Re:Parachuting for Charity: A 5-year audit (1999)
by gojomo on Thursday January 16, 2020 @01:38PM
(#22067460)
I've not heard of parachute jumps for charity in the USA. Is it more popular in the UK?
And if so, is it possible the existence of the NHS – making participants & charities somewhat more indifferent to the medical costs – is what's helping the popularity (& resource waste) here, in a classic 'moral hazard' situation?
Have UK charities just figured out a way, via a slight nudge to wannabe parachuters, to siphon off some of the value of NHS coverage into their own program funds?
And if so, is it possible the existence of the NHS – making participants & charities somewhat more indifferent to the medical costs – is what's helping the popularity (& resource waste) here, in a classic 'moral hazard' situation?
https://en.wikipedia.org/wiki/Moral_hazard
Have UK charities just figured out a way, via a slight nudge to wannabe parachuters, to siphon off some of the value of NHS coverage into their own program funds?