OCR | Obamacare regulations impose heavy costs

Government regulations, even reasonable ones, are essentially hidden taxes. They are costs imposed by government. Someone pays the cost of implementing them, and for the consequences they spawn.

We often note that it is people who ultimately pay taxes. Not corporations. Certainly not governments. Institutions pass along the costs of meeting these hidden taxes to customers and to people they purportedly serve.

A recent study by the American Action Forum, a Washington, D.C., center-right group seeking “smaller, smarter government,” identified $27 billion to date in new regulatory costs for states stemming from the misleadingly named Affordable Care Act, also known as Obamacare. That’s in addition to $20 billion in lifetime regulatory costs imposed on private entities, the organization says.

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