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Indeed it would. My gut feel from reading many articles like this is that in American healthcare everything is more expensive. There is more administrative over
by jeltz 13y ago
Indeed it would. My gut feel from reading many articles like this is that in American healthcare everything is more expensive. There is more administrative overhead, the salaries for doctors are higher, owners of private hospitals expect more profit, drug companies has better profit margins, implant manufacturers have better profit margins. I have also heard the American hospitals spend more money on purchasing the latest equipment.
So my theory is that there is no incentive to cut costs, everyone in the healthcare industry profits form the inflated costs. Even the insurers do as long as they can keep raising the insurance costs.