And a cost-benefit analysis doesn't have to be complicated. You simply draw a line down the middle of a piece of paper to create two columns. On the left, list the benefits of achieving a given goal.

But the bigger employer benefit cost — about 8% of total compensation — is health insurance. And in 2024, the premiums your employer paid went up faster than most things, besides eggs. “So health care ...

Ultimately, the choice will be influenced by the situation; for numerous entities, the benefits may well outweigh the costs.

The table just below, “Rules Without and Without Cost-Benefit Analysis, 2001-Present” incorporates OMB’s new 2023 figures on the bottom row. Regulatory Cost-Benefit Review of Major Rules and ...