How to Money · Wednesday, September 23, 2026
Dr. Jordan Grumet suggests that individuals can take several steps to combat the financial pressures of the US healthcare system. These include appealing insurance claim denials, opting for generic medications when possible, and seeking out independent physician practices not owned by private equity. He also advises against filing frivolous medical malpractice lawsuits, which contribute to defensive medicine and increased costs.
“So first and foremost, if you have an insurance company deny a claim, appeal. Believe it or not, just by appealing, lots of these claims are overturned. So first thing, first and foremost, you can appeal.”
“Second of all, you go to your doctor and they're like, I'm going to put you on this blood pressure medicine. You have run of the mill blood pressure. Ask for a generic. There's no reason you need the newest and greatest for most disease processes. And generics go directly to the generic companies which provide cheaper drugs.”
“How about trying to figure out, does your doctor, are they owned by private equity and venture capital or are they a private practice and self-owned? If possible, going to self-owned practices takes money right out of these third parties.”