Darden Restaurants operates Red Lobster, Olive Garden and LongHorn Steakhouse. It’s based in Central Florida, so, when it implements significant changes it’s news here. Although Darden calls this new policy a test, somehow I think it is the wave of the future.
In an experiment apparently aimed at keeping down the cost of health-care reform, Orlando-based Darden Restaurants has stopped offering full-time schedules to many hourly workers in at least a few Olive Gardens, Red Lobsters and LongHorn Steakhouses.
Why, you ask?
The answer is simple.
Under Obamacare a company the size of Darden would have to provide “government approved” health insurance to its employees, or pay the government a hefty penalty (or is it a tax) for all employees who are not covered. However, Obamacare does not tax Darden for part time employees who are not covered by a Darden health insurance plan.
And, Darden may not be alone.
Analysts say many other companies, including the White Castle hamburger chain, are considering employing fewer full-timers because of key features of the Affordable Care Act scheduled to go into effect in 2014
It used to be that someone could get a full time job at a restaurant, many of which offered what were known as “mini-med” health insurance policies to their employees. Not anymore. Now, thanks to Obamacare all they can get is a part time job with no health insurance as the mini-med policies are not “government approved”.
Well done, Mr. President, well done.