The Therapy Sessions
Saturday, March 27, 2004
Medical inflation
The exploding cost of (effectively) socialized medicine!
How can it be tamed?
Why has the cost of laser eye surgery fallen 22 percent in four years? For the same reason the cost of cosmetic surgery has been rising slower than the inflation rate. These elective procedures are generally paid for by individuals, from their own resources.
Individuals paying directly for procedures actually keep costs down?
Who knew?
When I got my laser surgery in 2000, it cost $4500.
Now, at the same facility with the same doctor, the procedure is around $3000.
It is medical disinflation in action!