Episode 4: What's the Main Reason Driving Healthcare Costs? Dr. Ge Bai of Johns Hopkins

In this episode, I speak with Dr. Ge Bai on what drives healthcare costs in the US. She had some surprising insights to share. Ge Bai, PhD, CPA is a Professor of Accounting at Johns Hopkins Carey Business School and Professor of Health Policy & Management at Johns Hopkins Bloomberg School of Public Health. An expert on health care accounting, finance, and policy, Dr. Bai has testified before House Ways and Means Committee, written for the Wall Street Journal and the Washington Post, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, and Health Affairs.United States is going to spend over 6.8 Trillion dollars a year on healthcare by 2030. Almost 90% of employers think the cost of providing health benefits would be unsustainable in the next five to 10 years. Meanwhile, Americans have the highest maternal and infant mortality, the lowest life expectancy at birth, and the highest death rates for avoidable or treatable conditions among high-income countries. At Pequot Health Care, we work with innovative brokers, consultants, and employers who have had enough. Our mission at Pequot Health Care is to help people get Better Value Health. Through our independent Third Party Administration service along with our independent and truly transparent clinical pharmacy service, we help you bring down the giant costs- of diseases and of drugs. Visit us at pequothealthcare.com and let us talk about your wishes and ideas for Better Value Health.