The Solution to Health Care Overpricing–go overseas, if you can afford it

Good old American efficiency: The article describes a man who needed some type of nasal surgery: The cost in the US $33,127, in UK, at a private hospital $2,930.

An estimated 878,000 Americans will travel internationally for a medical procedure this year, according to a report from the Deloitte Center for Health Solutions. That number is expected to nearly double by 2012.

The majority of medical tourists are uninsured; however, the cost of health care in this country has become so expensive that even some U.S. health insurance companies are coordinating with hospitals overseas.

Medicynical Note: We priced ourselves beyond our ability to pay. According to those opposing health reform, we have the “best health care system in the world.”

That of course is not quite correct. We do lead the world in:

  • Medical bankruptcy
  • Costs of health care, drug costs,
  • The number of people going overseas for care
  • The number of people by percent or absolute number without insurance coverage (in the industrialized world)
  • Administrative inefficiency
  • Drug company profits
  • Insurance company salaries and profits
  • Malpractice Premiums
  • Doctor’s Salaries (in most specialties)
  • and so on

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