PODCAST #48 – What is a Health Economist, and What In The Hell Do They Do?

IN THIS EPISODE: Health Economist Devon Herrick, Ph.D. discusses what health economics is really all about, and why – unlike the majority of his colleagues – he feels that a free market is the cure to what ails the American health care system today.

To learn more about Dr. Herrick, follow him on Twitter @Devon Herrick.

Physician. Health Insurance Agent. Author. Health care humorist. Medical satirist. Disruptor. At your service. My name is Kevin Wacasey, and I’ve been practicing medicine since 1994. When I graduated from medical school, I took an oath to do no harm to my patients. To me, that includes financial harm. But since health insurance took over health care over 40 years ago, health care prices have skyrocketed. And despite what we’re told by the media every day, it isn’t the costs of health care that are outrageous; it’s the charges. So if you’ve ever wondered why we spend so much on health insurance and health care, then come along and join me as I explore the crazy world of Healthcareonomics. Health care doesn’t have to be expensive. Let me show you how. For speaking opportunities and to pass along your questions/comments, please email me at drw@healthcareonomics.com.

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1 Comment

  1. diana shamlbin

    DR. Wacasey, Many many years ago I had an accident and was treated at the local ER. When I received got my copy (my health and welfare fund received their copy) of itemized bill. On that bill I was charged for an IV that the Nurse could not get in my arm and gave up. So I never received that medication. I called the hospital and told them about I had not received the medication. Their first reply was “we could not reuse that, since it had been opened”. In the end they removed that from my bill. Two points to take from this. We no longer get Itemized bills from any health care except maybe you local Primary care. Also they began a system of codes that the public can not cipher.
    They tell us this is stream line of paper work is for cost reductions and most people never read their itemized bills. But, they should receive them and read them or a lest ask if they want to. The removal of just one paper keeps us in the dark. I have not idea what Medicare and my Trust Fund is paying for and if I ever received that particular care or medication.
    I would love to get into trust funds, but will leave that for another time. Thank You

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