It would be nice to say that high prices are a bug of our medical system. But they're a feature. They're part of a choice we've made.
The U.S. medical system is absurdly expensive. You knew that already. But you probably didn't realize just how absurdly expensive it is compared to other countries.
These 21 graphs (one of them you'll see above) from the International Federation of Health Plans, via Ezra Klein, start to paint the picture. The average routine office visit in the U.S. is three-times more expensive than in Canada. The average CT scan is five-times more expensive than in Canada. And as a share of GDP, our health care costs are an ignominious colossus towering over the rest of the world
In the U.S. health care system, everything costs more. Being in a hospital cost more. Because our drugs cost more (prescription drug prices can be 10X the rate in the UK or Germany). And our doctors cost more (a US family physician makes 3X her German counterpart). Because their education costs more (the education for a German physician's education is nearly free). And on it goes.