Man, it’s going to pain me to give up Jimmy John’s, but it’s the thing to do.
A CEO who has publicly railed against the cost of providing health insurance to his employees has donated tens of thousands of dollars to a private health care clinic in his Florida community.
In an interview with Fox News host Neil Cavuto last month (see above), Jimmy John Liautaud detailed his plans to reduce workers’ hours in order to avoid the Affordable Care Act’s requirement to provide health coverage or pay a penalty.
Liautaud, who owns the Jimmy John’s national sandwich chain, is listed as a “Super Founder” for the medical center at Key Largo’s ritzy Ocean Reef Club. The club’s website describes it as one of America’s most exclusive club communities. Amenities include 54 holes of golf, a 175-slip marina, a private airport and its own school, which members’ children can attend seasonally. In 2011, Liautaud paid $4 million for a home at the Ocean Reef Club, according to a local business journal.
But the people who made him all that money? They’re going to have to gut it out when they get sick.