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April 26, 2024

Today in 1944
On the orders of President Roosevelt, the U.S. Army seized the Chicago headquarters of the unionized Montgomery Ward & Co. after management defies the National Labor Relations Board. ~ Labor Tribune

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Why an MRI Costs $1,080 in American and $280 in France
Posted On: Mar 28, 2013

Mar. 28, 2013 | HEALTH CARE | There is a simple reason health care in the United States costs more than it does anywhere else: The prices are higher. That may sound obvious. But it is, in fact, key to understand one of the most pressing problems facing our economy. In 2009, Americans spent $7,960 per person on health care. Our neighbors in Canada spent $4,808. The Germans spent $4,218. The French, $3,978. If we had the per-person costs of any of those countries, America's deficits would vanish. Workers would have much more money in their pockets. Our economy would grow more quickly, as our exports would be more competitive. Full story here. Related: 21 graphs that show America's health-care prices are ludicrous


 
 
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