Can We Lower Healthcare Costs?
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- Опубліковано 5 вер 2024
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Ozempic costs 5$ to make, but costs more than a grand in the US. It's not just how cheap it is, but the system providing it.
Its called inflation. There is an unchecked amount of monetary pressure available to the drug market. There are only 2 ways to address this, either get government out of healthcare or institute price controls. Im a libertarian but i think the government is well within its rights to control the price of an industry that it pretty much is guaranteeing a customer base by law.
@@gmmg8734 It feels like you’re being ripped off, but in actuality, pharmaceutical companies have to charge these higher prices when a new product goes market because they need to also recoup the money they spent on 20 years of R&D prior to the medicine being approved! That’s how it works for pharmaceutical companies that research and develop their own products. For those companies that just rip off novel medicines going off patents, they’re able to charge such low prices because they have no R&D behind them. They are thus able to charge only based on the costs of manufacturing and operations. Because all they have to do is COPY- these are the pharmaceutical companies that manufacture what is known as “generic” products.
The love and kindness in these comments is inspiring. Thank you!
@forwardpod: Hi Andrew and Zach, I enjoy your podcasts and have admired Andrew’s clear logical perspectives ever since you ran for office 4 years ago. Can you please do a podcast that does a deep dive into Trump’s project 2025? I’d like to have a better understanding of what it’s all about, its implications, and the possibility of it being enacted if Trump wins the next election. And hearing your thoughts about all of this would be very interesting. Thank you!
Just support universal healthcare.
Canada has it but they pay high taxes.. everything is going to cost us somewhere
MRI itself is pretty cheap, they just overpice it a lot in USA
Yes. It’s called Medicare For All
Can we JUST lower healthcare costs while changing nothing else? We all know the answer to that.
When folks that can do the leadership job (like e.g. Andrew Yang) have no shot at actually getting the job in the first place - we get the leaders we so richly deserve.
And we pay the price for that - the cost of healthcare being just one small example. When you're charged $1,000 for a pill that cost $5 to make, the remaining $995 buys American exceptionalism: the feeling that an American worker is somehow superior to a Chinese or Indian or Vietnamese one that makes 5 times more product per $1 (s)he gets paid. 19,900% markup is a lot to pay for a delusion.
Why do you think a 3 days stay at hospital for preventative or cautious step for a suspected heart problems cost 96 thousands dollars at one of our best hospital in the northeast? Even if insurance covers ,it still be a big rip off.
Because Americans voted for it.
@@AltruisticMystic Tell me about that? Obamacare? Biden? What's your thoughts?
I’m in awe of this video.
Andrew Yang 2024
about to have to research Medical Vacation Travel - to check on simple skin bump to see if it is cancer :( this is ridicutlous
yang not teaming up with rfk is a tragedy
Why would he, He is a mainstream sellout
Its rare to see one out here in this part of Cali
Question one, does it work? Is Prenuvo helping patients? Where are the studies? Question two, the US loves tech to solve problems but is it the best option or is it a sales pitch? See "The American Health Care Paradox" by Bradley and Taylor.
How do you storyboard a video project like this?
Why does scale bring down the cost?
If you buy an MRI machine for a million dollars - and treat 5 people a month - how much do you charge each for an MRI to have the machine paid off in 10 years ? OR
you treat 100 people a month ... how much do you charge for that 10 year pay off ?
I'm so mad that UA-cam unsubscribed me from this channel.
Unfortunately the insurance company would pocket the savings
The average cost of an MRI in the US is $1,325. ..... Could he mean the machine itself costs $50 grand?
FAR more than that.
If you're not talking about making it free for taxpayers you're not talking about improving costs. If you have to choose between food or gas, do you 200 bucks for profilactic screenings? Get. A. Clue. People are broke.
Yang is a rich conservative. Nuff said.
As a Canadian, I can assure you it isn't free ANYWHERE. I'm fact the average MRI scan is under $2,000 in USA, but in Canada, the taxpayer foots a 12,000 bill. Everyone pays into it with their work, every paycheck gets to deductions in Canada.
BUUUT, not only is it not expensive, you can't just schedule the test in Canada. The wait was so long now you need to be referred by a doctor and placed on a list unless you're in immediate medical need, and that pushes the waiting list further back.
There is no perfect system, there are just trade offs. So I like that I have overall coverage? Yes. But I don't like that my brother's routine knee surgery took so long (18 months) he now needs hip surgery and the OTHER KNEE worked on for walking around in the bad knee so long and he's on similar waiting lists for this too.
If you want horror stories I can write an essay.
Free isn't free. I wish it was.
It isnt free, you pay taxes for free healthcare. MRI is free in most of Europe. The system works fine. Its just like that in North America.
Edit: waiting lists are easily fixed btw
@@AltruisticMystic you say that but if it is so easy to reduce wait lists explain why Canada has had this problem for over 20 years.
And it's not free, your MRI. You've paid taxes, they go toward your future need for medical care. It just isn't "out of pocket".
Words matter, it isn't free. Everyone pays.