Dunkin’ Donuts Pushes for Obamacare Rule Change

by Nate Wooley | February 20, 2013 10:36 am

NewLetters Dunkin Donuts Pushes for Obamacare Rule Change[1]Dunkin Brands (NASDAQ:DNKN[2]) 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[3]. 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[4].

Several firms — such as Yum Brands‘ (NYSE:YUM[5]) Taco Bell, Wendy’s (NASDAQ:WEN[6]) and Denny’s (NASDAQ:DENN[7]) — 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.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/11/NewLetters.jpg
  2. DNKN: http://studio-5.financialcontent.com/investplace/quote?Symbol=DNKN
  3. reports Boston Business Journal: http://www.bizjournals.com/boston/blog/mass_roundup/2013/02/dunkin-donuts-obamacare-lobby.html
  4. reports Newsmax: http://www.newsmax.com/Newsfront/dunkin-donuts-obamacare-healthcare/2013/02/19/id/491032
  5. YUM: http://studio-5.financialcontent.com/investplace/quote?Symbol=YUM
  6. WEN: http://studio-5.financialcontent.com/investplace/quote?Symbol=WEN
  7. DENN: http://studio-5.financialcontent.com/investplace/quote?Symbol=DENN
  8. Obamacare Glitch Will Leave Some Families Without Insurance: http://investorplace.com/investorpolitics/obamacare-glitch-will-leave-some-families-without-insurance/
  9. New Obamacare Fee Adds $63/Person to Healthcare Costs: http://investorplace.com/investorpolitics/new-obamacare-fee-adds-63-to-health-care-costs/
  10. Whole Foods CEO Compares Obamacare to Facism: http://investorplace.com/investorpolitics/whole-foods-ceo-compares-obamacare-to-facism/

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