5 points on US insurers paying almost $8k more for TKR than other developed countries

An International Federation of Health Plans report found U.S. leading insurers pay more than other developed countries for drugs as well as surgical procedures, according to CNBC.

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Here are five findings:

 

1. U.S. insurers pay $28,184 to hospitals and physicians for a total knee replacement, nearly $8,000 more than Switzerland payers which pay $20,132. Leading payers in Spain only pay $6,687.

 

2. For a total knee replacement, U.K. insurers pay $18,451, New Zealand insurers pay $16,508 and Australian insurers pay $15,941.

 

3. The report found South Africa payers paid $7,795, on average, for a total knee replacement to hospitals and physicians.

 

4. U.S. payers, on average, pay more than $10,000 for a normal delivery of a baby, five times more than what a leading insurer in Spain pays for the same delivery.

 

5. For a month’s supply of Humira, U.S. insurers pay $2,670, which is nearly twice what payers in the United Kingdom and Spain pay. Major payers in Switzerland pay three times less than this figure.

 

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