The Mind Money Spectrum Podcast

#26. Practical advice on navigating a dysfunctional healthcare system.

June 09, 2020 Aaron Agte and Trishul Patel Season 1 Episode 26
The Mind Money Spectrum Podcast
#26. Practical advice on navigating a dysfunctional healthcare system.
Chapters
The Mind Money Spectrum Podcast
#26. Practical advice on navigating a dysfunctional healthcare system.
Jun 09, 2020 Season 1 Episode 26
Aaron Agte and Trishul Patel

In this episode, Aaron and Trishul discuss the American healthcare system. Over the last generation, U.S. healthcare costs have more than doubled compared to other developed nations, but we are not any happier or healthier. So where does all this money go? How did we get to our current system? And how do we even shop around if there is no price transparency? They share some evidence and a few anecdotes to help illustrate how inefficient the current system is. In the end, they highlight a few programs to help individuals and Trishul throws in an idea that could raise GDP by 1%.

Episode References

10 Administrators for Every U.S. Doctor
World Happiness Report
Life Expectancy by Country
Investing Forever - Rising Healthcare Costs
Risking Costs of Healthcare versus CPI
Countries with Universal Health Care
Universal Health Care
Health Expenditure Per Capita by Country
Health Spending in the U.S. Compared to Other Countries
Current Health Expenditure in the U.S. Per Capita
Medical Bankruptcy Killing the American Middle Class
The History of U.S. Employer-Provided Health Insurance
The Real Reason Why the U.S. Has Employer-Sponsored Health Insurance
Origins and Evolutions of Employer Health Benefits

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.

Show Notes

In this episode, Aaron and Trishul discuss the American healthcare system. Over the last generation, U.S. healthcare costs have more than doubled compared to other developed nations, but we are not any happier or healthier. So where does all this money go? How did we get to our current system? And how do we even shop around if there is no price transparency? They share some evidence and a few anecdotes to help illustrate how inefficient the current system is. In the end, they highlight a few programs to help individuals and Trishul throws in an idea that could raise GDP by 1%.

Episode References

10 Administrators for Every U.S. Doctor
World Happiness Report
Life Expectancy by Country
Investing Forever - Rising Healthcare Costs
Risking Costs of Healthcare versus CPI
Countries with Universal Health Care
Universal Health Care
Health Expenditure Per Capita by Country
Health Spending in the U.S. Compared to Other Countries
Current Health Expenditure in the U.S. Per Capita
Medical Bankruptcy Killing the American Middle Class
The History of U.S. Employer-Provided Health Insurance
The Real Reason Why the U.S. Has Employer-Sponsored Health Insurance
Origins and Evolutions of Employer Health Benefits

Podcast Description

Welcome to The Mind Money Spectrum Podcast where your hosts Aaron Agte and Trishul Patel go beyond traditional finance questions to help you explore how to use your money to achieve the freedom you want in life. Aaron is a Financial Planner from the Bay Area, and Trishul is a Wealth Manager on the East Coast. For more information about Aaron, check out GraystoneAdvisor.com. And for more information on Trishul check out InvestingForever.com. We thank you all for listening, and stay tuned for our latest episode on our website, MindMoneySpectrum.com.