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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy US health care costs defy common sense
(CNN)When Jeffrey Kivi's rheumatologist changed affiliations from one hospital in New York City to another, less than 20 blocks uptown, the price his insurer paid for the outpatient infusion he got about every 6 weeks to control his arthritis jumped from $19,000 to over $100,000. Same drug; same dose -- though, Kivi noted, the pricier infusion room had free cookies, Wi-Fi and bottled water.
Mary Chapman, diagnosed with multiple sclerosis, started taking a then-new drug called Avonex in 1998, which belongs to a class of drugs called disease-modifying therapies. Approved in 1996, Avonex was expensive, about $9,000 a year. Today, two decades later, it's no longer the latest thing -- but its annual price tag is over $62,000.
Marvina White's minor elective outpatient surgery to remove an annoying cyst on her hand was scheduled in 2014 based on her doctor's availability. Because it was booked in a small facility that is formally classified as a hospital (with two operating rooms and 16 "spacious private suites" rather than the outpatient surgery center where the doctor also practiced, the operating room fee was $11,000 rather than $2,000.
Len Charlap had two echocardiograms -- sonograms of the heart -- within a year: One, for $1,714, involved extensive testing at a Harvard training hospital; the other, for $5,435, was a far briefer exam at a community hospital in New Jersey.
It is not just that US healthcare is expensive, with price tags often far higher than those in other developed countries. We know that. At this point, Americans face astronomical prices that quite simply defy the laws of economics and -- as each of the above patients noted when they contacted me -- of decency and common sense.
'The balance sheet just doesn't work out'
"It's the prices, stupid."
http://www.cnn.com/2017/06/26/opinions/us-health-care-prices-rosenthal-opinion/index.html
meow2u3
(24,761 posts)What a euphemism! That's just a fancy word for price fixing. The health care industry has been engaging in collusion at best and price fixing at worst. And the repukes look the other way while the industry robs Americans blind.
Shell_Seas
(3,332 posts)Capitalism.
DBoon
(22,361 posts)as opposed the the competitive kind, which exists in undergraduate text books and nowhere else
Skittles
(153,150 posts)pbmus
(12,422 posts)Who profit from campaign contributions and graft...