
Brigham Buhler: UnitedHealthcare CEO Assassination, & the Mass Monetization of Chronic Illness
Podcast Notes Playlist: Fitness
Key Takeaways
- “The corporate capture of our institutions is the real cause of the chronic disease crisis that we’re facing.” – Brigham ButlerRoughly 30% of the cost of every prescription drug is because of the kickback that goes to a PBM; the drugmaker pays the Pharmacy Benefit Manager (PBM) the kickback in order to be placed on the preferred contract with the insurance company The drugs that get put on formulary do not have to do with efficacy or what is best for the patient; instead, it is about which drugs have the biggest kickbacks for PBMs America’s healthcare system in a trainwreck: The US makes up for ~60% of the pharma industry, but is ranked 40th overall in healthcare outcomesSurgical procedures are loss-leaders; the industry would rather have you on prescription drugs, because then the PBMs get kickbacks Show me the incentives and I’ll show you the outcomes: Since there is so much money being made off “treating” chronic disease, there is no incentive to cure chronic disease The three pillars of the chronic disease crisis: (1) Big Pharma (2) The food industry and (3) The insurance industry They do not want to treat preventative: Health insurance companies are incentivized to keep people from discovering if they have a catastrophic illness; this is why they do not allow you to easily get comprehensive blood work The quarterly-profit cycle that publicly-traded insurance companies operate on incentivizes them to delay or deny expenditures, such as paying for a patient’s surgery, as much as possible Focusing on preventing metabolic disease will indirectly cure all of the chronic diseases that are killing so many Americans Getting rid of the PBMs will remove a huge profit center for the insurance companies; this takes away the incentive to get and keep patients on prescription drugs “This is not a Republican issue. This is not a Democrat issue. This is a humanity issue.” – Brigham Buhler on the chronic disease crisis
Read the full notes @ podcastnotes.org
An unhealthy, over-medicated country means record profits for insurance companies. Brigham Buhler explains how they work to keep us sick and monetize chronic illness.
(00:00) The Assassination of the UnitedHealthcare CEO
(13:32) The Opioid Crisis Could Have Been Prevented
(30:28) Monetizing Your Chronic Illness
(35:00) How Health Insurance Companies Are Scamming You
(54:18) How They Profit Off of Cancer
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