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.
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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