Thursday, April 06, 2017

Increase of more than 50% in cost over 4 years

The following medical procedures increased by more than 50% over the past four years for subsidized patients.

Breast lump removal
Lung cancer with comlications
Stroke - no complication

Is there justification for the increase? Did the cost increase by so much? Or, was it due to higher demand, which prompted the public hospitals to increase their fees?

Should public hospitals operate on a model to maximize profits, according to what the market can bear, or to recover their cost of operations with a reasonable margin?

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