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View Diary: Medicare: What can we do about it? (314 comments)

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  •  A couple of easy answers... (2+ / 0-)
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    janinsanfran, TheMomCat
    Tell me why asthma medication if Canada is less than a third of what it costs in the US?

    Simple -- the Canadian government regulates the price that pharmaceutical companies can charge in Canada, whereas the US government "leaves it to the marketplace" for most customers (a notable exception being the VA medical system).  I'm sure that big pharma still turns a profit on their Canadian operations...just not as big of a profit as in the US.

    Why are MRI/CAT scans so costly in the US when there are more equipment here than any other country?

    I think that the issue in the US isn't the cost per scan, but rather the number of scans.  All those expensive scanners are a capital cost that needs to make a minimum rate of return -- with the consequence that hospitals and other providers grossly overuse those machines.

    We would be better off with somewhat fewer MRI/CAT scan machines in this country, that way, they wouldn't be as overutilized, and we'd save money on unnecessary scans.

    Political Compass: -6.75, -3.08

    by TexasTom on Sun Aug 21, 2011 at 12:27:54 PM PDT

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