EPISODE 377: Medical-Industrial Complex

The American life expectancy is currently 79, which sounds great until you realize that is the 26th in line worldwide. Despite being one of the most developed and wealthy nations in the world, the US system is not only ridiculously overpriced (at least 2x), it’s also ineffective. It’s a double fail with upstream and downstream effects that are impossible to even begin to quantify. This wonky system was built post World War II with financial incentives going to everyone except the average citizen, and while no one has a clear cut solution, everyone agrees that things must change.

My guest on the show is a medical doctor and industry insider-turned-whistle blower, and his insights provide an optimistic 10+ year outlook for change.

What You’ll Learn:

  • How the medical industry has 4x the number of lobbyists than the military
  • Why the US medical system is about 2x overpriced
  • How Germany, Canada, and the Scandanavian countries all seem to do it better
  • How spending on medical care is on track to reach 20% of GDP by 2026

ABOUT OUR GUEST

Mike Magee is on faculty at Presidents College at the University of Hartford. He has worked as a doctor, a university medical school administrator, a hospital executive, and head of global medical affairs for Pfizer. He’s the author of the book Code Blue: Inside America’s Medical-Industrial Complex available on Amazon.

Nutritional Tip of the Week:

  • Choose Seafood

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