The Personal Finance Podcast

Why Your Healthcare Costs Keep Rising with Dr. Jordan Grumet

July 29, 2026·59 min
Episode Description from the Publisher

Healthcare costs have been climbing around 7% a year. Andrew sits down with Doc G (Dr. Jordan Grumet), hospice physician and author of The Healthcare Heist, to break down exactly how a routine ER visit turns into a five-figure bill and where every one of those dollars actually goes. 👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21  What You'll Learn in This Episode Where your money actually goes on a routine ER visit, line by line The billing trick hospitals use to make your visit look more complicated than it was Why insurers quietly stopped fighting big hospital bills, and how that shows up in your premium The reason your doctor orders tests they already know you do not need How to audit a medical bill before you pay it, and the mistake that saved one listener $6,000 The HSA strategy that turns saved receipts into tax-free income years later What to actually budget for health coverage if you retire before 65, plus three lower-cost alternatives most people never hear about Why the long-term care bill you are afraid of is far less likely than you think, and how to fund it anyway Start Here  Join the community built to help you master your money, stay accountable, and reach financial freedom.   👉 Try Master Money Academy FREE for 7 days today!https://mastermoney.co/join/ 👉 Join Andrew’s FREE Investing for Beginners Masterclass https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79 Partner Deals   Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance  Wayfair → Up to  60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com    Policygenius → Free life insurance quote http://policygenius.com  Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP   Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP  Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠ DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/  Resource/s  Andrew’s Favorite Brokerage Accounts https://secure.money.com/pr/v8d06f8de92c  Best IRAs https://secure.money.com/lp/iras/lp/best-iras-master-money?pcuid=oe09b73d1952&jump_from_embed=true&wafid=  Book/s Mentioned  The Healthcare Heist by Jordan Grumet https://a.co/d/091yO9cW  The Purpose Code by Jordan Grumet https://a.co/d/0aQIAFvZ  Taking Stock by Jordan Grumet https://a.co/d/03cjorhk  Episode/s Mentioned  How to Figure Out How Much is ENOUGH with Jordan Grumet https://youtu.be/d7nZVBHBtCI  How to Find Your Purpose And Build A Life You Love With Jordan Grumet https://youtu.be/H0KUUmc3B30  How to Negotiate Your Bills (and SAVE 6-Figures!) https://youtu.be/bgIcmuK7FK8  Watch Next The System to Pay Cash For Cars (and NEVER Have a Payment Again!) https://youtu.be/kgmjjQEN3Xs  Reset Your Money Mindset, Get Out of Debt, Save for a House & Understand Credit Scores (Money Q&A) https://youtu.be/JGoKB92rddo  Are Trump Accounts Worth It? (And What's Actually Better) https://youtu.be/jJKCfTvTm0Q  The Retirement Mistake 80% of Investors Make (with Vanguard's Lead Researcher) https://youtu.be/37zVUL0e2TE  How Much More Expensive Has Life ACTUALLY Become Since 2020? https://youtu.be/_n8qUA3NsoI  Connect with Jordan Website →⁠ https://jordangrumet.com/   X →⁠ https://x.com/earnaninvest  Facebook →⁠ https://www.facebook.com/earnandinvest  Books →⁠ https://jordangrumet.com/books  Podcast →⁠ https://www.earnandinvest.com/  Spotify →⁠ https://open.spotify.com/show/2CdpAR3sgltBBhDcpWRq0g   Newsletter →⁠ https://jordangrumet.substack.com  LinkedIn →⁠ https://www.linkedin.com/in/jordan-grumet-38a506179/  Connect with Andrew Website →⁠ https://mastermoney.co ⁠ Instagram → ⁠https://instagram.com/mastermoneyco ⁠ X → ⁠https://x.com/mastermoneyco ⁠ TikTok → ⁠https://tiktok.com/@mastermoneyco ⁠ LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 ⁠ YouTube → ⁠https://www.youtube.com/@mastermoneyco/⁠  Question for you: Have you ever caught a mistake on a medical bill or negotiated one down? Drop the number you saved in the comments.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of The Personal Finance Podcast and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.