Re:Opaque drug pricing in the U.S.
by ethbro on Monday March 13, 2017 @09:43AM
(#13857729)
The statistics in similar free market countries (labor, not health care) are curious. Interested in any links you have, but this NYT blog post [1] seems to show that, GDP-per-capita normalized (which seems reasonable; second chart), there isn't that large of a divergence between what I would assume would be comparable nations.
Nurses make 0.9-1.4x, GPs 1.7-4.1x, and specialists 1.7-7.6x GDPpc.
Certainly a range, but nothing jumps out at me as "the US is an order of magnitude outlier."
I'd be fascinated to make a further breakdown of these numbers in terms of style of country's health care system, to see what correlations drop out though...
Nurses make 0.9-1.4x, GPs 1.7-4.1x, and specialists 1.7-7.6x GDPpc.
Certainly a range, but nothing jumps out at me as "the US is an order of magnitude outlier."
I'd be fascinated to make a further breakdown of these numbers in terms of style of country's health care system, to see what correlations drop out though...
[1] https://economix.blogs.nytimes.com/2009/07/15/how-much-do-do...