This article originally appeared in Regulation. Click here to read the full article.
By Ike Brannon and Sam Batkins
There is plenty of evidence that rushing through the rulemaking process results in poor analysis and shoddy policy outcomes. Nowhere is that more clearly manifested than in the Patient and Affordable Care Act (PPACA, also known as Obamacare), the Obama administration’s signature policy achievement.
Since its passage in early 2010, the administration has rushed PPACA regulations through the Office of Information and regulatory Analysis (OIRA)—the entity tasked with reviewing regulations for soundness—at a breakneck pace, often with merely perfunctory analysis. The result of those pell-mell efforts is displayed almost daily before the public with corrections, delays, and botched rollouts.