Chamber crowns healthcare mandate most onerous reg

The U.S. Chamber of Commerce has deemed the health insurance mandate to be the most onerous regulation of ObamaCare.

The mandate, which requires companies with 50 or more full-time employees to provide health insurance starting in 2014, beat out seven other competitors in the “Not So Elite Eight” for the honor of being the most onerous rule.

Unlike the basketball championship, contenders in the Chamber’s “Health Care Regulatory Madness" were chosen by online participants and came down to the top two seeded rules: the employer mandate and the state insurance exchanges, which will be marketplaces for small businesses and their employees to buy insurance.

The four-day contest was designed to showcase what the Chamber called “a flurry of implementing regulations” created by the law. It cited 20,000 pages of rules that have been written under the Affordable Care Act.

In a tongue-in-cheek video announcing the contest, the Chamber's Communications and Strategy Director Katie Denis called the mandate “kind of a legend.”