Incentives matter. In a private market, it's *always* more profitable to deny care than to provide it, and any metric we bolt onto that system to prevent cheating will immediately become a target. For-profit healthcare is an oxymoron, a prelude to death panels that will kill you for a nickel.

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Morgenson is an incisive commentator on for-profit looting. Her recent book *These Are the Plunderers: How Private Equity Runs—and Wrecks—America* (co-written with #JoshuaRosner) is a must-read:

https://pluralistic.net/2023/06/02/plunderers/#farben

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