Obamacare has imposed 111 million hours of paperwork
The Hill:
This is an out of control financial and regulatory mess.
In its first three years, President Obama's healthcare law has imposed more than $30 billion in costs and 111 million hours of paperwork burdens, according to a new study from the American Action Forum.The Heritage Foundation has also looked at the upward trajectory of the cost curve.
The forum, a conservative think tank led by former Congressional Budget Office Director Douglas Holtz-Eakin, said the law will raise premiums and hurt small businesses.
"The macro figures, $30.8 billion in costs and 111 million hours, might give policymakers some concern, but the real impact is how these figures affect the healthcare market, consumers, and small businesses," the report said.
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This is an out of control financial and regulatory mess.
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