Earlier quoted context omitted.
I got to hold one of these Zimbabwean bills the other day. One hundred trillion dollars, IIRC. Pretty cool.
How did you get it? I'd like one too!
There are plenty of them on ebay.
Heart Surgery in India for $1,583 Costs $106,385 in U.S.
271–276 of 276 posts
Re: Heart Surgery in India for $1,583 Costs $106,385 in U.S.
#272Earlier quoted context omitted.
The $2 figure quoted for Indian is not the middle 2/3, but the lowest 2/3, so it would have very little to do with the median. Let's go by the figures we actually have (mean): Per-capita income in India is $1492 Per-capita income in the USA is $49,922 So, it's around 1583/1492 = 1.06 years of work in India. And, 106385/49922 = 2.13 years of work in the USA. And since the hospital price is actually 95k Indian rupees,…
Here is what makes up the difference. In America, law mandates that hospitals treat anyone regardless of income, insurance possession or immigration status. Go to the hospital in India as an illegal alien and not only will you not get treatment, you will be jailed, then deported. Covering illegals and the uninsured is a HUGE cost that health care systems have to bear. Of course there are other things in America which…
Umm, no one ever asks you about insurance unless you claim to have it? There are no checks for illegal immigrants.
Chronically ill patients can still seek treatment, they may or may not be able to afford it though.
Re: Heart Surgery in India for $1,583 Costs $106,385 in U.S.
#273Earlier quoted context omitted.
>>You don't see this kind of innovation in the American health system because it has been engineered with greed in mind right from the start. As an Indian, I can tell you people here think the same about our health care system. The Doctor in discussion here, Dr Devi Shetty is a sort of a local hero here in Bangalore. And who knows in some years he might as well be a national hero. Its basically because he seems to br…
>>I've never been to US, but I can tell you the Indian health care system is if not less is equally greedy compared to their US counterparts. Its just the same. Its NOT the same. High costs in the US are essentially a result of policy corruption - a systemic issue with results in the exorbitant prices. Greed amongst doctors is prevalent in India as well as the US - maybe more prevalent in India due to general poverty…
You can't choose your doctors/hospitals in the U.S.?
Re: Heart Surgery in India for $1,583 Costs $106,385 in U.S.
#274Earlier quoted context omitted.
It looks like the mortality rates mentioned are for the entire chain of hospitals, not just Dr. Shetty.
the principal still stands don't compare one hospital or hospital chain, to another country. If the US average is 1.9 then their is probability that a US hospital chain that is at 1.4 or less.
There will also be hospitals that have a higher rate. That said, the number is relevant as medical tourists tend to go to hospitals like this doctor's not the bad hospitals.
The main point is that you can get a better chance of living at a much cheaper rate.
Re: Heart Surgery in India for $1,583 Costs $106,385 in U.S.
#275Earlier quoted context omitted.
> For instance to open a new hospital you have to get permission from other hospitals in the area. This sounds like a terrible law. Where can I look for more information on this?
http://en.wikipedia.org/wiki/Certificate_of_need
Thank you -- very interesting.
Re: Heart Surgery in India for $1,583 Costs $106,385 in U.S.
#276Earlier quoted context omitted.
A huge problem in the US is all sorts of really really bad laws. For instance to open a new hospital you have to get permission from other hospitals in the area.
That's the opportunity. Eventually regulatory capture and corruption will become so great in the US that it really does become impossible to actually provide the care. Nothing will make it through the wall of parasites. The opportunity is in helping Americans get real healthcare outside their borders. Take a glance Uber's way. You'll know you've got it right when there's serious talk about making it illegal to travel…
I think that it is already forbidden in some countries to get specific medical treatments abroad. It is so wrong, and I would not be surprise if it is going to happen in U.S.A. too.