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Given that surgery costs are dominated by labor costs (surgeon plus support staff) and labor costs 20x more in the US than in India (see: http://www.economicpop
by codex 13y ago
Given that surgery costs are dominated by labor costs (surgeon plus support staff) and labor costs 20x more in the US than in India (see: http://www.economicpopulist.org/content/china-and-india-really-are-cheap-labor-manufacturing http://www.economicpopulist.org/content/china-and-india-real...) is it any wonder that surgery is 10x more expensive in the US? If the only cost were labor it would be 20x!