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And what about the rights of the stakeholders of those for-profit corporations?

• TheOtherHobbes 7y ago
  What about the right of patients not to be bankrupted by a service they have been paying into for their entire working lives? Stakeholders don't get a magic pass on this. The polite view is that they're profiting from suffering. The less polite view is that the entire industry is a toxic, possibly even criminal, cartel, and needs to be split up and defanged in the same way that other toxic industries - tobacco, opioids - have been defanged.
• zentiggr 7y ago
  If those stakeholders are sponsoring the cash grab mentality that has the health industry so messed up right now, then screw em. Sell off every private company involved and legally mandate that they can only sell to non-profit entities, and let every shareholder that's gouging everyone else scream or cry or whine however they want. The more noise they make, the more harm you know they were causing. Sick and tired of greed making all these layers of corporate corruption, market lockup, government process tailoring, and outright deception the status quo.
• Merrill 7y ago
  We could do a debt for equity swap. Set up a Government Sponsored Entity like Fannie Mae to issue bonds equivalent to the market value of the equity. Essentially a government sponsored leveraged buyout.