Heart transplant can be done for $1,583

Discussion in 'Economics' started by peilthetraveler, Jul 29, 2013.

  1. http://www.zerohedge.com/news/2013-...ly-cost-and-why-it-70-times-more-expensive-us

    We need this guy over here running our healthcare system.


    Indian philanthropist and cardiac surgeon, Devi Prasad Shetty is obsessed with making heart surgery affordable for millions of Indians. As Bloomberg notes, Shetty is not a public health official motivated by charity. He’s a heart surgeon turned businessman who has started a chain of 21 medical centers around India. By trimming costs, he has cut the price of artery-clearing coronary bypass surgery to 95,000 rupees ($1,583), half of what it was 20 years ago, and wants to get the price down to $800 within a decade. The same procedure costs $106,385 at Ohio’s Cleveland Clinic. Of course, this will come as no surprise after we showed the incredible spread of the price of an appendectomy. “It shows that costs can be substantially contained,” notes the World Heart Federation, "it’s possible to deliver very high quality cardiac care at a relatively low cost." But, for Americans of course, when you have government footing the cost (and deficit spending), who cares?
     
  2. The medical establishment are a mafia
     
  3. Our healthcare system is seriously fucked up in terms of pricing.:mad:
     
  4. India's bypass costs 95,000 rupees. India per capita income Rs 61,564 during 2011-12

    Ohio’s Cleveland Clinic bypass costs $106,385. US per capita income 2012 is $42,693
     
  5. Per CIA factbook India's per capita income is 206,700 rupees.
    USA is $50,700.

    So assuming an american lives on half his salary, he could get a transplant in 4 years. If an Indian does the same, he can get one in just under 1 year.
     
  6. So why not fly to India to get the operation?
     
  7. CIA? Factbook?

    http://timesofindia.indiatimes.com/...to-Rs-5729-per-month/articleshow/18387279.cms
    Rs 61,564 during 2011-12," an official release by the Central Statistics Office (CSO)
     
  8. Interesting....

    So lets do some math. The exchange rate for the dollar to rupee as of right now is 60.8 to the $1. 61,564/60.8 = $1012

    1.2 billion people in india x $1,012 = GDP of $1.21 trillion.

    That kind of GDP would knock them waaaay down the list of highest GDP countries, slightly below the GDP of Indonesia. Thats quite a difference. Obviously somebodies numbers are way off in this matter.

    I'm guessing yours. You put USA at $42,600 per year which would give us a GDP of $13.2 trillion instead of nearly $16 Trillion like we are.
     
  9. clacy

    clacy

    I'd much rather pay the $100k and get a heart transplant done in the US, than in India, but that's just me.

    The Cleavland Clinic > India
     
  10. igotcash

    igotcash Guest

    it's your life, so if you have the cash to pay i would do it in USA for 100k. maybe, just maybe, they have better pre- and post- surgical checks. all i know is i had eye surgery for $2,500 and it was great. a friend had theirs for $800 and it was bad. no, it's not always the case...but i would take the higher odd trade.

    and yes, you can eat food in the world for 30 cents and it might be absolutely fine for you. fill you up and tasty. or you can eat it for 30 cents and get sick for a few days.
     
    #10     Jul 30, 2013