I calculated what my ($4,000) Costa Rican dental work in 2021 would have cost in the United States. My back of the envelope math is about $12,000. Previous trips cost about $2,000 if I recall, including the implant, oral surgery with bone graft, panoramic x-ray, deep cleaning and two crowns. Basically, what would have cost more than $18,000 in Dallas was about $6,000 in Costa Rica. The quality is great and it was one-third the price.
Chris Jacobs writes:
The report makes for bracing reading. Funding an increase in spending equal to 10 percent of GDP—the cost of the most robust single-payer option—by an increase in labor taxes alone would require the average tax rate paid on labor income to more than double, from 17.7 percent in 2020 to 38.4 percent in 2030. Conversely, using a progressive income tax that applies to both labor and capital would triple capital gains average rates, from 15. 4 percent in 2020 to 45.4 percent in 2030.
As for the economic effects, this is from the CBO’s previous report:
My dog had to go to the veterinarian on Tuesday for her annual visit. Where I live vets aren’t particularly cheap, but they have one thing us human patients do not: price transparency. Since most pet owners don’t have health insurance for their pets, they are more price sensitive. Because vets don’t have many different insurance companies to bill, prices tend to be uniform. One vet we’ve patronized even has a list of lab test prices on each exam room wall. It explains the cost of various individual tests and a package price if all were performed together. Another vet has a note on the interior door that reads, “Did you make an estimate???” When is the last time you saw a sign like that in your physician’s office? Probably never.
The Lown Institute recently released its Top 10 worse examples of profiteering and dysfunction in our health care system in 2021. Lown’s so-called Shkreli Awards were named after Martin Shkreli, the “pharma bro,” whose company became infamous for price gouging. After Turing Pharmaceuticals bought the 60-year old drug Daraprim, the price rose for $13.50 a pill to $750 a…