The $1 Trillion Medical Debt Crisis in the U.S. & How to Fix It - RIP Medical Debt, Robert Goff
Robert Goff explains the $1 trillion medical debt crisis in the United States and how to avoid expensive medical bills by understanding your insurance policy and asking your health care providers the right questions.
0:00 Introducing Robert Goff
0:41 $1 trillion in consumer medical debt in U.S.
2:29 Vast majority have a deductible of $1,000-$2000
3:04 Explanation of coinsurance
5:01 Physicians are separately contracted from the hospitals
8:15 Hospital labs can cost far more than private labs
10:03 Do you recommend medical savings accounts?
11:07 Share concern about costs with your physician
13:11 Demand transparency of costs
17:02 Focus on interventions to avoid costly hospitalization
18:16 Ripmedicaldebt.org is a charity that has abolished $2 billion of consumer medical debt
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#medicaldebt #healthcaresystem #healthcarecosts
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