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What are the estimated costs of compliance?

compliance costs estimated
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What are the estimated costs of compliance?

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The Department of Health and Human Services has estimated the cost of compliance industry-wide at $3.5 billion to $17.5 billion. The Blue Cross and Blue Shield Association estimates the cost industry-wide at $43 billion over a five-year period. Compliance initiatives not only will be costly, but they also will take months to develop and launch.

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