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I had a recent medical issue with my daughter in the Philippines. We brought her to the emergency room in Manila at the best hospital that had US trained docto
by tmaly 10y ago
I had a recent medical issue with my daughter in the Philippines. We brought her to the emergency room in Manila at the best hospital that had US trained doctors.
All the tests, the stay, the treatment all came out to a total of about $140.
Contrast this with a recent visit I had to the ER in the US. I have insurance, and my copay for the visit was $150. There is definitely something wrong with the pricing of healthcare in the US.
I am not sure how to solve it given all of the parties involved, but I think adding transparency to the pricing would be a good first step. To those that do not know, the medical industry in the US has an anti-trust exemption. What that means is that they are not required to publish prices. That is why one patient can get a totally different price than another patient getting the same exact procedure.
How can you begin to solve something if you cannot even measure it?