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AMERICANS BEING RIPPED OFF BY MEDICAL INDUSTRY!

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May 07, 2015
(HealthNewsReview.org) The National Journal reports on a new analysis from the International Federation of Health Plans (pdf file). Excerpts:

The group’s survey of expenses for medical procedures, tests, scans and treatments in nine countries shows that Americans pay more for physician time, for scans, surgery and drugs than people in Spain, France, Germany, Argentina, Chile, Canada, India and Switzerland with one exception – cataract surgery costs more in Switzerland.

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For example, a hospital stay costs an average of $1,825 in Spain, $5,004 in Germany and an average of $15,734 in the U.S. An appendectomy ranges from an average of $1,030 in Argentina, to $5,509 in Chile, to an average of $13,003 in the U.S. The survey also found that the cost of a widely prescribed drug like Nexium can range from $69 in Switzerland to $193, the average cost in the U.S.,” the report reads.

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