Dunkin Brands (NASDAQ:DNKN) is working to change Obamacare.
Dunkin CEO Nigel Travis admitted to pushing a lobbying effort that would alter the Affordable Care Act, reports Boston Business Journal. The company is making an effort to get more restaurant workers classified as part-time instead of full-time. Currently, workers with more than 30 hours per week are considered full-time. Travis wants that raised to 40 hours per week.
The Affordable Care Act requires all businesses with more than 50 full-time workers to ensure them. By raising the hourly requirement to be considered full-time, the number of businesses and the number of employees that would be required to be covered would both drop, reports Newsmax.
Several firms — such as Yum Brands‘ (NYSE:YUM) Taco Bell, Wendy’s (NASDAQ:WEN) and Denny’s (NASDAQ:DENN) — have already announced plans to cut worker hours to reduce the number the company must cover.
The opinions contained in this column are solely those of the writer.
Want to share your own views on money and politics? Drop us a line at email@example.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.