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I'm not sure about that. Private health care is largely beneficial in countries with strong socialized health care. I'm definitely no expert on financial regu
by klyrs 4y ago
I'm not sure about that. Private health care is largely beneficial in countries with strong socialized health care. I'm definitely no expert on financial regulation, but I see the practice of "flipping" businesses as the real problem. Where I live, we've recently introduced a "house flipping tax" (which doesn't go far enough, in my opinion, but that's another conversation). A similar approach could be taken to private sales of businesses: if you buy and sell a company in a relatively short period of time, the gains (from the sale, from income, etc) should be taxed at a steeply elevated rate.
- cptcobalt 4y agoYeah, private healthcare can always be a valid addition, but access to "strong socialized healthcare" should be a relatively good minimum floor — something many countries do not have. All humans need health maintenance, it doesn't need to be a "can I afford it" value proposition. I know friends currently living without it because they can't, even with subsidized social options... this is endemic to the problem of "socializing" a private healthcare system, where $ comes first.
- klyrs 4y agoAbsolutely. The US creates particularly perverse incentives. In countries with strong socialized healthcare, private offerings must be better than the public service to be worthwhile. In the US, private healthcare needs to be better than literally nothing when a big player buys up the competition.