If you want to see an example of how regulation can help both individuals and business, take a look at the work of the Office of the Health Insurance Commissioner.
Health insurers are caught between the proverbial rock and hard place, dealing with ever-rising health provider costs and public pressure (and in some cases, mandated limits on administrative costs), leaving them with little room except to ask for rate increases every year.
Those increases have the potential to cut into business profits (it can be difficult to raise prices to cover these new costs), and in the case of individuals, making it difficult to find a plan that they can afford and that leaves them without the fear of financial ruin due to a serious illness.
Enter the OHIC, which has the dual mandate of keeping rates as low as possible while making sure that insurers can remain economically healthy themselves.
It is not an easy mandate, but the office walks the tightrope every year, and at the same time pushing the health insurance industry to innovate and reduce its costs.