From The Mercatus Center:
Health Care
The Poor Quality of Affordable Care Act Regulations
by Christopher J. Conover, Jerry Ellig
Mercatus Center
January 11, 2012
In general, the health regulations were less transparent than the major proposed rules issued by the Bush and Obama administrations in 2008 and 2009. This means it was difficult for the lay public or even experts to understand how the analysis calculated at least some of its estimates of benefits or costs. In some cases, the rules inadequately assessed the expected benefits or failed to demonstrate how the rule would achieve them. In other cases, the analysis failed to demonstrate that there was some market failure or other systematic problem that could be addressed only through federal government action. Some rules also failed to identify alternative, less expensive approaches to regulation or failed to adequately assess costs and compare these to benefits. In fact, not one of these rules sought to monetize expected benefits, making it unclear why the agency concluded that the rule had benefits that exceeded its costs.
URL: mercatus.org/sites/default/files/publication/Poor_quality_of_ACA_ConoverEllig_MOP101_0.pdf
Health Care
The Poor Quality of Affordable Care Act Regulations
by Christopher J. Conover, Jerry Ellig
Mercatus Center
January 11, 2012
In general, the health regulations were less transparent than the major proposed rules issued by the Bush and Obama administrations in 2008 and 2009. This means it was difficult for the lay public or even experts to understand how the analysis calculated at least some of its estimates of benefits or costs. In some cases, the rules inadequately assessed the expected benefits or failed to demonstrate how the rule would achieve them. In other cases, the analysis failed to demonstrate that there was some market failure or other systematic problem that could be addressed only through federal government action. Some rules also failed to identify alternative, less expensive approaches to regulation or failed to adequately assess costs and compare these to benefits. In fact, not one of these rules sought to monetize expected benefits, making it unclear why the agency concluded that the rule had benefits that exceeded its costs.
URL: mercatus.org/sites/default/files/publication/Poor_quality_of_ACA_ConoverEllig_MOP101_0.pdf
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