Episode 116: Unmasking Healthcare: Real Doc Speaks on Insurance, Private Equity, and Patient Challenges

In this new episode of The Path to Wellth, Real Doc Speaks, a dedicated physician and co-founder of Physicians for Responsible Government (PRG) in Wisconsin, discusses the medical and insurance landscape from a doctor's perspective. He highlights how insurance and the healthcare system can exploit patients and affect their wealth. He also discusses the role of private equity in healthcare and the challenges patients face in making informed decisions about their care.

Connect with Real Doc Speaks on Twitter https://x.com/realdocspeaks


Enjoy this episode on your favorite podcast platform

✅ Apple → https://podcasts.apple.com/gb/podcast/episode-116-unmasking-healthcare-real-doc-speaks-on/id1625806145?i=1000663443414
✅ Youtube → https://youtu.be/B9XwtBcbvFo


Let’s Stay Connected

✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/



Time Stamps

00:00 The Evolution of the Healthcare System
01:17 The Impact of the Affordable Care Act
02:12 Manipulating the Medical Loss Ratio
04:10 The Role of Private Equity in Healthcare
13:46 Challenges in Making Informed Decisions
20:15 The Importance of Precise Surgical Decisions
24:15 Making Financially Sound Decisions for Surgeries
27:07 Navigating the Complexities of the US Healthcare System
41:50 The Role of Technology in Revolutionizing Healthcare
45:13 The Importance of Patient Advocacy and Ownership in Healthcare


Sound Bites

"Where is the insurance taking advantage of us? And where is the medical system taking advantage of us?"

"The medical loss ratio is a rule that says that an insurance company must spend anywhere between 80 to 85% of the premium on patient care."

"Private equity rolled up into that. Private equity also has bought a lot of hospitals and rolled those up."


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