Isn’t it amazing how prices for medical procedures, diagnostic tests and prescription meds are so much cheaper abroad? Why is that? Why does Hip Replacement surgery costs 10 times more in the US compared to Eastern Europe, India or Mexico?
Maggie Mahar, the author of “Money-Driven Medicine”, has an answer. She argues that the history of U.S. health care has been shaped by corporate interests' gradual encroachment on physician autonomy. According to Mahar, this has produced a system of costly and inefficient competition among providers, leaving Americans worse off than citizens of other industrialized nations.
I couldn’t agree more!!!
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