This site is in the process of being built and this article has not been written yet. We are expecting it to be completed within the next few weeks. An abreviated (but not linked) version is below.
1) Borrowing is more expensive for
private companies than for governments
2) The shareholders need paying
3) The administration costs are much
higher. Private systems are more fragmented
so there is more duplication
and it’s more complex.
In America administration is typically
about 30% of cost. In the NHS it’s
4) Some private companies will defraud
both the government and their
customers increasing costs.
5) Because providers are paid per procedure, they bump up the number of procedures.