
Bruce Wellman
Retired pathologist and former CEO of Carle Physician Group at Carle Health, Urbana, Illinois.
2
APPEARANCES
2
PODCASTS
012
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Sep 23, 2026
Rethinking the Future of Healthcare Delivery
6:25
6:43
6:54
7:01

Bruce WellmanGUEST
We basically have $5 trillion annual spending in US healthcare, about $27,000 per family versus $7,000 When we look at comparable advanced markets, like in Europe and Australia, 7,000 is the average for annual cost.

Bruce WellmanGUEST
In private insurance, in our case, we have a very difficult, complicated system of pricing where the consumers don't see the price.

Bruce WellmanGUEST
And so they see a small percentage of the price out of their income, but actually it's coming out of their income in multiple other ways.

Bruce WellmanGUEST
Because of the fact we have a multi-tiered pricing structure between private insurance and public Medicaid and Medicare, where there's a 250% to 300% difference between what Medicare pays and what commercial insurance pays and individuals might pay, we have a very complicated environment in which to pay.
10 MINS LATER
Rethinking the Future of Healthcare Delivery
5:56
6:15
6:25
6:32

Bruce WellmanGUEST
We basically have $5 trillion annual spending in US healthcare, about $27,000 per family versus $7,000 When we look at comparable advanced markets, like in Europe and Australia, 7,000 is the average for annual cost in private insurance.

Bruce WellmanGUEST
In our case, we have a very difficult, complicated system of pricing where the consumers don't see the price.

Bruce WellmanGUEST
And so they see a small percentage of the price out of their income, but actually it's coming out of their income in multiple other ways.

Bruce WellmanGUEST
Because of the fact we have a multi-tiered pricing structure between private insurance and public Medicaid and Medicare, where there's a 250% to 300% difference between what Medicare pays and what commercial insurance pays and individuals might pay, we have a very complicated environment in which to invest.
10 MINS LATER
