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.
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