The Case for Regulatory Reform in the Business and Healthcare Environments‪.‬

INTRODUCTION Regulatory reform is not only a need, it is necessary! There are a great many of these restrictions, and although regulation is an important tool in handling the problems of modern industrial economy, many of these have placed heavy burdens on those subject to them. The cost of compliance with regulations has forced some businesses to close their doors and has erected a formidable barrier to entry for new firms. At the same time, some regulations conflict with others, placing citizens in a position of having to violate one or the other. In addition, the financial burden imposed by the filing of forms, the hiring of staff to complete forms, and the cost of changes in methods of operation required by some regulations have most certainly added to inflation. Finally, some regulations have been poorly developed without a careful consideration of alternative and less burdensome approaches to the problem. (U.S.97th Congress, 1982).