Medicare, every mention
21 scenes · ← back to Medicare
tap a year for its mentions
every year anyone Ben Gilbert 15David Rosenthal 6
Verbatim, from the transcripts: the passages where Medicare comes up
Epic Systems (MyChart) · Acquired
- ▶ 20:51 Ben Gilbert We're gonna catch up to Medicare here, but in 1942, America is at war.
- ▶ 23:41 David Rosenthal And then, of course, that takes us to 1965 and Medicare and Medicaid because the big policy question is now, what do you do about all the people who don't have jobs?
- ▶ 24:04 Ben Gilbert Medicare and Medicaid enter the picture as a part of the Social Security Act.
- ▶ 24:35 Ben Gilbert So the compromise is we will create Medicare for those over 65 and Medicaid if you have a low income or other special situations.
- ▶ 24:44 Ben Gilbert And we can't really fund either exactly right, so we'll sort of figure out how to fund Medicare out of the federal government, and Medicaid, let's make that the state's responsibility.
- ▶ 25:11 Ben Gilbert Medicare or Medicaid if you sort of fall outside those buckets.
- ▶ 25:23 Ben Gilbert Those costs are so laundered through private insurance companies and Medicare and Medicaid that most people think about any given health encounter as being paid for by someone else, by a part of some system.
- ▶ 28:37 David Rosenthal Of that set of payers, Medicare and Medicaid are the big gorillas because they're covering the elderly population who are consuming the vast majority of care and the vast majority of complicated care and expensive care in the country.
- ▶ 28:52 David Rosenthal Here we are in 1966, the year after Medicare, Medicaid get created by the government, and there's this existential reason now for healthcare to adopt systematized records, and so a group, once again, at Massachusetts General Hospital in…
- ▶ 1:01:47 David Rosenthal Kind of similar to Medicare is your most important payer relationship because old people is where the most complex, most expensive care is happening.
- ▶ 1:11:08 David Rosenthal But importantly, they do also need to work with and interface with Medicare as they have their own Medicare Advantage plan, and so for their older patients, customers, once they get older, they transition to Medicare Advantage through…
- ▶ 3:46:51 Ben Gilbert If you don't function correctly, oh, you get your Medicare, Medicaid subsidies crushed for violating, you know, meaningful use stuff.
Novo Nordisk (Ozempic) · Acquired
- ▶ 2:29:38 David Rosenthal Great, I'm gonna offload all that onto Medicare.
- ▶ 2:30:09 Ben Gilbert So let's talk about Medicare.
- ▶ 2:30:19 Ben Gilbert But let's talk about Medicare.
- ▶ 2:30:20 Ben Gilbert So Medicare is through the U.S. federal government.
- ▶ 2:30:32 Ben Gilbert And so a while back, which was actually not that long ago, just like 20 years ago, Medicare did not cover prescription drugs at all.
- ▶ 2:30:44 Ben Gilbert It allowed Medicare to cover drugs, not just hospital and doctor visits, which was Part A and Part B.
- ▶ 2:31:56 Ben Gilbert So what is so interesting about Medicare is that we will all end up on it one day when we retire and we get off of our private insurance.
- ▶ 2:33:09 Ben Gilbert And taking the sort of moral thing aside of, like, does everyone deserve a miracle drug if it exists, even if there is no economics around it, it might just be ROI positive for Medicare to do this if everyone's gonna need knee replacements…
- ▶ 2:34:24 Ben Gilbert So, insurance companies, employers, Medicare, they literally don't have the budget right now to fund all the demand for these drugs.