Treating More People for Less: Untapped Potential in Health Economics | Young Sheng | TEDxJeffersonU скачать в хорошем качестве

Treating More People for Less: Untapped Potential in Health Economics | Young Sheng | TEDxJeffersonU

How much should healthcare cost for Americans? The tragic reality is that for some people, the cost is their life. The lack of health insurance leads to delayed care and preventable deaths in the United States. Young Sheng, a health economics and public health expert on the path to becoming a doctor, tackles this question head-on. Unraveling the intricacies of healthcare economics, Young explains the unfortunate truth that traditional economics often prioritizes money over patient well-being, unveiling the complex factors contributing to exorbitant costs. However, he introduces a compelling argument for a shift to public health economics, emphasizing scalability as a key factor. By dismantling the monopoly-like structure in healthcare, he envisions a system that can save lives and cut costs. Throughout, he highlights the innate altruism in healthcare workers, challenging the notion that profit is the sole motivator for innovation. Young's talk encourages the audience to question the current healthcare paradigm, advocating for a more affordable, patient-centric public healthcare system. Young Sheng is an MD/MPH student at Thomas Jefferson University who intends to specialize in ophthalmology. He majored in Economics at Princeton University, where his senior thesis analyzed whether Affordable Care Act Medicaid expansions impacted opioid prescribing rates. Young's passions lay in bridging the gap between mainstream health economic policy-making and the patient-centered realities that healthcare providers stand witness to on a daily basis. He has founded several campaigns and initiatives at Jefferson including a peer-based health economic education group, a campaign that encourages Philadelphia nonprofits to contribute their tax exemptions toward cleaning toxic lead and asbestos out of underfunded public schools, and a financial advocacy initiative that will help eliminate patient hospital debt through free charity care navigation services.Young's talk will integrate health economic principles with a comparison of public and privatized healthcare, with the aim of promoting a health economic language that centers the universal care and wellbeing of patients. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx