For profit public company seems more accountable and efficient than a private non profit or a government monopoly.
If a faang got caught building a fire fighting business by doing arson, the stock would take a hit for sure not to mention all the shareholder lawsuits and securities fraud allegations on top of the arson criminal charges…
The problem with private prisons is probably that they are private and not publicly traded corporations.
Insurance works fine as publicly traded corporations.
Insurance doesn’t really make that decision. Doctors do. it they decide to not pay after the procedure, the doctor / hospital can fight it out with the insurer.
In practice government monopolies ration care much more.
If a faang got caught building a fire fighting business by doing arson, the stock would take a hit for sure not to mention all the shareholder lawsuits and securities fraud allegations on top of the arson criminal charges…
The problem with private prisons is probably that they are private and not publicly traded corporations.
Insurance works fine as publicly traded corporations.