Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Franchisee Charges Obamacare Surcharge, Blames Employees
Posted
November 17, 2012
Views
56,289
Likes
1,735
Comments
851
Engagement
4.59%
November 17, 2012
56,289
1,735
851
4.59%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
5:14Now Playing"John Metz, the owner of 40 Denny's franchise restaurants in Florida, plans to add a 5 percent surcharge to his customers' checks to pay for his legal responsibility to provide health care coverage to his employees per Obamacare.
Obamacare requires that businesses with more than 50 workers must offer a health insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers.
Metz told HuffingtonPost.com that the direct surcharge is "the only alternative. I've got to pass on the cost to the customer."
"Obviously, I'd love to cover all our employees under that insurance, but to pay $5,000 per employee would cost us $175,000 per restaurant and unfortunately, most of our restaurants don't make $175,000 a year. I can't afford it."*
Cenk Uygur breaks down Metz' plan to charge extra and potentially let employees take the consequences, and takes the story a level deeper; who is paying for healthcare if there is no Obamacare (and ergo no "forced" surcharge)? If the middle class workers can't afford healthcare, who ends up paying, and what's the price?
*Read more from Michael Allen/ Opposing Views:
Support The Young Turks by Subscribing
Support The Young Turks by Shopping
Like Us on Facebook:
Follow Us on Twitter
Buy TYT Merch
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
