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A move by the Obama administration to delay until 2015 a requirement that businesses with more...

A move by the Obama administration to delay until 2015 a requirement that businesses with more than 50 employees provide health care insurance bodes well for the restaurant industry. The sector was expected to be amongst the hardest hit by the legislation due to its high employee-to-sales ratio. Restaurant operators breathing easier: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SONC, WEN, BWLD, THI, BDL, NATH, [BKW, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN, BKW
Comments (4)
  • DOGS THAT BARK
    , contributor
    Comments (129) | Send Message
     
    I look for delays individual market to follow as Aetna and United Healthcare have recently stated they are withdrawing from individual market in California and look for other carriers/states to follow.
    3 Jul 2013, 08:36 AM Reply Like
  • AJAdams
    , contributor
    Comments (14) | Send Message
     
    Dogs..... perhaps you are correct that more will leave markets. I have two thoughts; aren't these the very corporations that supported the health care legislation? And this is probably exactly what the progressives want to happen. After 50+ years of wanting a single payer government health care system, they will be able to say they tried private sector health system and it failed. We now must have single payer government program.
    3 Jul 2013, 02:39 PM Reply Like
  • Richard Adams
    , contributor
    Comments (156) | Send Message
     
    No matter what happens in the 2014 election Obama will spend the last two years of his term blaming conservatives for depriving people of health care.
    3 Jul 2013, 02:57 PM Reply Like
  • Storm275
    , contributor
    Comment (1) | Send Message
     
    Obamacare is another word for theft. The small business man should never have had this burden placed on his shoulders. It's called "stealing". Business is NOT responsible for buying healthcare for employees or their families. They've taken a employer benefit and made it a requirement. The bottom line is... there's not enough bottom line to pay this money out.
    3 Jul 2013, 08:57 PM Reply Like
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