Aug 25, 2026 · 56 min · 12 segments
In this episode of When Health Freezes Over, host Omar Haq speaks with Richard Zane, MD, Chief Medical…
Richard ZaneGuest
Omar HaqHost
I think it's especially important because, you know, I worked on the health plan side.

I mean, I've been an actuary now for over 30 years and I've been doing a lot of work on the health plan side.

Starting with the big picture, where you sit as a physician and really a health system executive involved in innovation, how would you describe the current state of American health care? What is working? What is fundamentally broken? What are we getting right? What are we getting wrong?

And even though I spend the vast majority of my time doing administrative work, including being a chief medical officer and a chief innovation officer, my lens is as a physician.

I see from a patient's perspective, the healthcare system is obscenely expensive.

And that's a double-edged sword because if we represent one-fifth of the GDP of the United States, And from an industry perspective, we're the single largest employer.

That's a double whammy of a financial economic challenge because we can reduce healthcare costs, which seem impossible because we've never been able to do it.

I think it's especially important because, you know, I worked on the health plan side.

I mean, I've been an actuary now for over 30 years and I've been doing a lot of work on the health plan side.

Starting with the big picture, where you sit as a physician and really a health system executive involved in innovation, how would you describe the current state of American health care? What is working? What is fundamentally broken? What are we getting right? What are we getting wrong?

And even though I spend the vast majority of my time doing administrative work, including being a chief medical officer and a chief innovation officer, my lens is as a physician.

I see from a patient's perspective, the healthcare system is obscenely expensive.

And that's a double-edged sword because if we represent one-fifth of the GDP of the United States, And from an industry perspective, we're the single largest employer.

That's a double whammy of a financial economic challenge because we can reduce healthcare costs, which seem impossible because we've never been able to do it.
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