When a government agency issues rules and regulations related to a law, it is required to estimate the cost, time and paperwork burden caused by such rules. The staff of the House Ways and Means Committee has compiled a list of each of the rules and regulations issued to date related to the Affordable Care Act (Obamacare).
While this type of burden is by no means limited to Obamacare, the impact of these regulations on employers, insurers, health care providers and others should not be underestimated. These costs may not appear in government cost estimates, but they are quite real and eventually become part of the cost of doing business and therefore are ultimately reflected in the price of goods and services, both public and private.
To date the agencies issuing regulations have estimated that compliance will consume 127,602,371 hours of work annually. That by the way is equivalent to 61,347 person years of work.
You can view the Obamacare Burden Tracker and can also get a sense of the number of rules and regulations issued to date.
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- CLANCY: Labor unions that pushed Obamacare through want out (washingtontimes.com)
QUINNSCOMMENTARY 
One time cost looks about 200x too low. I am in charge of my company’s health insurance and have spend about 3 hours already trying to digure out what our responsibility really is. We will also have more to go over it in our next annual health insurance meeting, our HR person will have to learn more, each employee will no doubt spend their own time trying to understand what changes are coming…
I’d put it at 700Million hours (2 hours per person)
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You may be a bit behind on this one, there is a lot for employers that should already have been done. And I suspect you would want to communicate a great deal to your employees about all this At the very least you may want to explain how the exchanges work and how they may affect the choices for your employees depending on the amount they now pay for employer coverage, especially if they enroll a spouse.
Check around this blog, you may find some tips that are helpful.
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compliance will consume 127,602,371 hours of work annually. That by the way is equivalent to 61,347 person years of work.
The White House can claim that it has created more jobs and reduced unemployment.
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There you go. And employers can cut back on benefits to cover the cost.
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