Health:Further 104 - Dr. Oz as Trump's Pick for CMS | A Game-Changer or Controversial Move?
Nov 23, 2024
The podcast dives into the significant appointment of Dr. Oz to lead the Centers for Medicare and Medicaid Services and its potential implications for healthcare. It discusses breakthrough funding in healthcare initiatives, like TaylorMed's medical cost assistance and the rise of wearable tech. The ongoing Medicare funding crisis at Pontiac General Hospital is highlighted, along with the impact of labor costs on healthcare budgets. Additionally, the complexities surrounding the 340B drug discount program and the future of AI in healthcare are explored.
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Rate Cut Outlook
- Fed Chair Jerome Powell suggests the economy's strength lessens the urgency for interest rate cuts.
- He telegraphed that cuts might not happen in December, changing from previous meeting trends.
Persistent Rent Inflation
- Rent inflation, a sticky economic factor due to lease durations, is predicted to persist until 2026.
- This stickiness is due to how rent is calculated, impacting the Consumer Price Index (CPI) and influencing inflation.
Medical Cost Assistance
- TailorMed connects patients with existing financial assistance programs for medical bills.
- This service addresses a major cause of personal bankruptcy, offering payment options or assistance program connections.
