Berkshire Hathaway Chairman and CEO Warren Buffett and Berkshire Hathaway Vice Chairman Charlie Munger discuss health care in the U.S.
Пікірлер: 32
@elvinaltagracia6 жыл бұрын
One of the greatest thinkers of this generation!
@bobs1825 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?
@bobs1823 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.
@Bmayo276 жыл бұрын
Munger is right.
@bobs1825 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.
@AHHUAT26 жыл бұрын
US healthcare problem is simply excessive medical expenditures. The huge healthcare insurance bills would eventually creeps up to the next generation.
@maldonado26347 жыл бұрын
thanks always your #1fan
@amdistant55473 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.
@cromoa762 жыл бұрын
2:13 priceless
@richierich73612 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_BY6 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.
@narumoljongsawat81997 жыл бұрын
Rate flat in use open re does in market use redoing cost to drop.
@TB1M14 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.
@Sills715 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-so1cf5 жыл бұрын
Sills71 Gates can spend his money however he sees fit.
@fvenf2kbl1xdwxz305 жыл бұрын
Gates is there for fun.
@iFreeThink3 жыл бұрын
Better off eating for diabetes.
@iFreeThink3 жыл бұрын
Non-determined graduates.
@joevillaflores12985 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...
@markcarson51185 жыл бұрын
What do billionaires know about health care they have someone to wipe there backside.
@relobmit6 жыл бұрын
Bill Gates isn't fit to lace up Warren Buffett's shoes.
@PINGPONGROCKSBRAH6 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.
@hankschrader70502 жыл бұрын
Im glad that we have anonymous comment section boy here to teach us which clinical geniuses are better than others.