Stranded Technologies Podcast cover image

Stranded Technologies Podcast

Ep. 65: "Most Drugs Are Bad for You" - Robin Hanson & Sebastian Brunemeier Return, The Crisis of Health Outcomes, Sclerosis of Science and Special Jurisdictions as Solutions

Sep 14, 2023
Sebastian Brunemeier and Robin Hanson discuss the disappointing outcomes of the healthcare market and the hidden motives behind it. They explore the misallocation of capital in the pharma-industrial complex and regulatory monopoly. The podcast also highlights the potential of special jurisdictions and medical tourism. They propose implementing groundbreaking ideas such as life insurance coupled with healthcare. The chapters cover topics like the limitations of medicine, misaligned incentives in healthcare, trust in doctors, starting a new insurance company, putting control in the hands of the patient, and advancements in society, healthcare, and longevity biotech.
01:14:03

Podcast summary created with Snipd AI

Quick takeaways

  • Merging health and life insurance can create a system where insurance companies are incentivized to provide quality care.
  • Separating the roles of diagnosis and treatment empowers patients and promotes competition in the healthcare system.

Deep dives

Merging Health and Life Insurance: A Solution for Incentivizing Quality Care

By merging health and life insurance, we can create a system where insurance companies have a renewed risk incentive to care for patients. The idea is that when bad things happen to patients, it also affects the financial well-being of the insurance companies. Life insurance, disability insurance, and pain insurance can all be bundled together to align the incentives of the insurance company with the health outcomes of the patient. This would allow the insurance company to make cost-benefit decisions when it comes to treatments, ensuring that the treatment choices are in the best interest of the patient. There are challenges such as regulatory obstacles and getting insurance companies to adopt this new approach, but by starting with a group of willing customers and advocating for change in the insurance industry, we can work towards a healthcare system where the incentives are aligned with providing quality care.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode