Delay, Deny, Depose: Corporate Extraction in Healthcare and How Tokens Heal America

BUIDLSquad Stage

Impact & Public Goods

BUIDLHub

Feb 25, 2025

5:55 PM

Corporate extraction pillages America's healthcare system to the tune of 1.5 Trillion a year. It's all about how for profit insurance companies builds profit centers in the Pharmacy Benefits Managers and then push unknowing consumers away from care and towards being on medications for a life time. It's dark how involving profit incentives make us all sicker. Yet still, the profit incentive is powerful, we do after all produce over half of the world's medical innovation right here in the US. We will review that the healthcare system in America is full of well-meaning people on the ground, with a few bad apples at the top that drive greed and extract from millions. A simple way to heal the system is to keep it how it is, move corporations to cooperatives, reward cooperative members with token ownership when they use and/or are good to the system. If we are to be taken advantage of so that incentives can be made to drive innovation, then we had best own the thing that is taking advantage of us so that the profits created come back to sustain the community. driving the 1.5 Trillion that the insurance and pharmaceutical companies took from us last year back into supporting the community would drive the cost of healthcare down and eventually become so sustainable by using the yield from the insurance that we could build community owned free healthcare for all.

speakers

Micah Baylor - Opolis

Moderator

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