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FIX HEALTHCARE

All podcast episode summaries matching FIX HEALTHCARE โ€” aggregated across every podcast we track.

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Quotes & Clips tagged FIX HEALTHCARE

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Insurance companies prioritize monetizing disease over wellness

โ€œAnd the problem with the health care system is it's a sick care system that is monetizing chronic disease. And insurance companies are one of the key players in this. Insurance companies are not there to keep you healthy and prevent chronic disease. Insurance are there to manage medications and to monetize chronic disease.โ€

โ€” Brigham Buhler

PBMs artificially inflate drug costs for rebates

โ€œSo they go to the big pharmaceutical company like Lilly and they go, hey, instead of selling it for 150, sell it to us for 300, give us $150 rebate. The rebate stays at the middleman company. At the end of the year, the insurance company bills the employer for the 300 dollars.โ€

โ€” Brigham Buhler

Prescription rebates account for thirty percent of insurance revenue

โ€œSo roughly 30% of the revenue generated by the insurance companies, United, Cigna, Aetna, Blue Cross Blue Shield, who are multi-billion dollar conglomerates, these companies, 30% of the revenue comes from rebates on prescription drugs.โ€

โ€” Brigham Buhler

Proactive lab work is essential for health control

โ€œThe goal is to achieve wellness, not to treat chronic disease. Now I've gotten used to it, because it does, I do think it's encompassing of what we're trying to achieve. The goal is to achieve wellness, not to treat chronic disease.โ€

โ€” Brigham Buhler

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