[quote=SK in CV][quote=livinincali]
Why does it cost 20, 30, 40, 50K for a relatively standard baby delivery procedure. [/quote]
It doesn’t. Californians pay among the highest rates in the country, and average cost for a vaginal delivery without complications are below $20K. In some states it’s less than half that. But it has gone up dramatically. 27 years ago, I paid $1,400 at Grossmont Hospital.[/quote]
Interesting, brief article about some of the reasons for the high cost of healthcare in the U.S.
IMHO, it all boils down to privatization. Patents are also a huge part of the problem, even though taxpayers subsidize the medical industry to the tune of billions of dollars per year. Much of the private research could not happen without the public research that came before it, so why are taxpayers not getting a return on their “investments”?