Probably we should take a moment also to dwell on the phrase
“Insurance plans run by private companies” in light of the word
“designed”.

Now, what do we call it when leftwing politics motivates
government to design markets and to rig commerce? Of course, it’s
crony capitalism, but I’m looking for another word, too. That word
is spelled with the letters {a, c, f, i, m, s, s}.