3. Such services typically include elective procedures as well as complex specialized surgeries such as joint replacement (knee/hip), cardiac surgery, dental surgery, and cosmetic surgeries. The provider and customer use informal channels of communication-connection-contract, with less regulatory or legal oversight to assure quality and less formal recourse to reimbursement or redress, if needed.
4. Leisure aspects typically associated with travel and tourism may be included on such medical travel trips. Prospective medical tourism patients need to keep in mind the extra cost of travel and accommodations when deciding on treatment locations.
5.
6. In the U.S. – nearly 50 million people have no health insurance and 120 million no dental insurance. Therefore, many must pay out of pocket.
7. Those with health insurance still often must self fund elective surgeries; and for “pre-existing conditions” that are not covered under their insurance policies.
8. There are often long waiting lists for surgery in countries offering socialized healthcare.
9. Many countries, including developing countries now have access to the latest technologies and standards of care in the top institutions are equal or better than in first world countries.
22. In 2006, an estimated 40,000 Americans traveled to Mexico alone to receive dental care, and worldwide, over 1 million people traveled abroad for dental procedures.
24. Medical tourism is already a really serious, over $40 billion business according to the Medical Tourism Association.
25. US Insurance Companies are beginning to partner with overseas healthcare providers for selected procedures. *Source: Assurance Company Limited (AOS) Press Release – August, 2007
26. Worldwide Trends - continued By 2015, the health of the vast “baby boom” generation will have begun its slow, final decline, and…. With more than 220 million boomers in the United States, Canada, Europe, Australia and New Zealand, this represents a significant market for inexpensive, high-quality medical care.
27. Attributes Of Medical Procedures That Are Clear Candidates For Consumption Abroad The surgery constitutes treatment for a non-acute or non-traumatic condition; The patient must be able to travel without significant pain or inconvenience; The surgery is fairly simple and commonly performed with insignificant rates of post-operative complications; The surgery requires minimal follow-up treatment on site; The surgery generates minimal laboratory and pathology reports; and The surgery results in minimal post-procedure immobility
28. Five Predictions About Medical Tourism US health insurers will start to cover medical tourism in 2008 – One already has. Mini-med plans and small employers will be the early adopters Opposition to medical tourism by US physicians will be modest . Early adopters include recent immigrants who are comfortable returning to their home country for care. State governments will begin to embrace medical tourism by 2010. Unlike the federal government, states must balance their budgets, (they cannot issue treasury debt).
29. AIIMS Apollo Hospital Apollo Cancer Hospital B.M.Birla Heart Research Centre Fortis Primus Chanakypuri Medicity Gurgaon Max Hospital