If everyone in the U.S. was on Medicare, the savings would move the federal budget from deficit to surplus.

The USA is too stupid to have nice things. Just an immoral military that kills civilians and disposes veterans like toilet paper.

Economists learn before they get their undergraduate degrees that such huge variations are signs of inefficient markets or even faux markets. Such wide price variations may even indicate collusion among some providers to jack up prices, which is generally illegal. But even if we ignore these huge price variations, the trade industry report illustrates another problem: American health-care costs are completely out of line with the rest of the modern world.