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Companies Cut Jobs to Cut Health-Care Costs

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  • Description

    FBN’s Liz MacDonald on unintended consequences of ObamacCare.

  • Duration 1:51
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Now this another unintended consequence of obamacare -- -- restaurant is cutting hours for bonds of full time workers.

If for market that the finds ways to cut the cost of health -- -- -- and the following this story from from there really from -- one what's going on now.

This is basically the high cost of affordable care and it's a real problem for restaurants already Darden employs three quarters of its workforce.

Is part time we happen on the phone with Darden Restaurants Darden Restaurants.

Telling Fox Business look that -- laws very from.

Inflexible.

It's very rigid they were providing health insurance to its part timers but the law says you know what it's not good enough to got a not that.

-- health insurance coverage out.

And a law also says look we're gonna penalize businesses if you do not.

Basically provide coverage to workers who work thirty hours -- weeks that now Darden testing in four markets.

You know whether or not they can drop part time and it knows full timers down to the part time is below thirty hours.

McDonald's already saying 420 million dollars in extra costs from health care and also we're looking at Ruby Tuesday Jack in the Box white castle.

All sorts of restaurants across the country who employ lots tens of thousands of people may be moving them -- full timers to part time status.

Does this help them also later at some point say can we have a waiver in other words listening you know we've tried to adjust our game.

If you give us a waiver will keep these people -- full time doesn't give many.

Arguing powered do we look that was the deal they got the waiver first write these restaurant did along with unions and other companies for one year because of this -- mini med plans that they were offering that get knocked out of health reform.

And to adjust to the new law they were given one year to adapt well this is -- they're adapting they're essentially saying look.

We may be knocking people down to part time status -- full time and that's a bad trend for the economy absolutely right so that's the issue.

-- last job support another 600000 making an eight point six million people working part time who want a full time.

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