By Derrek J. Hull, Blogger-in-Chief
The Supreme Court upheld President Obama's health care law today, ruling that the government may impose tax penalties on those who do not have health insurance. Chief Justice John G. Roberts Jr. was the swing vote in a 5-4 decision.
Employers with 50 or more full-time equivalent employees must offer "affordable" health insurance of minimum value to full-time employees and their dependents or pay penalties. The cost of such coverage or the penalties could threaten the slim profit margin on which most restaurants operate.
"Today's ruling by the Supreme Court is troubling for restaurant operators and business owners across the country," said Dawn Sweeney, President and CEO of the National Restaurant Association. "We encourage Congress to continue efforts to repeal the law, since the Court's decision leaves the employer requirements in place, provisions which impact restaurant operators' ability to grow and create jobs."
Upcoming "The Supreme Court's Decision on Health Care Law Webinar": The National Restaurant Association will hold a?member-exclusive webinar June 29, 10 a.m. EDT, to summarize and explain the high court's key findings upholding most provisions of the Patient Protection and Affordable Care Act. In addition, the NRA's labor and workforce division will host a second webinar to discuss the ruling's practical implications and what means for restaurateurs nationwide.?
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