Word: cost-benefit
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...proponents of parity legislation argue the cost-benefit analysis actually favors employers in the long run. Asked about employers' fears that blanket coverage could send insurance costs sky-high, Dr. Katon pointed out that while the there could be financial benefits to employers who extend coverage to mental disorders. "I think employers would actually benefit from coverage, even if it is more expensive, because employees who are well are less likely to call in sick or take extended time off," Dr. Katon says...
...fluent in economic jargon. It is all too easy for him to gloss over the moral basis for our social welfare system. In the current debate over school vouchers, made more immediate by the recent decision by Philadelphia to privatize its schools, we must include the incalculables in our cost-benefit analysis. Summers should remember that while the language of economics and incentives can be a useful tool, it does not tell the whole story...
Until last month, O'Neill recommended delays in Clinton-era money-laundering regulations that had not yet been implemented so that cost-benefit analyses could be run--a classic Beltway ploy for slowing down and killing rules. And O'Neill's Treasury Department has called for a "top-to-bottom" review of anti-money-laundering resources and programs, which would have brought in the Office of Management and Budget to bean-count the costs of money-laundering enforcement...
...Advocates of the program are quick to point out Nunn-Lugar's impressive cost-benefit ratio: For slightly less than three-tenths of one percent of U.S. military expenditures, Nunn-Lugar has been responsible for deactivating 5014 warheads, destroying 384 ICBMs and eliminating 365 ICBM silos. And while Lugar a senior member of the Senate Foreign Relations Committee, continues to lobby for funding for the program, the 2002 federal budget calls for cuts of about $140 million. That?s quite a hit for an initiative whose seven-year operating costs were only $3 billion - less than the annual cost...
...Just such complaints, after all, combined with a coldhearted cost-benefit analysis, have prompted many states to take a hard line approach to mobile phone usage. According to the National Conference of State Legislatures, 42 states have introduced laws barring drivers from using hand-held cell phones. Most lawmakers see the ban as a win-win proposition - while irrefutable supporting data are still in the pipeline, preliminary evidence suggests that drivers are more reckless when they?re on the phone. And if simply keeping people off their cell phones while they drive (or just putting the darn thing...