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Re: geezer post# 72422

Saturday, 10/09/2004 3:10:26 PM

Saturday, October 09, 2004 3:10:26 PM

Post# of 495952
I spoke with some canadians here about drug costs

it is clear that the retail price in canada is usually but not always lower.

but in canada health insurance does not cover the cost of prescriptions
]

so canadians pay full boat, even when insured

also they wait 9 months for an mri or a surgury

one interesting note is that if tort costs are 1percent of health care costs, then it means that physician fees are only 2-3%

the rest of the money goes to hmo administration and corporate costs,plus allthe others

25 years ago there was no 20 percent to 40 percent loss of the health care dollar because of corporate overhead

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