A healthcare worker needs to understand the process of how healthcare laws and policies are implemented. What are the tools being used to study proposals by legislators? A cost-benefit analysis is a method conducted to determine probable costs and benefits related to a proposed project to determine whether the benefits outweigh the costs or the costs outweigh the benefits. Then, a decision is made based on the data (Stobierski, 2019). Legislative leaders utilized the cost-benefit analysis to assess whether to continue, modify or terminate policies.
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