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EP33: Healthcare’s Cost vs Quality – Where are we? (Part 1 of 2)

Roughly 20% of US GDP is rooted in healthcare. Which is why it is such a topic of controversy? Trisha’s guest today is Vini Singh, an assistant professor in the Department of Resource Economics at the University of Massachusetts Amherst. In part 1 of the interview, Vini and Trisha discuss the current cost and quality of healthcare in the United States as compared to other developed countries. They also examine the current state of the ACA and how the US can improve the quality of care and reduce the costs of healthcare!

In this episode, we talk about…

  • Current statistics of healthcare in the US
  • Reasons that the quality of US healthcare is not better than countries that spend less
  • Breaking down the concept of under-insurance
  • The trickle-down effects of those that are under-insured
  • Parts of the healthcare system that are working to reduce costs
  • How the ACA operates and what impacts it makes
  • The need for regulation in healthcare

Links to resources:

Vini Singh: Website

Contact Information:

Manasvini Singh, PhD

Assistant Professor Resource Economics

University of Massachusetts – Amherst

Webinar Link:

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