A lot of people still believe that the United States has a free market healthcare system, but that is not true. The percentage of the population receiving government-subsidized healthcare is rapidly approaching 50 percent, and the healthcare industry may be the most heavily regulated sector of the entire U.S. economy. Every year the rules, red tape and regulations seem to get even worse, and every year health insurance premiums rise much faster than the overall rate of inflation. If we don’t start applying free market principles and get healthcare costs under control, our entire healthcare system could very easily implode.
Here is an excerpt from an article by former DEA agent David Hathaway. According to Hathaway, the average cost for an appendectomy in the United States is $33,000…
My son had an attack of appendicitis late Saturday night. I knew that Obamacare inflated prices for surgery in the U.S. would be ridiculous and that the service would likely be impersonal, involve long waits, and be nerve-wracking. I have friends in the medical field so I inquired just for grins. The price for the latest routine appendectomy in my area was, my jaw dropped, $43,000. I read on-line that the average cost for an appendectomy in the U.S. is $33,000. I am not near some of the great direct-pay medical facilities in the U.S. like the Surgery Center of Oklahoma, but I am near Mexico. I chose that option since I have often utilized foreign medical and dental facilities in the past and find the service and prices to be outstanding.
You can buy a very nice brand new car for $33,000.
How in the world did we get to the point where costs have escalated so far out of control? Should performing an appendectomy really be this expensive?
Here is more from David Hathaway…
My son was checked into a private room with private bath and satellite TV awaiting his surgery. The surgical staff was prepped and ready to start within an hour-and-a half of our arrival. The appendix was ruptured, so extra precautions were taken to clean and flush the abdominal cavity. Since the appendix was ruptured, the chief surgeon said that my son should stay two days to receive intravenous antibiotics to prevent the development of peritonitis.
The surgery was a success, and David’s son did stay in the hospital for two full days in order to receive the antibiotics suggested by the surgeon. But despite the extra time in hospital, the bill for the appendectomy was still less than 10 percent of what it would have been if the appendectomy had been performed in the United States.
The hospital stay was for 48 hours in a private room where my wife was allowed to spend the night with my son sleeping on a couch in his room. This cost would have been significantly less if we hadn’t incurred emergency fees and if the appendectomy had not involved complications which required a longer stay and more medication. Despite all that, I though the total price of $2,830 dollars was very reasonable.
So why can’t we have medical care like that on our side of the border?
This is yet another example that shows we need to get government out of the healthcare business. We once had the greatest healthcare system in the history of the world, and we can have it again if we will just return to free market principles. Thanks to Obamacare, our government has turned US healthcare into a huge disaster.
[From an article published by The Economic Collapse Blog]
As always, posted for your edification and enlightenment by
NORM ‘n’ AL, Minneapolis