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I actually think that's a reasonable (if unlikely) idea. In Australia we had a government-owned-but-run-for-profit private medical insurance company. The idea w
by akdor1154 6y ago
I actually think that's a reasonable (if unlikely) idea.
In Australia we had a government-owned-but-run-for-profit private medical insurance company. The idea was that the government could use competition in the market instead of heavy-handed regulation to make the sector play nice.
It worked beautifully. Great government use of a free market mechanism.
(A few years ago our conservative government sold it off because they are ideologically allergic to the idea, and/or they're just corrupt fucks in the pants of corporates)