Thursday, June 10, 2010

Market Distortions - From Which Vectors?

http://mjperry.blogspot.com/2010/06/colonoscopy-in-us-9000-costa-rica-350.html
"Video segment about a retired Detroit meteorologist, with a high deductible for his health insurance, who turned to medical tourism in Costa Rica for a common procedure. Quotes for a routine colonoscopy in the U.S. were as high as $9,000, but only $350 in Costa Rica."


What factors drive costs THIS MUCH HIGHER IN THE US?!?!


Herzlinger writes about this phenomenon in "Who Killed Healthcare."  Her explanation, which is compelling ... Government. 

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