Berkshire’s Charlie Munger talks health care

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7 жыл бұрын

Berkshire Hathaway Chairman and CEO Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger discuss health care in the U.S.

Пікірлер: 32

@elvinaltagracia 6 жыл бұрын

One of the greatest thinkers of this generation!

@bobs182 5 жыл бұрын

As a generalization, when you go into the hospital and have a $100,000 bill, if you have medicaid they pay 10K, if you have medicare they pay 30k, if you have insurance they pay 50k, and if you have no insurance, you file bankruptcy. Guess who pays for the person without insurance?

@bobs182 3 жыл бұрын

@Epic T If you are injured such as an accident hospitals have to give you emergency treatment. Sometimes people can get other treatments then try to pay for them or stop working and get Medicaid but basically you go without medical care without insurance. On the other hand with insurance you can be run through the mill with unnecessary tests and procedures/surgeries which is one of the reasons US healthcare is the most expensive in the world. Doctors spend too much time running their business instead of caring for patients.

@Bmayo27 6 жыл бұрын

Munger is right.

@bobs182 5 жыл бұрын

Bmay27, yes, I have been harmed 4 times from unnecessary procedures/surgeries by trusting doctors. Our system harms people by the medical mill generating income producing procedures, drugs, services, etc. I have a healthy fear of the medical profession as I no longer think of going to the doctor for most medical problems.

@AHHUAT2 6 жыл бұрын

US healthcare problem is simply excessive medical expenditures. The huge healthcare insurance bills would eventually creeps up to the next generation.

@maldonado2634 7 жыл бұрын

thanks always your #1fan

@amdistant5547 3 жыл бұрын

I can tell you being in healthcare that Munger is spot on. The amount of 80/90 year olds that are "barely breathing" and getting things done to them for the sake of "extra billing" is quite frankly immoral.

@cromoa76 2 жыл бұрын

2:13 priceless

@richierich7361 2 жыл бұрын

Great guy.

@carlcisc1706 Жыл бұрын

Neither of these men would tolerate anything but top medical treatment. He is right people need to stop expensive treatment when they get their age.

@FORTHEBY_BY 6 жыл бұрын

Chemo sucks. I’d never do it. Most people feel even more sick and never get well. It depends on the type of cancer.

@narumoljongsawat8199 7 жыл бұрын

Rate flat in use open re does in market use redoing cost to drop.

@TB1M1 4 жыл бұрын

For most cancers successful treatment means you live past 5 years, I wouldn't call that a success. If you survive 30 years with breast cancer and die of breast cancer is that a cure. It is only if you live to 80-85 minimum and don't die of the breast cancer or metastases.

@Sills71 5 жыл бұрын

Gates should spend more of the money his foundation (Buffet is giving almost all his money to this foundation) in the USA, now the Gates Foundation spends 85% OUTSIDE of the USA.

@CM-so1cf 5 жыл бұрын

Sills71 Gates can spend his money however he sees fit.

@fvenf2kbl1xdwxz30 5 жыл бұрын

Gates is there for fun.

@iFreeThink 3 жыл бұрын

Better off eating for diabetes.

@iFreeThink 3 жыл бұрын

Non-determined graduates.

@joevillaflores1298 5 жыл бұрын

i don't think they are the right people to ask to speak for someone can't afford healthcare for the sick... these people have hospitals following them in their mansions, and politician throwing whatever morals that they have to please them... Yes, they are the pioneer in business or intelligence whatsoever... But I really doubt if they are the pioneer of dealing with the needy... even with all those foundation or jobs their company create whatsoever, they are still outside looking in, never experience hunger or homelessness or minimum wage...

@markcarson5118 5 жыл бұрын

What do billionaires know about health care they have someone to wipe there backside.

@relobmit 6 жыл бұрын

Bill Gates isn't fit to lace up Warren Buffett's shoes.

@PINGPONGROCKSBRAH 6 жыл бұрын

Gates has done such a good job on global health that Warren Buffet donated $30 billion to his foundation. You're talking about one of the best investors of all time deciding that the best investment for $30 billion was Gates's foundation.

@hankschrader7050 2 жыл бұрын

Im glad that we have anonymous comment section boy here to teach us which clinical geniuses are better than others.

@maldonado2634 7 жыл бұрын

thanks always your #1fan