For the last 20 years, medical device prices have increased 8%, on average. To be clear, the same screw, year in and year out, has experienced an 8% price increase. Perhaps the colors of the screws have changed. Maybe the thread pitch has been honed just a touch. However, if two people, one in 1992 and the other in 2012, sustained identical femoral neck fractures, three large cannulated screws may be indicated to reduce the fracture. Why does a cannulated screw, whose design has not changed in 30 years, command a 300% higher price tag today than it did when Clinton just started office? Five years ago, a fifty inch flat screen plasma television cost $2,000. That very same television today costs $1,000. Actually, the same sized television costs $1,000. The quality is now better.
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