There is nothing preventing private companies from going around checking if your equipment is ok.
Why aren't there hundreds of companies competing to do that cheaper and cheaper?
Thats easy!
Because in the UK and in the US we do not HAVE a free market capitalist driven medical system. We have the heavily socialist super wasteful NHS and you have an increadibly over complex highly legislated and over regulated insurance based system which is massively distorted and corpororatist.
In every other field, such as buying carpets, getting prices to rebuild your kitchen, or buying food, you DO have a free market driven system. Thats why you dont drive a communist made car with a 10 year delivery and zero choices.
Because there isn't any profit in it? Not true. There is a ton of profit in it, but only if you are crooked.
In any FREE MARKET system the competition rules out anything much being crooked. Because you need to get that job, or sell your product and offer a good reliable service or people walk. Your competitor that isnt crooked and doesent rip anyone off, gets the business. Likewise if his product or service is cheaper he sells more than you too.
Predator telemarketers scamming people out of their life savings, calling about your car warranty or Medicare, or whatever scam du jour. But they are not providing any value to anyone they call.
That depends. But its also down to the fools that are stupid enough to fall for their nonsense.
Some people sell genuine things and real services down a phone. Or on a TV screen. And many dont. In a free market then thats their perogative. As long as they are not breaking any laws or doing anything wrong. If someone is stupid enough to fall for lies, theft, bad service, etc then more fool them. If its illegal, then its no different to robbing a bank or mugging someone. Which has nothing to do with trade.
Private health insurance conglomerates have fingers reaching into wallets at every stage of healthcare. They invent new ways to take more money while providing less value and brag about it because that is what their investors want.
Correct. Thats why the medical system in the US isnt a free market capitalist system. Its an over regulated system that is the opposite to that. That kind of thing, is called corporatism, and its is illegal in the UK. And this results in price fixing and no free market competition. Also illegal in the UK. Thats not a free market. And it isnt capitalism either. We have a part of the government ha breaks up such big structures, and monopolies. And you should too.
I don't know what service the 3 nurses are supposed to be providing either. Seems like we are getting the worst aspects of capitalism and socialism at the same time.
They were doing what most of the socialist NHS does. Wasting time and money like its going out of fashion. "They" prefer to hang around in groups. So they do many meetings, and make many reasons to do such trips because its a nice easy day and they can talk. In a private business there would be a boss, thinking about productivity and profit in order to pay the wages and he bills and the taxes. In a socialist structure that doesent happen. Because their bsses all think the same way as they do. Which is why they invent ever more ways to make their days nicer or easier, and with as little responsibility as they can possibly get away with. Hence endless panel meetings, group decisions, piles of reports and paperwork, cake, coffee and a nice warm heated office. Why do socialist systems beave like that? Because their wages, the bosses wages, the money for bills, the new cars, the new furniture or maintainance costs, and all the rest are paid by the government. Helicopter money. NOT by the patient. They dont need to please you!