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by infecto
41 days ago
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I have always gravitated towards a market model. Force police, like doctors, to have malpractice insurance. Let for-profit insurance companies model what that risk looks like. Now cities have to make a financial decision when hiring cops that is directionally accurate to the risk of said cop. Imperfect but I don’t believe perfect systems exist. But this goes back to government agencies never thinking about budgets. Modern politics is about marketing a tax reduction but never how that impacts the budget. |
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Perhaps the only tweak would be to regulate these insurance companies to control their profit margins. We don't want to end up in the same situation as medical insurance in the US. Tax payers will have to pay some of the insurance premiums indirectly. So this idea can work well so long as insurance is in that goldilox zone: enough to provide incentive for the companies to exist, but not so much that their greed creates an even worse system.