...associated with the Affordable Care Act!
October 11, 2012 By Michael Haltman

Darden, parent company of the Red Lobster, LongHorn Steakhouse and Olive Garden chains is cutting employee hours in some of its locations to avoid the costs that would otherwise be imposed by Obamacare!
Darden Restaurants has been forced to make this move in order to turn full-time employees
into part-time. This has become necessary in order to avoid being subject to some of the unintended consequences that the imposition of Obamacare has brought about!
In this case, beginning in 2014 large companies that don’t offer healthcare to employees working over 30 hours a week face fines of up to $3,000 for each one not covered.
In a recent video of a speech by Illinois State Senate
Candidate Dr. Barbara Bellar she had described the potential ramifications of this bill in one very long sentence (watch here). This move by Darden is proof certain that the concerns stated by Dr. Bellar are well-founded.
In an email statement from Darden, the company said that these described changes in staffing are “just one of the many things we are evaluating to help us address the cost
implications health care reform will have on our business. There are still many unanswered questions regarding the health care regulations and we simply do not have enough information to make any decisions at this time.”
Other chains such as White Castle are considering similar moves in order to address the issues that the Affordable
Care Act will present for them in 2014.
For many firms Obamacare is still a black hole in that it contains regulations and rules that to date are still not completely understood by those who will be most affected by it, or by anyone else for that matter!
http://www.rantfinance.com/2012/10/...ines-associated-with-the-affordable-care-act/
October 11, 2012 By Michael Haltman

Darden, parent company of the Red Lobster, LongHorn Steakhouse and Olive Garden chains is cutting employee hours in some of its locations to avoid the costs that would otherwise be imposed by Obamacare!
Darden Restaurants has been forced to make this move in order to turn full-time employees

In this case, beginning in 2014 large companies that don’t offer healthcare to employees working over 30 hours a week face fines of up to $3,000 for each one not covered.
In a recent video of a speech by Illinois State Senate

In an email statement from Darden, the company said that these described changes in staffing are “just one of the many things we are evaluating to help us address the cost

Other chains such as White Castle are considering similar moves in order to address the issues that the Affordable

For many firms Obamacare is still a black hole in that it contains regulations and rules that to date are still not completely understood by those who will be most affected by it, or by anyone else for that matter!
http://www.rantfinance.com/2012/10/...ines-associated-with-the-affordable-care-act/