MEDICAL TOURISM IS AN EMERGING TREND
Read the full article at National Center for Policy Analysis
http://www.ncpa.org/sub/dpd/index.php?Article_ID=14823
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About Me
- Shyam Varan Nath
- I am Business Intelligence Architect for IBM, GBS. I specialize in OBIEE and Oracle related Data Warehousing Technologies (Databases, ETL, OLAP/Essbase, Data Mining etc.).I started Oracle BIWA SIG in 2006 and currently lead that group. It has over 2500 professionals as members worldwide. In early 2009, I started the Oracle Exadata SIG that now has over 3700 members worldwide.[Opinion expressed here are my own.]
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I had a look at the link Shyam provided on medical tourism, an emerging trend. I started doing research since the concept fascinated me...
Doing research I found out the surprising statistics:
The cost differential across the board is huge: only a tenth and sometimes even a sixteenth of the cost in the West. Open-heart surgery could cost up to $70,000 in Britain and up to $150,000 in the US; in India's best hospitals it could cost between $3,000 and $10,000. Dental, eye and cosmetic surgeries in Western countries cost three to four times as much as in India.
My question was - Was it really worthwhile?
My next question was - how do you select a good provider?
Digging more I felt that for a better medical tourism provider one must consider the following parameters: - Cost of treatment, Safety, Quality and wonderful experience.
As per the information from one of the local medical tourism provider Global Health Networks, www.globalhealthnetworks.com, the post treatment care in India is atleast 2 weeks compared to a few days in the United States. In addition, they even have optional alternative packages like Ayurvedic Treatments, Breathing Workshop and Yoga conducted by The Art of Living Foundation, www.artofliving.org. GHN even offers micro loans and micro financials, which will really help the uninsured and underinsured community. GHN not only provides high end services they also guarantee safety, quality, timely service and wonderful experience.
One of my friend’s father had been to India for knee replacement surgery through Global Health Networks. They had some insurance problems so doing the knee replacement was going to be very expensive in the United States. But through Global Health Networks, his father underwent knee replacement in India, for one third of the cost with the same infrastructure and quality of treatment..
Do share any case like this?
well friend, not only medical tourism there are lot of other medical related industries are also growing there, like pharma & medical transcription.
Intercultural
Has Anyone Actually Tried Medical Tourism? We've read about it, heard about it, and even talked about it. But how many of us know someone who has gone on a health vacation to India? Anyone ever come back from Thailand with a new hip? Is there any forum where real people can discuss real medical tourism issues.
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Hmmm....so do we see a trend of healthcare outsourcing happening from India to other low cost countries like Bangladesh?
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