Which 5 States Bear Largest Burden Under Reform Law?

The Patient Protection and Affordable Care Act has cost states and private companies $27.6 billion to date, and five states will endure at least $1 billion in regulatory costs stemming from the law, according to a new analysis from the American Action Forum.

The five states experiencing the largest costs and losing the most work are detailed below.

Note: "Full-time employees lost" reflects the number of full-time employees dedicated to PPACA regulatory compliance, or hours of paperwork. The PPACA took a "robust work year" of 2,000 hours to approximate how many employees will be devoted to complying with federal paperwork. If a state has 10,000 hours of new paperwork requirements, the analysis presumes five full-time workers will be dedicated to regulatory compliance.

California
Compliance costs: $3.4 billion
Full-time employees lost: 2,917

Texas
Compliance costs: $1.8 billion
Full-time employees lost: 1,292

New York
Compliance costs: $1.7 billion
Full-time employees lost: 1,383

Florida
Compliance costs: $1.6 billion
Full-time employees lost: 978

Illinois
Compliance costs: $1 billion
Full-time employees lost: 816

More Articles on the Healthcare Reform Law:

PPACA Could Directly Eliminate 400K Hospital Jobs in 2013, Average Hospital Would Shed Over 100 Positions
President Obama, Romney Square Off on Healthcare in NEJM
Romney Likely to Keep ACOs, Says Campaign Adviser



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