Ed
👤 PersonAppearances Over Time
Podcast Appearances
Never underestimate the power of lobbying and what it can do for your stock price. So I look at what's happening with UnitedHealth. I see this as a company-specific problem. They're dealing with internal issues. They have the PR crisis with the shooting of the CEO a few months ago. They're also uniquely exposed to Medicare and these higher costs that are coming with it.
So to me, this is a united health problem, not a healthcare problem.
So to me, this is a united health problem, not a healthcare problem.
So to me, this is a united health problem, not a healthcare problem.
But again, it's just, it's company. And this is sort of my point. It's like UnitedHealth has its own set of problems that they're dealing with. One of them being one of the executives of their company got murdered.
But again, it's just, it's company. And this is sort of my point. It's like UnitedHealth has its own set of problems that they're dealing with. One of them being one of the executives of their company got murdered.
But again, it's just, it's company. And this is sort of my point. It's like UnitedHealth has its own set of problems that they're dealing with. One of them being one of the executives of their company got murdered.
plus the fact that their business is very much tied to Medicare, and what they're dealing with right now is that there are all these old people who didn't get these treatments that they were thinking of getting during COVID, and suddenly they all come now, and they need knee replacements and hip replacements, etc.,
plus the fact that their business is very much tied to Medicare, and what they're dealing with right now is that there are all these old people who didn't get these treatments that they were thinking of getting during COVID, and suddenly they all come now, and they need knee replacements and hip replacements, etc.,
plus the fact that their business is very much tied to Medicare, and what they're dealing with right now is that there are all these old people who didn't get these treatments that they were thinking of getting during COVID, and suddenly they all come now, and they need knee replacements and hip replacements, etc.,
And this is a problem for United Health because now they have to actually pay for those treatments before they were barely paying for treatments and then still collecting all the insurance. So that's the United Health specific problem. And now you have this investigation. But I think the things that you get out there are important. And I think the question is, how do you fix it?
And this is a problem for United Health because now they have to actually pay for those treatments before they were barely paying for treatments and then still collecting all the insurance. So that's the United Health specific problem. And now you have this investigation. But I think the things that you get out there are important. And I think the question is, how do you fix it?
And this is a problem for United Health because now they have to actually pay for those treatments before they were barely paying for treatments and then still collecting all the insurance. So that's the United Health specific problem. And now you have this investigation. But I think the things that you get out there are important. And I think the question is, how do you fix it?
And the only way you really fix it right now, it's about getting the cost of drugs down. And the most obvious way you do that is you increase price transparency and you create laws that force these companies and these PBMs to publish what the price is. You wrote a really good, Your No Mercy this week is really good. I read it.
And the only way you really fix it right now, it's about getting the cost of drugs down. And the most obvious way you do that is you increase price transparency and you create laws that force these companies and these PBMs to publish what the price is. You wrote a really good, Your No Mercy this week is really good. I read it.
And the only way you really fix it right now, it's about getting the cost of drugs down. And the most obvious way you do that is you increase price transparency and you create laws that force these companies and these PBMs to publish what the price is. You wrote a really good, Your No Mercy this week is really good. I read it.
And you cite this presentation by this guy, Brian Lawrence, where he basically says that health insurance today, it's akin to using auto insurance to buy gasoline. Like, it doesn't make any sense that we don't even know what we're paying for when we sign up for these treatments until after the fact, and we can never figure out what these medical bills are.
And you cite this presentation by this guy, Brian Lawrence, where he basically says that health insurance today, it's akin to using auto insurance to buy gasoline. Like, it doesn't make any sense that we don't even know what we're paying for when we sign up for these treatments until after the fact, and we can never figure out what these medical bills are.
And you cite this presentation by this guy, Brian Lawrence, where he basically says that health insurance today, it's akin to using auto insurance to buy gasoline. Like, it doesn't make any sense that we don't even know what we're paying for when we sign up for these treatments until after the fact, and we can never figure out what these medical bills are.
So we need more price transparency, which, by the way, Biden worked on, and actually Trump worked on a little bit too, but we haven't really seen that come to any fruition. And then we need Medicare to be able to have the ability to negotiate on prices, which is what every other country has, and we don't have it for some reason. Again, Biden...