Twenty of the 42 PPACA regulations with statutory deadlines have been missed since PPACA went into effect in March 2010. One of the more noticeable regulations requires vending machines and menus to post calorie counts. That rule is expected to cost restaurants and other small businesses at least $822 million to implement, but businesses are still waiting for the final rule. The proposed version was also tardy.
Another expensive deadline-miss involves the regulation for health plans and third-party administrators to publish a uniform summary of health plan benefits. “The administration was supposed to issue a final rule by March 23, 2011, but a rule was not published until almost a year later. The total cost for the regulation when it did arrive: $146 million and more than 3 million paperwork burden hours,” according to the report.
More Articles on PPACA:
Romney: President Slowed Economic Recovery to Focus on Healthcare Reform
House GOP: Things Will Get Messy If Supreme Court Strikes Down Part of PPACA
Moody’s: For-Profit Hospitals Stand to Suffer if PPACA Falls
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