Regulation Drives Medical Tourism
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 19 August 2015
⏱️ 12 minutes
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Transcript
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| 0:00.0 | This is the Cato Daily Podcast for Wednesday, August 19th, 2015. |
| 0:07.0 | I'm Caleb Brown. |
| 0:09.0 | For all the benefits of American health care, low prices for consumers isn't always one of them. |
| 0:14.0 | Government regulation in its myriad forms regularly keeps consumers from knowing and often even caring |
| 0:20.0 | about the costs of health care services. |
| 0:22.0 | Cato Director of Health Policy Studies, |
| 0:24.2 | Michael Cannon explains. |
| 0:26.6 | The Associated Press reports that Mark Bolsaern, |
| 0:29.9 | who is a 56-year- old man from Anchorage, Alaska |
| 0:34.2 | by choosing to go to Mexico |
| 0:37.7 | to have some dental work done, saved $62,000. |
| 0:45.0 | And obviously we like to talk about how great the U.S. |
| 0:50.0 | medical system can be, and of course there are some ways that it is second to none in the world |
| 0:56.0 | but a savings of 62,000 dollars for a dental procedure seems like quite a lot. |
| 1:03.6 | Some pretty intensive dental procedures actually. |
| 1:06.8 | And although that's a little bit misleading |
| 1:08.8 | because he found another quote that was, |
| 1:11.0 | instead of $65,000 is only $35,000 if it were performed by dental |
| 1:16.1 | students here in the United States. |
| 1:18.4 | But he found a dentist just across the border in Mexico who would be willing to do it for |
| 1:22.1 | $3,000. |
| 1:23.2 | So that's where the 62 or $32,000 in savings comes from. |
... |
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