If you’re looking for a quick simplified overview of why healthcare costs are ballooning in the the US, jump to the 32nd minute!
https://youtu.be/bnhxbZlvMRQ?t=1860&si=sDyHDxWqNLA4CZAc
Or here is his thread on blue sky.
https://youtu.be/bnhxbZlvMRQ?t=1860&si=sDyHDxWqNLA4CZAc
Or here is his thread on blue sky.
If you want to understand why healthcare pricing is horrific, the first thing to know is that our system puts 100% of the credit risk for deductibles, copays and co-insurance on hospitals and doctors. That's insane.
We have turned them into Sub Prime Lenders 🧵