Tuesday, August 6, 2013

High Cost of Joint Replacements

Most people are now aware that US citizens pay exorbitant prices for many drugs. Less well known and growing is the exorbitant prices for medical devices including joint implants. The cost of a total hip implant rose over 300% since 1998! In the United States, nearly all hip and knee implants are made by five companies, which some economists describe as a cartel.
Why do you think we pay so much more for prescription drugs, devices, and surgeries than any other country?


http://www.nytimes.com/2013/08/04/health/for-medical-tourists-simple-math.html?ref=health

No comments:

Post a Comment