This lecture given by Dr. Doug McGuff is one of the most informative overviews of how we got into our current healthcare mess, the effects of Obamacare, and how to avoid being sucked into this medical abyss that I have ever seen. While it is somewhat lengthy (coming in at a little over an hour long), it is still a must-watch. While economics is often condemned as involving a decision-making process in the pursuit of only profit, Dr. McGuff explains that 1.) there is nothing ‘capitalistic’ about our medical system; and 2.) that doctor’s are faced without enormous non-monetary incentives that lead them make decisions that may not be in the patients best long-term interests. It is not the fault of individual doctors themselves, but the creation of a top-down medical system continues to create problems that are only exacerbated over time.
Watch this video. As Dr. McGuff explains, everyone’s best path is to avoid the healthcare morass is to “stay out of the belly of the beast”. Lifestyle choices are ours and ours alone.