...you can’t find any oxygen from outside the aircraft to get in the aircraft, because the windows don’t open. I don’t know why they don’t do that. It’s a real problem." Mitt Romney

    by Catte Nappe on Tue Dec 04, 2012 at 01:12:37 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site