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The Michael Berry Show

PM Show Hr 2 | The Allocation of Scarce Medical Resources with Charles Silver

The Michael Berry Show

KTRH

Politics, News, Society & Culture

4.82.3K Ratings

🗓️ 3 January 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

it's that time time time lock and load the michael verry show is on the air Professor Charles Silver is our guest.

0:26.0

He's a professor at the University of Texas School of Law,

0:29.5

which I happen to believe is fantastic because I'm a graduate of same.

0:34.5

His book is overcharged.

0:36.8

Why Americans pay too much for health care uh you mentioned that the

0:41.4

problem began with medicare medicate in the 60s part of linden johnson's great society which

0:48.3

turned out not to be it was 2.0 of fDRs taking over of the American economy, and it's hard to strip that back out of life.

1:00.5

When Medicare got involved, so my dad's 84, my mom recently passed, and I go in and review every expense, everything that comes in and all that, this whole Medicare thing, I have a show sponsor called Senior Health Services.com, and he

1:16.7

and his team help people who are trying to navigate Medicare.

1:21.8

And every day I get someone who emails me and says, can you connect me with them?

1:25.6

And I forward it.

1:26.6

And sometimes I stay involved for a little while just to see, you know,

1:29.3

kind of what they're working through.

1:31.3

It's amazing to people that all of a sudden, I guess when you turn 65, you're getting robocalls

1:36.2

and junk mail and all this Medicare, Medicare, Medicare, and people had no idea.

1:40.0

Now all of a sudden, I've been, you know, dumped into the Medicare playground and I don't know why.

1:48.6

How does this even work?

1:51.0

Well, not too well.

1:53.3

I just recently hit that age myself, so I can sympathize with those whose mailbox are crammed with Medicare Advantage flyers and things of that sort. I'm sick of seeing them. And I'm not even using Medicare. I'm still working, so I'm staying on my employer's health care system or health care insurance, although that is very expensive and far too comprehensive.

2:27.1

You know, it's because of the mandates regarding what employer-sponsored coverage has to include that I wind up paying, you know, way too much.

2:30.3

Everybody does pay way too much for insurance.

2:37.4

But, you know, Medicare, what can I say? It's a program that was designed to succeed by massively inflating the deficit. You know, everybody thinks that Medicare is something that you

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