Cutting working hours...

[Will E Worm]

US business hits out at ‘Obamacare’ costs

US retailers and restaurants chains that employ millions of low-wage workers are considering cutting working hours or paying fines rather than enrolling employees in health insurance plans under Barack Obama’s landmark healthcare law.

Employers are concerned that the law increases the cost of insuring employees on existing plans, partly by broadening the range of benefits. It also requires companies to insure some employees not previously covered.

David Dillon, chief executive of the Kroger supermarket chain, told the Financial Times that some companies might opt to pay a government-mandated penalty for not providing insurance because it was cheaper than the cost of coverage.

Nigel Travis, head of Dunkin’ Brands, said his doughnut chain was lobbying to change the definition of “full-time” employees eligible for coverage from those working at least 30 hours a week to 40 hours a week.

Some restaurants, including Wendy’s and Taco Bell franchises, have explored slashing worker hours so fewer employees qualify for health insurance, arguing that they cannot afford the additional healthcare costs.
Other businesses are deliberately keeping headcounts below 50.

Mr Dillon said Kroger intended to continue covering all full-time employees but maintained that parts of the law were “simply not workable”.

“If you look through the economics of the penalty the companies pay versus the cost to provide coverage, the penalty’s too low, or the cost of coverage is too high, or the combination is wrong,” he said.

“If [policy makers] get those things too far out of balance, everybody will have to reconsider their position on that point, including us. But we’re going to wait and see how that all develops.”

The penalty for not providing coverage is $2,000 per worker. According to the Kaiser ****** Foundation, a non-partisan policy group, the average annual cost to employers of insurance is $4,664 for a single worker and $11,429 for a ******.

Companies with more than 50 workers have to pay a penalty if they do not provide full-time employees with health insurance. The employees can instead buy private coverage subsidised by the government on new insurance exchanges.

Darden, a US restaurant chain, last year said it was considering slashing its workers’ weekly hours to below the 30-hour threshold but later retreated from the plan after a backlash.

The Obama administration maintains that the law, known as the Affordable Care Act, will improve access to insurance while reducing healthcare costs. A spokeswoman for the government’s health department said that non-partisan studies showed it would have a negligible effect on the labour market.

Article


Just repeal Obamacare now.

 

[assari]

Prohibitions, regulations and restrictions = Liberals

 

[meesterperfect]

Part time jobs for everyone! well not exactly everyone.
but everyone who wants a job.
of course its gonna happen, its a no brainer, and a no moneyer, and a no fooder , and a looks like were fuckeder.
obummer care is to the United States and its working class what a siver bullet is to a werewolf.
And ******** get screwed too. sorry johnny, no more fruit roll ups for a while.........actually never. here have stick to stick to chew on and ignore the hunger pains.
but like pelosi said

and

those eyes, those dead lifeless eyes. nothing remotely uman
oh we're gonna find out alright. and its gonna hurt a whole lot.
obummer and pelosi and many others should be charged with treason and (fill in blank) for this.

 

[meesterperfect]

i forgot, I title this post "Hurry up and die already"
http://www.scam.com/showthread.php?t=191803

a slightly more detailed description than bat **** crazy's

 

[zeeblofowl_1969]

Again you all drone on about the absolutely criminal response corporations have when asked to pony up a small percentage of their profits to the betterment of their employees. This country is truly fucked up when CEOs interests and income outweigh the common mans interests. Listen to yourselves your so brainwashed by the talking heads you would all line up to take it in the ass for some egomaniacs need to make a little more money.

 

[El Perro Mayor]

It's a race to the bottom, the U.S. needs no Union, no OSHA, no minimum wage.......

 

[meesterperfect]

Again you all drone on about the absolutely criminal response corporations have when asked to pony up a small percentage of their profits to the betterment of their employees. This country is truly fucked up when CEOs interests and income outweigh the common mans interests. Listen to yourselves your so brainwashed by the talking heads you would all line up to take it in the ass for some egomaniacs need to make a little more money.

so all the extra cost should come out of the bosses pocket?
even if it did it still wouldnt cover it.
in business when the cost of doing business goes up a business must cut costs or raise prices or both. they can give themselves a profit cut but that usually isnt enough.
the result is higher prices and poorer service

 

[Will E Worm]

so all the extra cost should come out of the bosses pocket?
even if it did it still wouldnt cover it.
in business when the cost of doing business goes up a business must cut costs or raise prices or both. they can give themselves a profit cut but that usually isnt enough.
the result is higher prices and poorer service

Something Obama and most liberals don't understand.


Liberals are ******** with ideas that come from imaginationland.

 

[lurkingdirk]

:1orglaugh

Opinions stated as fact.
This fucking guy.

 

[Will E Worm]

:1orglaugh

Opinions stated as fact.
This fucking guy.

:troll:

 

[meesterperfect]

Something Obama and most liberals don't understand.


Liberals are ******** with ideas that come from imaginationland.

And not only that , the fact that its overall effect is less tax revenue for the GOV.
people earning less spending less paying less tax.
business making less, spending less paying less tax.
Its a basic economic principle, even a extreme leftist marxist/communist community organizer with a law degree who never practiced law with questionable paternal ancestry and ties to known communists and anti american domestic terrorists could understand it.

The solucion: GOV - leave the free market alone, let it work itself out like it always has and in return you will have plenty of income to tax and waste as you see fit.........forever!
OR: tax and regulate the **** out of it now, put the economy in the gutter, keep taxing more and more until one day there just in't anything left to tax and the well goes dry.

 

[Will E Worm]

And not only that , the fact that its overall effect is less tax revenue for the GOV.
people earning less spending less paying less tax.
business making less, spending less paying less tax.
Its a basic economic principle, even a extreme leftist marxist/communist community organizer with a law degree who never practiced law with questionable paternal ancestry and ties to known communists and anti american domestic terrorists could understand it.

The solucion: GOV - leave the free market alone, let it work itself out like it always has and in return you will have plenty of income to tax and waste as you see fit.........forever!
OR: tax and regulate the **** out of it now, put the economy in the gutter, keep taxing more and more until one day there just in't anything left to tax and the well goes dry.

It's the agenda of making America a third world or less country.

Unless enough people get behind shrinking and fixing the federal government we are either heading towards another war or a break up of America.

 

[zeeblofowl_1969]

so all the extra cost should come out of the bosses pocket?
even if it did it still wouldnt cover it.
in business when the cost of doing business goes up a business must cut costs or raise prices or both. they can give themselves a profit cut but that usually isnt enough.
the result is higher prices and poorer service

Its never a matter of doing business it's a matter of taking care of your employees. So many times you hear it's too expensive from some ahole whos binging in 30 million a year. My heart pumps **** for the entitled piece of ****. There is not one executive on this planet that should make 1000X a regular employee. Going too end up with a class system in this country and baby that isn't good.