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Dr. Keith Smith: Redefining Healthcare through Capitalism

Dr. Keith Smith: Redefining Healthcare through Capitalism

FromTruth with Vivek Ramaswamy


Dr. Keith Smith: Redefining Healthcare through Capitalism

FromTruth with Vivek Ramaswamy

ratings:
Length:
20 minutes
Released:
Jun 12, 2023
Format:
Podcast episode

Description

In this episode, Vivek Ramaswamy hosts Dr. Keith Smith, who elaborates on the concept of affordable healthcare provision by circumventing traditional insurance and government interventions. He emphasizes the benefits of capitalism in the healthcare industry, highlighting the way his practice provides affordable, quality services, charging a fraction of the traditional hospital costs while remaining profitable. This practice has garnered attention from patients nationwide and beyond. Furthermore, Dr. Smith sheds light on the burgeoning wave of free market alternatives within healthcare, with more medical professionals and institutions adopting this model. He provides insight into his innovative transparent pricing model which disrupts traditional insurance industry norms, with many patients finding his all-inclusive prices financially advantageous. He also touches on the growth of cost-sharing ministries as a plausible alternative to traditional insurance. Lastly, Dr. Smith passionately advocates for the repeal of government laws and regulations that skew the market in favor of industry insiders, leading to distortions that affect the delivery of healthcare services.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy-- Time-codes: 00:00:30: Vivek Ramaswamy highlights the humaneness and efficiency of capitalism in resource allocation.00:00:59: Ramaswamy introduces the special guest, Dr. Keith Smith, applauding his innovative healthcare provision model.00:02:31: Dr. Smith expounds on how his practice sustains profitability while charging significantly less than traditional hospitals.00:05:34: Dr. Smith mentions his practice's far-reaching influence, attracting patients from all over the country and Canada.00:06:49: The discussion reveals a growing trend in healthcare towards free market alternatives.00:08:36: Dr. Smith explains the disruptive influence of his transparent pricing model on insurance company profiteering.00:09:21: Dr. Smith highlights that for many patients, his all-inclusive prices are less than their insurance deductibles.00:10:47: A discussion on the growth and advantages of cost-sharing ministries as an alternative to traditional insurance.00:15:30: Dr. Smith criticizes numerous laws and regulations that have been passed to the advantage of healthcare industry insiders, causing market distortions.00:16:20: He further elaborates on the negative impact of Medicare overpaying hospitals and doctors, leading to limited choices, reduced competition, and hampered innovation.
Released:
Jun 12, 2023
Format:
Podcast episode

Titles in the series (66)

Vivek Ramaswamy, a product of the American Dream, shares his journey from being a nerdy kid to becoming a biotech entrepreneur and founder of multi-billion-dollar companies. He faced challenges, but never saw hardship as victimhood. Instead, he found opportunities in adversity. After creating successful biotech companies that developed life-saving drugs, Vivek turned his attention to the rise of the ""woke cult"" and woke capitalism, writing best-selling books on these subjects. Ramaswamy decided to take action and founded Strive Asset Management to compete with ESG-pushing asset management firms, urging companies to focus on making products and services for profit. Realizing the need for a cultural revival in America, he decided to run for US president. He aims to lead, not follow, and plans to use his podcast to open up the Overton window to discuss ideas that are currently seen as taboo, with the hope that these ideas will become mainstream in the future.