Ralph welcomes clinical professor and independent health consultant, Dr. Fred Hyde, to give us the lowdown on how the Medicare Advantage program mainly benefits the private insurance companies that participate, not the consumers. Plus Ralph answers more listener questions!
Dr. Fred Hyde is a consultant to hospitals, medical schools and physicians, as well as to unions, community groups and others interested in the health of hospitals, health care facilities and organizations. Dr. Hyde is also the publisher of a daily health policy newsletter called DCMedical News.
“The American business model, which has made our economy so large is that we spend money we don’t have for things we don’t need… Healthcare exemplifies that model… What we need is access to doctors, who are capable of caring for us without becoming mini-bureaucrats at the same time and hospitals that are capable of accommodating what those doctors need to do. We have a lot more. And we don’t need, quite frankly, all that we are paying for.”
Dr. Fred Hyde, clinical professor and independent health consultant