Accountable Care Organisations: spot the difference between them and Carillion!

Carillion bid for, and got, many big contracts to offer privatised services in every part of the UK. While it was making profits, these were creamed off first by directors and then by shareholders with a good slice for donations to the Tory party and as little as possible to taxation.

Directors changed its rules to eliminate or vastly reduce their risks (see below). When it went bust, it was “too big to fail” so now the Tory government – which believes, or so it says, in the “free market” and DEFINITELY NOT in nationalisation – picks up the tab and we, the taxpayers, pay for its failure.

Can anyone tell Owl the difference between Carillion and Accountable Care Organisations for the NHS? Big contracts to be offered to privatised services such as Virgin Care, to offer their privatised services all over the UK, where once again, directors cream off the first layer of profits and shareholders the rest. Though in the case of Branson and Virgin HE pays no tax.

What incentive do they have to keep costs down and quality up. when, if they fail, we pick up the tab?

Imagine if this was happening under Corbyn. Who would the Conservatives be blaming? What would they be saying if his government was picking up the bills.

This is NOT a homily to Corbyn – just saying!