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Many Panamanian doctors are U.S.-trained, and the standards at the top hospitals compare favorably to those in the United States. Private health insurance is available and much less expensive than insurance in the United States. Prices for prescription drugs are low as well, because manufacturers price them for the market. In addition, many drugs that require a prescription in the U.S. are available over-the-counter in Panama. Other reasons for Panama’s affordable health insurance are low rates of malpractice insurance (since laws do not allow for lawsuits) and also a median income of around $300 a month, requiring health care to be inexpensive so people can afford it.
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