Venkatesh Ramnath
👤 PersonAppearances Over Time
Podcast Appearances
I could take a stab at it. I'm not a health policy wonk, but I am a physician that has to deal with Medicare all the time. So Medicare, in sort of general terms, is a type of health insurance that is provided by the federal government. It is almost exclusively for individuals above the age of 65, as it dates back to the 1960s with Lyndon Johnson's Great Society program.
I could take a stab at it. I'm not a health policy wonk, but I am a physician that has to deal with Medicare all the time. So Medicare, in sort of general terms, is a type of health insurance that is provided by the federal government. It is almost exclusively for individuals above the age of 65, as it dates back to the 1960s with Lyndon Johnson's Great Society program.
I could take a stab at it. I'm not a health policy wonk, but I am a physician that has to deal with Medicare all the time. So Medicare, in sort of general terms, is a type of health insurance that is provided by the federal government. It is almost exclusively for individuals above the age of 65, as it dates back to the 1960s with Lyndon Johnson's Great Society program.
coverage for any individuals above that age such that all their medical services or products you know whatever they need for their health care is actually covered by the government this is the federal government now the interesting thing about medicare is that there are different parts to it there's part a which is primarily for some essential services and includes hospital care but
coverage for any individuals above that age such that all their medical services or products you know whatever they need for their health care is actually covered by the government this is the federal government now the interesting thing about medicare is that there are different parts to it there's part a which is primarily for some essential services and includes hospital care but
coverage for any individuals above that age such that all their medical services or products you know whatever they need for their health care is actually covered by the government this is the federal government now the interesting thing about medicare is that there are different parts to it there's part a which is primarily for some essential services and includes hospital care but
There's Part B, which includes whatever physicians' fees go into that health care. And then there's Part D, which relates to pharmaceutical prices, so your drug costs. It's not comprehensive in the sense that there's always something more that individuals need, but Medicare... for all intents and purposes, is the sort of standard, and it should cover most of an individual's needs.
There's Part B, which includes whatever physicians' fees go into that health care. And then there's Part D, which relates to pharmaceutical prices, so your drug costs. It's not comprehensive in the sense that there's always something more that individuals need, but Medicare... for all intents and purposes, is the sort of standard, and it should cover most of an individual's needs.
There's Part B, which includes whatever physicians' fees go into that health care. And then there's Part D, which relates to pharmaceutical prices, so your drug costs. It's not comprehensive in the sense that there's always something more that individuals need, but Medicare... for all intents and purposes, is the sort of standard, and it should cover most of an individual's needs.
Now, that said, the commercial payers, that is the other insurance companies that are not federally government-sponsored, take their lead from Medicare. So a lot of the different payment rates
Now, that said, the commercial payers, that is the other insurance companies that are not federally government-sponsored, take their lead from Medicare. So a lot of the different payment rates
Now, that said, the commercial payers, that is the other insurance companies that are not federally government-sponsored, take their lead from Medicare. So a lot of the different payment rates
or coverages and services, they all look to what the centers of Medicare and Medicaid services dictate as far as what is an acceptable reimbursement rate, what are the rules around what should be covered and what should not. So that's why Medicare is such an important entity for the United States.
or coverages and services, they all look to what the centers of Medicare and Medicaid services dictate as far as what is an acceptable reimbursement rate, what are the rules around what should be covered and what should not. So that's why Medicare is such an important entity for the United States.
or coverages and services, they all look to what the centers of Medicare and Medicaid services dictate as far as what is an acceptable reimbursement rate, what are the rules around what should be covered and what should not. So that's why Medicare is such an important entity for the United States.
Let me add to that. So, you know, telemedicine has been around for a very long time, at least technically speaking, right? I mean, you can go back to the 1970s, even when you talk about the intensive care unit, which is where the sickest people in the hospital are. There are studies that come out of the 1970s.
Let me add to that. So, you know, telemedicine has been around for a very long time, at least technically speaking, right? I mean, you can go back to the 1970s, even when you talk about the intensive care unit, which is where the sickest people in the hospital are. There are studies that come out of the 1970s.
Let me add to that. So, you know, telemedicine has been around for a very long time, at least technically speaking, right? I mean, you can go back to the 1970s, even when you talk about the intensive care unit, which is where the sickest people in the hospital are. There are studies that come out of the 1970s.
However, ever since people have had iPhones and been on Airbnb and everything else since 2007, that inflection point actually had a wave of opportunity that washed right into medicine. And as Kaveh is saying, we have such a fragmented healthcare system
However, ever since people have had iPhones and been on Airbnb and everything else since 2007, that inflection point actually had a wave of opportunity that washed right into medicine. And as Kaveh is saying, we have such a fragmented healthcare system