The U.S. healthcare system is a puzzle for many.

To fix it, we need smarter discussions and a deeper understanding of both the industry and the policies that shape it.

In this episode, host John Stanford talks to healthcare policy expert Brian Reid, Principal at Reid Strategic and author of the Cost Curve newsletter, to discuss the challenges of fixing the incentives that have led to a broken healthcare system.

We also discuss:

• How the healthcare debate often overlooks the needs of patients, focusing instead on assigning blame to various system stakeholders.
• The potential consequences price controls could have on pharmaceutical innovation (particularly for small molecules and cancer treatments).
• Why the current healthcare environment discourages companies from investing in long-term R&D, particularly in drug types that primarily benefit the elderly.