Saturday, March 10, 2012

Americans Pay More for Health Care

A new report by the International Federation of Health Plans (IFHP) shows that Americans pay more for most medical service than people in other countries. The IFHP is composed of CEOs from various Health Insurance companies worldwide.

As an example, the average price for an MRI in the US is $1080. In France the same MRI costs $281 and in Germany the cost would be $599. The average US cost for a hospital baby delivery is $9280 and the cost would be $2536 in France and $2157 in Germany.

Even worse are the price differences for drugs. In the US, the average cost for Nexium is $193, and in France the cost is $23, while Canadians pay $36.

Stay tuned for more.

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