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Red Lobster’s Obamacare fail: Why ditching health benefits is really hard

Posted By Adam Searing On December 7, 2012 @ 9:11 am In Uncategorized | Comments Disabled

Cross-post [1] from Sarah Kliff at the Washington Post’s Wonkblog:

In the world of health policy, Darden Restaurants may become a cautionary tale. The company, which owns Olive Garden and Red Lobster, recently announced plans to test limiting workers’ hours, in order to dodge the health-law’s mandate that employers with more than 50 workers offer coverage to full-time employees.

It didn’t exactly go so well: The company revised its earnings projections downward after seeing a backlash to the decision. Thursday, Darden announced it had completed the test period, deciding it would not move forward with the limited-hours model. [Read the full post. [1]]

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URL to article: http://pulse.ncpolicywatch.org/2012/12/07/red-lobsters-obamacare-fail-why-ditching-health-benefits-is-really-hard/

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[1] Cross-post: http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/06/red-lobsters-obamacare-fail-why-ditching-health-benefits-is-really-hard/

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