Lumida Wealth : Non-Consensus Invest Beyond the Ordinary Healthcare Stocks: Value Trap or Generational Buy?
Aug 15, 2025
Avik Roy, a noted policy analyst and co-founder of the Foundation for Research on Equal Opportunity, shares his insights on the healthcare sector's investment landscape. He discusses the rising costs post-COVID and the challenges posed by hospital oligopolies. The impact of AI on healthcare expenses takes center stage, along with a critique of Obamacare's successes and shortcomings. Roy also explores biotech investment intricacies and suggests Bitcoin could be a hedge against inflation, highlighting concerns about the U.S. dollar's stability.
AI Snips
Chapters
Books
Transcript
Episode notes
Design Flaws Explain Obamacare's Cost Problems
- Roy says the Affordable Care Act raised premiums via mandates while subsidies and mandates were poorly balanced.
- The result was healthier, higher-income people opting out and sicker enrollees concentrating risk and costs.
Three Steps To Curb Healthcare Spending
- Reduce delivery costs, target subsidies, and open supply to control healthcare spending without raising taxes.
- Means-test subsidies and encourage competition to lower prices and fiscal burden.
Transparency Fails Because Consumers Don’t Pay
- Roy explains lack of price transparency stems from third-party payment and employers buying insurance for employees.
- Consumers rarely shop for insurance, so market price signals and competition fail to discipline providers.
