Comment by JumpCrisscross
21 hours ago
If we’re going to stick with private ownership of our healthcare infrastructure, patient-facing providers should at least be required to be B Corps, with one Board seat set to represent the doctors’ and nurses’ interests and a second patients’ interests. (Not sure how you’d elect the latter.)
There should also be strict leverage, related-party transaction and dividend limits. In exchange, we might provide a public lender of last resort for healthcare providers who need a lifeline.
Banning private equity from healthcare is a good headline. And if I were a candidate, I’d probably run on it. But it’s a band-aid to a broader incentive problem.
The issue is, at least in the US, if we ban PE/VC from healthcare, who is going to do it?
Americans are deeply divided on the big bad guvmit
I have hope that the newer generations don’t align with “big bad guvmit”, and there’s been enough negative experiences (direct and indirect) with healthcare that people will vote for alternatives.
Also, I am saddened by the shared anxiety of healthcare in US (availability while jobless, f*** by big bills, lack of care, etc). The raw amount of shared mental stress must contribute to lower lifespans :(
A lot of people who got the bad side of healthcare system are not there to tell the story. Or they wont have capacity or money to have kids, etc.
Also poor people who having serious health problems dont have time to be politically active.
My impression on the newer generation is either socialist or republican with little in between.
What's wrong with private practices again? Personally I prefer them but (purely my own impression) it seems like they are dwindling.
> What's wrong with private practices again?
Administrative overhead. And some things resist it, e.g. ERs.
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The same way they ran before PE and VC
>Americans are deeply divided on the big bad guvmit
But insurance companies are a-ok
Socialism is ok as long as it doesnt benefit minorities.
Like bank bailouts and farm grants.
Thats essential Democratic Socialism and would lead to minorities benefitting.
As such, liberals and conservatives agree its a bad idea.