Puppyroach on 07 October 2018
I don't think anyone is saying that private companies are evil, but they are not good either. Private companies have a sole objective; to make money. Problem is, healthcare is just like education, fire safety or police protection; people need it regardless of if someone makes money of it or not. That is why a private company can make huge profits from it and which is why prices for the private sector are way, way higher than for the public sector since the public sector doesn't need to make a profit. How it possibly affect innovation is hard to judge considering that the public sector in other countries make great innovations as well but the US is quite successful in the field.
