Sweet: ObamaCare is going to cost us 127 million+ hours a year

posted at 2:01 pm on February 6, 2013 by Erika Johnsen

Just a little midweek, midday roundup of a few of the most recent ways in which the Affordable Care Act is just not going according to plan. “Unexpectedly,” of course.

The House Ways and Means, Education and Workforce, and Energy and Commerce Committees have teamed up on a new report called the “ObamaCare Burden Tracker,” meant to function as “a real-time online resource to help the public keep track of all of the new government mandates, rules, and red tape as a result of ObamaCare.”

Every hour and dollar spent complying with the Democrats’ health care law are time and resources being taken from spending time with family, growing a business and creating jobs, or caring for patients.  Since many small businesses do not employ in-house lawyers and accountants, compliance costs are especially expensive and burdensome.  Given the new demands of complying with the law, it is not surprising that over 70 percent of small businesses cite the health care law as a major obstacle to job creation.

What could be done in 127,602,371 hours? 

  • Mount Rushmore, which took 14 years to build, could be constructed 1,040 times.
  • Halley’s comet, seen from Earth once every 76 years, could be spotted 191 times.
  • The Empire State building, which took 7 million hours to build, could be constructed 18 times.

Ways and Means Chairman Dave Camp (R-MI) stated, “This is just another example of the Obama Administration placing the burden of their policies on the backs of those who are already doing more with less time and resources – families and small businesses.  With many rules and regulations yet to come, these 127 million burden hours – many of them due to complying with new taxes – are just the tip of the iceberg.  Worst of all, the law has failed to deliver what Americans need most – affordable health care.”

Dang. Can we get an app for this?

It’s highly useful to remember that the many costs of ObamaCare are not merely monetary ones; every hour that an individual or business spends complying with the many twists and turns of the new health care regulations is an hour spent not doing something else. This is a major opportunity cost that’s going to take a huge chunk out of American productivity; if the White House sincerely thinks that even more regulations and compliance costs are going to do anything to spur us along after four years of a whimpering economy, they’ve got another thing coming (although they so far seem perfectly content to sweep the jobs-and-economy issue under the rug and just keep laboring under this “new normal”).

In that same vein, yesterday’s Congressional Budget Office report included a number of not-so-subtle hints that maybe the feds should consider toning it down on the boldfaced ObamaCare optimism, lest they should perhaps come to regret their many cheerful promises, via the NJ:

On several important measures of the law’s success, CBO’s numbers are pessimistic compared with earlier estimates: Fewer uninsured people will get coverage, insurance options will be more limited, and more employers will stop covering their workers. Perhaps most noteworthy, the report suggests that the new health insurance marketplaces set to launch later this year are unlikely to be completely ready in time.

That negativity came cloaked in the careful language of the budget office—what former Bush health official Tevi Troy called “heavy bureaucratese”—but the report signaled CBO officials are worried that key provisions of the law are not going to work as intended.

“They view the odds of success as diminishing sharply,” said Douglas Holtz-Eakin, the president of the conservative American Action Forum and a former CBO director. …

In plain language, that means CBO thinks the marketplaces won’t have many insurance choices, the Medicaid enrollment systems will not be ready for new people to enroll, and people will be less enthusiastic about signing up for new insurance options.

And just to get a little more specific:

The Congressional Budget Office on Tuesday quietly raised the 10-year cost of ObamaCare’s insurance subsidies offered via the health law’s exchanges by $233 billion, according to a Congressional Budget Office review of its latest spending forecast.

The CBO’s new baseline estimate shows that ObamaCare subsidies offered through the insurance exchanges — which are supposed to be up and running by next January — will total more than $1 trillion through 2022, up from $814 billion over those same years in its budget forecast made a year ago. That’s an increase of nearly 29%.

You’re welcome.


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

Whatever he is doing in that picture, he needs to stop it, immediately. Now on to reading.

Cindy Munford on February 6, 2013 at 2:04 PM

It’s designed to wreck us. I used to (almost) laugh off the Cloward-Piven thing. It’s here.

ddrintn on February 6, 2013 at 2:06 PM

Yep, we never saw that coming. :D

MityMaxx on February 6, 2013 at 2:08 PM

A lot of people who voted for Obama are going to be very disappointed with Obama Care. They won’t blame Obama, of course. I’m not sure whom they’ll blame, but they won’t blame Obama.

Curtiss on February 6, 2013 at 2:09 PM

We are going to need some more digits on the Debt Clock.

Electrongod on February 6, 2013 at 2:09 PM

Sooo, here’s a question for all those in the know.

The Repubes still have the majority in the House, yes? And the House is said to hold the purse strings right? So, if that’s the case, why can’t the Repubes in the House grow a pair, and a spine, come out and say, you know, we’re just not going to fund ObamaCare. Sure, it will be law and everything but it’s not going to have any funding as long as we’re in control of the House.

Can they not do this? Just kind of thinking out loud, so it may not be possible but just wanted to throw that out there.

Meople on February 6, 2013 at 2:10 PM

Pelosi was right

cmsinaz on February 6, 2013 at 2:11 PM

Yet another troll free thread? Cowards!

Bmore on February 6, 2013 at 2:11 PM

When was the last time the CBO was less than one order of magnitude off on a projected government program cost?

Curtiss on February 6, 2013 at 2:11 PM

It’s designed to wreck us. I used to (almost) laugh off the Cloward-Piven thing. It’s here.

ddrintn on February 6, 2013 at 2:06 PM

It’s looking more and more like a Cloward-Piven inspired ending is a rose-colored glasses best case scenario.

Lily on February 6, 2013 at 2:12 PM

Ding ding ding Curtis

Bush or gop for sure

cmsinaz on February 6, 2013 at 2:12 PM

A lot of people who voted for Obama are going to be very disappointed with Obama Care. They won’t blame Obama, of course. I’m not sure whom they’ll blame, but they won’t blame Obama.

Curtiss on February 6, 2013 at 2:09 PM

Maybe it’s up to us to remind them at every possible opportunity that this was available information right from the beginning, elections have consequences and that THEY voted for it.

Perhaps the age of “personal responsibility” needs to be revisited.

kim roy on February 6, 2013 at 2:12 PM

Wait a minute!

Wasn’t it supposed to be Free!

/Libs
(Low information bubbleheads)

Galt2009 on February 6, 2013 at 2:12 PM

/Libs
(Low information bubbleheads)

Galt2009 on February 6, 2013 at 2:12 PM

You can use the butt here.

Electrongod on February 6, 2013 at 2:13 PM

Yet another troll free thread? Cowards!

Bmore on February 6, 2013 at 2:11 PM

Hey, Where are all the trolls acknowledging Obama’s ownership of this debacle?

Galt2009 on February 6, 2013 at 2:14 PM

It’s simple to fix…pass a law that there are 8 days in a week. Presto! More time to handle the compliance problems.

moo on February 6, 2013 at 2:14 PM

Hey! Look over there! *points* Gun control! Illegal immigrants!

a capella on February 6, 2013 at 2:15 PM

Yet another troll free thread? Cowards!

Bmore on February 6, 2013 at 2:11 PM

Asstoneri can’t link this to King Lincoln, Kunte18′s two brain cells have overheated, and Jetboy is too busy comparing his Noble Cause(tm) to that of the Civil Rights movement.

MelonCollie on February 6, 2013 at 2:15 PM

The ones that helped create this. Enjoy the misery. May you starve!

Bmore on February 6, 2013 at 2:16 PM

Ding ding ding Curtis

Bush or gop for sure

cmsinaz on February 6, 2013 at 2:12 PM

Here’s a suggestion: Because of the Tea Party Extremists in the House and their constant unpatriotic obstructionism and protection of the 1%, Obama couldn’t make Obama Care successful. He did the best he could. No man could have done better.

Curtiss on February 6, 2013 at 2:17 PM

It’s designed to wreck us. I used to (almost) laugh off the Cloward-Piven thing. It’s here.

ddrintn on February 6, 2013 at 2:06 PM

It’s looking more and more like a Cloward-Piven inspired ending is a rose-colored glasses best case scenario.

Lily on February 6, 2013 at 2:12 PM

Yeah, I can see us all soon reminiscing about the good old days when that was the worse thing that could happen.

Galt2009 on February 6, 2013 at 2:17 PM

/Libs
(Low information bubbleheads)

Galt2009 on February 6, 2013 at 2:12 PM

You can use the butt here.

Electrongod on February 6, 2013 at 2:13 PM

That works too.

Galt2009 on February 6, 2013 at 2:18 PM

Job creation, racists misogynists flat-earthers homophobes gun nuts.

rogerb on February 6, 2013 at 2:18 PM

So, uh, Erika, what you’re trying to say is that ObamaCare is also a job creator?

/libtard

gwelf on February 6, 2013 at 2:18 PM

Wasted time is the best economic stimulus since broken windows and food stamps. When are you wingnuts going to drop your fantasies about productive work and private investment creating wealth? Printing money, filling out forms and government transfer payments produce real growth.

Get on the right side of history before its too late.

forest on February 6, 2013 at 2:19 PM

Red states need to nullify this monster and refuse to allow compliance with any of it within their borders.

I don’t care what SCOTUS said, Obamacare is unconstitutional and the states under the 10th Amendment should ignore it. The more that do, the faster it collapses in on itself.

Charlemagne on February 6, 2013 at 2:20 PM

Filthy freaking progressive leftists. Here just for you lost.

Go find a ditch to die in.
lostmotherland on December 21, 2012 at 6:49 PM

Bmore on February 6, 2013 at 2:20 PM

Ya but think of how many jobs that equates to….
Economy trouble solved./

dentarthurdent on February 6, 2013 at 2:20 PM

Bark will create a new coin worth 127 million hours.

Bishop on February 6, 2013 at 2:20 PM

****Alert****

Finally,someone who understands *Jobs*!!
(sarc)

Obama calls Sally Jewell an expert on energy, climate; says she knows of connection between conservation and good jobs – live video

7 mins ago by editor

canopfor on February 6, 2013 at 2:22 PM

Bark will create a new coin worth 127 million hours.

Bishop on February 6, 2013 at 2:20 PM

Haha!

C’mon!

Who’s your daddy!

/Libs

Galt2009 on February 6, 2013 at 2:24 PM

Yet another troll free thread? Cowards!

Bmore on February 6, 2013 at 2:11 PM

…No!…dumb pissheads!

KOOLAID2 on February 6, 2013 at 2:24 PM

What could be done in 127,602,371 hours?

Oh……oh…..I know…….a *DEATH STAR*!!

canopfor on February 6, 2013 at 2:25 PM

Yeah, I can see us all soon reminiscing about the good old days when that was the worse thing that could happen.

Galt2009 on February 6, 2013 at 2:17 PM

‘Member back in the day when we all sweated out the regime of ChimpyBushMcHitler and the worst economy since the Great Depression? Gas was a frickin’ $1.89 a gallon back then when his oil magnate buddies where fixin’ prices and screwin’ us over. And women were dying on the floor because his evilness refused to pay for their birth control and abortions.

Good times. Good times.

Lily on February 6, 2013 at 2:26 PM

127 million hours seems way too low for this monstrosity.

trigon on February 6, 2013 at 2:26 PM

If we had real comprehensive gun control and a real comprehensive immigration policy in this country, the cost of Obama Care would go way down.

[just filling in for the absent trolls]

Curtiss on February 6, 2013 at 2:27 PM

Where are the applauding doctors?

Chuckles3 on February 6, 2013 at 2:28 PM

Efficiency.

steebo77 on February 6, 2013 at 2:28 PM

Stand up, leftist dingbats. Defend this monstrosity.

steebo77 on February 6, 2013 at 2:29 PM

Where are the applauding doctors?

Chuckles3 on February 6, 2013 at 2:28 PM

They all moved to Canada.

steebo77 on February 6, 2013 at 2:29 PM

Curtis

Heh :)

cmsinaz on February 6, 2013 at 2:30 PM

Where are the applauding doctors?

Chuckles3 on February 6, 2013 at 2:28 PM

They’re being trained in new…uh..techniques at the federal government’s “Mengele Medical Training Facility”.

Bishop on February 6, 2013 at 2:32 PM

127 million hours seems way too low for this monstrosity.

trigon on February 6, 2013 at 2:26 PM

If it’s a government estimate you can realistically triple it and you’d be closer to the same ballpark.

Meople on February 6, 2013 at 2:32 PM

Colin Powell just emailed to say that this whole thread is emanating from the Republican Party’s dark vein of intolerance.

Curtiss on February 6, 2013 at 2:33 PM

The implementation of OCare will be extremely painful.

And the Dems will skate entirely by blaming it on evil doctors, insurance companies, greedy people, and of course racism.

CorporatePiggy on February 6, 2013 at 2:33 PM

Yeah, I can see us all soon reminiscing about the good old days when that was the worse thing that could happen.

Galt2009 on February 6, 2013 at 2:17 PM

‘Member back in the day when we all sweated out the regime of ChimpyBushMcHitler and the worst economy since the Great Depression? Gas was a frickin’ $1.89 a gallon back then when his oil magnate buddies where fixin’ prices and screwin’ us over. And women were dying on the floor because his evilness refused to pay for their birth control and abortions.

Good times. Good times.

Lily on February 6, 2013 at 2:26 PM

Yes, and the libs kept on whining up and down about the tyranny of ChimpyBushMcHitler and his drone strikes against Americans…… oh wait.

Galt2009 on February 6, 2013 at 2:33 PM

We are going to need some more digits on the Debt Clock.

Electrongod on February 6, 2013 at 2:09 PM

And a bigger boat.

docflash on February 6, 2013 at 2:34 PM

I think we should send out thank you notes.

To Olympia Snowe, the key vote to move Obamacare out of the Senate finance committee.

& to republicrat governors John Kasich, Susana Martinez, Jan Brewer, Jack Dairymple, Brian Sandoval for helping to grow government at taxpayer expense & optimizing the implementation of Obamacare by jumping on the Medicaid expansion bandwagon.

http://www.nationalreview.com/corner/339871/why-medicaid-expansion-still-wrong-states-nina-owcharenko

Belle on February 6, 2013 at 2:36 PM

No one cares. The New American Moron Voter doesn’t care. They don’t care about ObamaCare destroying the nation nor do they care about their Government being able to assassinate Americans, in America, without due process.

Welcome to the short and extremely painful existence of the USSA. Hope the Libs are happy in their new utopia, until it implodes.

Meople on February 6, 2013 at 2:44 PM

“KEEP OBAMA IN PRESIDENT, Y’KNOW!”

Jeddite on February 6, 2013 at 2:45 PM

Where have you gone, Joe DiMaggio
A nation turns it’s lonely eyes to you…..

Good Times

D-fusit on February 6, 2013 at 2:51 PM

The Congressional Budget Office on Tuesday quietly raised the 10-year cost of ObamaCare’s insurance subsidies offered via the health law’s exchanges by $233 billion, according to a Congressional Budget Office review of its latest spending forecast.

Boehner “we need real leadership in DC”

Oaf, look in the mirror, you scumbag.

Schadenfreude on February 6, 2013 at 2:52 PM

Well good..make those tonsil vultures do some work for a change. They’ve been screwing over the poor for decades.

Thank you President Obama.

HumpBot Salvation on February 6, 2013 at 3:02 PM

Bishop kills me.

hawkdriver on February 6, 2013 at 3:20 PM

ObamaCare designed to fail since Day One. It’s not a ‘bug’, it’s a ‘feature’.

So far, no comment from Pelosi.

GarandFan on February 6, 2013 at 3:35 PM

Schadenfreude: ” Boehner “we need real leadership in DC” Oaf, look in the mirror, you scumbag.

Yep, Boehner: “Washington desperately needs some adult leadership.” What he really wanted to say is “I desperately need another drink”.

I expected to feel a little lighter since the election. But I feel worse. Republicrats, Demorats, is their any optimism for us Constitutionalists?

Belle on February 6, 2013 at 4:03 PM

Thank you Mitt Romney, 0bama, the Democrat Party, and especially the benchwarming Romney supporters. You ALL allowed this to happen, so I hope it affects you terribly.

While the whiners and groin tuggers fret I’ll be AGAIN attending a MIGOP meeting to AGAIN get myself elected to go to this years MIGOP Convention. Someone has to make the hard decisions the little benchwarmers are too lazy to make.

DannoJyd on February 6, 2013 at 4:31 PM

Boehner “we need real leadership in DC”

Oaf, look in the mirror, you scumbag.

Schadenfreude

My friend, didn’t you know that he doesn’t dare make a move before his GOP handlers tell him what to do? That is why I DESPISE the GOP Insiders almost as much as I do the GOP benchwarmers today.

Think about it.

DannoJyd on February 6, 2013 at 4:34 PM

127,000,000 hours is about 250 lifetimes. Obamacare just reduced 250 people to involuntary servitude from the moment they were born till they are laid to rest.

Fast and Furious probably killed more, but hey, they were Mexicans.

njcommuter on February 6, 2013 at 5:22 PM

No ses, no lost, Hmmm…..

Bmore on February 6, 2013 at 5:37 PM

127,000,000 hours is about 250 lifetimes. Obamacare just reduced 250 people to involuntary servitude from the moment they were born till they are laid to rest.

Fast and Furious probably killed more, but hey, they were Mexicans.

njcommuter on February 6, 2013 at 5:22 PM

How about this – the average salary across the US is $43K / year – which equates to about $23 per hour. That means the COST of this is about $2.9 BILLION.

dentarthurdent on February 6, 2013 at 6:28 PM

Thank you President Obama.

HumpBot Salvation on February 6, 2013 at 3:02 PM

You forgot the /sarc/ tag.

Solaratov on February 6, 2013 at 6:32 PM

I think we should send out thank you notes.

To Olympia Snowe, the key vote to move Obamacare out of the Senate finance committee.

& to republicrat governors John Kasich, Susana Martinez, Jan Brewer, Jack Dairymple, Brian Sandoval for helping to grow government at taxpayer expense & optimizing the implementation of Obamacare by jumping on the Medicaid expansion bandwagon.

http://www.nationalreview.com/corner/339871/why-medicaid-expansion-still-wrong-states-nina-owcharenko

Belle on February 6, 2013 at 2:36 PM

Who was it who backed down on requiring the entire bill to be read just before Christmas, thus allowing the Dems to get their vote in under the wire? Stupid mistake, but as usual just trying to go along to get along like the other establishment Republicans.

toby11 on February 6, 2013 at 6:42 PM