PHOENIX - Papa John’s Pizza announced they’re raising their prices just a tad, claiming it’s because of Obamacare.
CEO John Schnatter of the third largest pizza delivery chain in the U.S. said the company will have to offer health care coverage to more of its 16,500 employees or pay a penalty to the government.
Schnatter said Obamacare will result in about a 12 cent price increase per pizza or up to 20 cents per order, according to The Huffington Post.
The report mentions that restaurants with more than 50 employees will have to provide affordable health insurance, and that could mean preventing the businesses from maintaining "already slim profit margins."
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