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RE: Unintended Outcomes

in Finance and Economy4 months ago

I think the main problem with government is that it is very heavily influenced by corporate interests. What is the chance that this whole theory of increasing rebates for the private doctor visits to reduce the burden on public healthcare was promoted by the private healthcare?

In US, they always say: "Private sector is way more efficient than wasteful government" from what I have seen over the last 20+ years as an insider government is most of the time is just as efficient as private industry in many cases a lot more efficient especially if you factor in the much higher cost of private industry employees.

Where government wastes a lot of money is in outsourcing services to private contractors or hiring private contractors to do the work instead of hiring full time employees.

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What is the chance that this whole theory of increasing rebates for the private doctor visits to reduce the burden on public healthcare was promoted by the private healthcare?

Pretty high I say.

Where government wastes a lot of money is in outsourcing services to private contractors or hiring private contractors to do the work instead of hiring full time employees.

Funny, isn't it? Companies do it too. More companies should be looking to build competence in-house, rather than constant outsourcing.