Tuesday, October 25, 2016

Medical Pricing Scam



Why does a "MRI" scan cost approximately $2,000 in the United States?  We are told they are expensive because of the technology cost to manufacture these machines, cost of doctors, and trained radiologists to read the images.  First, technology drives down the cost of production.  Think in terms off what you can purchase a TV and/or computer today from five or ten years ago.  Second, Japan manufactures MRIs, has doctors, and radiologists. In Japan, you can walk into a clinic and get your MRI scan done for approximately $150 in cash.  According to my math, that is a cost savings of 92.5%.  But, we are told that the $2,000 is reasonable and necessary.  In other words, we are fed a bunch of "BS," and, like sheep, we believe this crap.  Have you ever driven by your local hospital and noticed all the new construction and wondered how it can finance these structures?  Now, you know. And, the MRI cost in the United States is just the "tip-of-the-iceberg." Just think of all the services that the medical profession provides and the tremendous mark-up of those services.  If you want to true health care reform, you should be demanded that Congress look at these outrageous pricing practices. 

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