Pizza lovers can expect to pay a little more at Papa John’s in the future, thanks to President Barack Obama’s health care law, according to the chain’s founder, John Schnatter.
“Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis,” Schnatter told investors last week,according to a report by Politico.com. He was referring to health care law changes that go into effect in 2014.
Schnatter, a supporter and fundraiser for presumptive GOP presidential nominee Mitt Romney, said the higher health care costs for the country’s third-largest pizza takeout and delivery chain will be passed on to consumers.
“If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders’ best interests,” Schnatter reportedly said.
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