Red Lobster’s Obamacare fail: Why ditching health benefits is really hard - my dish olive garden darden restaurants

In the world of health policy, Darton restaurants can be a warning.
The company, which owns olive groves and red lobsters, recently announced plans to test to limit working hours for workers to escape health --
The law stipulates that employers with more than 50 workers can provide full coveragetime employees.
It wasn't that smooth: the company lowered its earnings forecast after seeing strong opposition to the decision.
On Thursday, Denton announced that the test had been completed and decided that it would not move forward for a limited period of time. hours model.
"We always have a lot of full-
"Time employees and they are an integral part of our success," Darren CEO Clarence Otis said in a statement . ".
"The data we collected during the test on guest satisfaction and employee engagement only reinforces this.
"Darden's attempt to limit coverage, and the subsequent retreat, illustrates some of the things I 've heard from a lot of health people --
Policy experts consider how employers will deal with health issueslaw's mandate.
They usually say that no one wants to give up insurance in the first place.
If they are going to give up reporting, they want to be part of the big wave, not the trailblazer.
If employers give up health insurance, they can certainly save a lot of money: Republicans in Congress released a report earlier this year that estimates if the top 100 companies refuse to provide insurance, they will save $422 billion over the next decade.
The calculation is simple: the average cost of the home insurance program is about $15,000.
A fine of $2,000 for not providing insurance.
With insurance only for one employee, you save yourself about $13,000.
From this point of view, it seems foolish for the company to continue to provide benefits.
But here's another way of thinking: Now, when employers can spend, they spend $15,000 on employees' health benefits . . . . . . Absolutely no.
There is currently no law requiring employers to provide health insurance.
But the vast majority of people do this because it is in their interest: they can remain competitive when recruiting staff and keep the workforce healthier and more productive.
Health benefits are essentially taxes, which is also very helpful.
Free compensation, giving employers another incentive to provide workers' wages in the form of insurance benefits.
This may explain why a tower
Watson's survey of 512 large companies found that the plan to reduce insurance coverage was completely zero.
However, calculus may change if many companies think it is not worth buying health insurance.
All of a sudden, if you put millions of dollars into the benefit plan and competitors put the money elsewhere, providing health insurance becomes a competitive disadvantage.
Denton is one of the first companies to announce a shift from an employer to test the waters
Sponsorship insurance
They then basically withdrew from the decision after the rebound.
Their experience shows that the first is as difficult as health --
Policy experts predict.