Chapter
Third-Party Regulation, Fourth-Party Pricing and Fifth-Party Payment in Medicine
4:43:01 - 4:47:18 (04:16)
The most capitalistic areas of medicine are the most functional areas of medicine like ambulatory medicine, whereas ambulance medicine is socialist medicine.
Clips
The speaker discusses the broken parts of the US medical system, including third-party regulation, fourth-party pricing, and fifth-party payment, and suggests decentralizing control back to the individual for a healthier and more protective system.
4:43:01 - 4:44:18 (01:17)
Summary
The speaker discusses the broken parts of the US medical system, including third-party regulation, fourth-party pricing, and fifth-party payment, and suggests decentralizing control back to the individual for a healthier and more protective system.
ChapterThird-Party Regulation, Fourth-Party Pricing and Fifth-Party Payment in Medicine
Episode#331 – Balaji Srinivasan: How to Fix Government, Twitter, Science, and the FDA
PodcastLex Fridman Podcast
This podcast episode discusses why some people are against capitalism in medicine and how the areas of medicine with the most capitalism tend to be the most functional.
4:44:19 - 4:46:43 (02:24)
Summary
This podcast episode discusses why some people are against capitalism in medicine and how the areas of medicine with the most capitalism tend to be the most functional.
ChapterThird-Party Regulation, Fourth-Party Pricing and Fifth-Party Payment in Medicine
Episode#331 – Balaji Srinivasan: How to Fix Government, Twitter, Science, and the FDA
PodcastLex Fridman Podcast
The Singapore model, which features a mandatory health savings account (HSA) to pay for healthcare bills, offers a good example of what health insurance should be.
4:46:43 - 4:47:18 (00:34)
Summary
The Singapore model, which features a mandatory health savings account (HSA) to pay for healthcare bills, offers a good example of what health insurance should be. By shifting people more towards ambulatory medicine, patients can take control of their finances and receive better care.