Are poisoned apples covered under Obamacare?
Many businesses have struggled to stay afloat during these trying economic times. Amidst the recent campaign season, the buzz was surrounded around middle-class America and small businesses, but we are slowly learning that small businesses aren’t the only ones hurting. Zane Tankel, chairman and CEO of Apple-Metro and owner of 40 Applebee’s restaurants expressed his concern for the Applebee’s chain to the Fox Business Network. Due to the Affordable Care Act, more commonly known as Obamacare, businesses who employ more than 50 people must provide each employee with an approved insurance plan. The penalty for not providing insurance is a $2,000 fine for every worker over the 30 worker mark. Tankel’s smallest Applebee’s staff consists of at least 80 employees, so you can see why he’s upset.