The Benefits Of Medical Tourism

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The Benefits Of Medical Tourism by Mind Map: The Benefits Of Medical Tourism

1. Popular Countries are Mexico, Costa Rica, Brazil, India, and Thailand.

1.1. Also beneficial are the Alternative Medicine System in India, providing treatments like Ayurveda, naturopathy and homeopathy that heal without any side effects. With wellness holidays in India fast becoming the norm, you can easily book packages for Ayurveda resorts in India, or the many luxury spas dotting the picturesque beaches of Kerala and the majestic heights of the Himalayas.

1.2. In 2011, 2.3 million foreign visitors came to Thailand for medical reasons and the country earned over $3.1 billion in income. The number of medical tourists was slated to rise up to 2.53 million in 2012, according to Thailand's department of health service support. Eighteen institutes in Thailand are accredited by the JCI (Joint Commission International), a leading American accreditation organisation.

2. Cost

2.1. Half the price for procedures in the U.S.

2.2. It may still be cheaper for you to pay out-of-pocket and go out of the country for care than to have it done at home.

2.3. For many procedures, it's often more expensive to receive treatment at home than it is to purchase a plane ticket, book a hotel, and pay for all medical expenses out of pocket in a foreign country. This is especially true in popular medical tourism destinations such as India, Thailand, and Singapore.

2.4. Medical Tourism Statistics More and more countries are becoming medical tourism destinations. Medical tourism statistics revealed an anticipated growth of the industry from about $40 billion in 2004 to $100 billion by the year 2012. The estimate was made by the Confederation of India and the McKinsey Company.

2.5. Insurance Companies are considering covering the costs of procedures out of the country because it saves them money.

2.6. You’re seeing that trend now in the increase in cross-border plans being marketed by leading insurance companies to employers. Companies and individuals benefit from paying substantially lower monthly rates and virtually no out-of-pocket expense for high quality care by choosing insurance plans that include optional off-shore care.

2.7. Seniors are seeking to relocate to retire aboard to areas in the world that offer less expense and more accessible health care options.

2.8. "Patients Beyond Borders estimates that more than half a million residents of the United States traveled outside the country for medical care in 2011, spending an average of $3,000 per procedure. The market remains a small aspect of health care but is estimated to grow at an average of 25 percent to 35 percent a year."

3. Obamacare - Affordable Care Act

3.1. Some experts predict a doctor shortage and longer hospital waits in the United States. They also foresee insurance companies extending coverage for Americans’ international medical bills. If all this is true, medical tourism will have a healthy future.

4. Long waitlist in your country

5. Procedure Not Available In Your Country

6. Doctors in other countries may be better than the doctors in your own country

7. Many foreign hospitals meet the same standards as U.S. hospitals, and in fact, many that cater to medical tourists are actually quite luxurious compared to the typical U.S. hospital.

8. Not only do you get the opportunity to travel, you may rest better than you would at home where the phone rings and there are the daily chores to attend to.

9. Medical Tourism Provides You with Options

9.1. What are the top specialties for medical travelers? Cosmetic surgery Dentistry (general, restorative, cosmetic) Cardiovascular (angioplasty, CABG, transplants) Orthopedics (joint and spine; sports medicine) Cancer (often high-acuity or last resort) Reproductive (fertility, women's health) Weight loss (LAP-BAND, gastric bypass) Scans, tests, health screenings and second opinions.

9.2. Market size is $20-35 billion, based on approximately seven million patients worldwide spending an average of $3,000-5,000 per surgery (including all medically-related costs; not including patient travel, accompanying companions or accommodations). We estimate some 750,000 Americans will travel outside the US for medical care this year (2013).

10. You get to relax and have someone look after you. Therefore your not depending on or stressing your family out.

11. Can be schedule as vacation time from your job

12. Technology - Cutting Edge

13. More People, Not Enough Resources

13.1. The world population is aging and becoming more affluent at rates that surpass the availability of quality healthcare resources. These key drivers are forcing patients to pursue cross-border healthcare options. We estimate the worldwide medical tourism market is growing at a rate of 25-35%.

14. Better Environment Less chance of dealing with in hospital outbreaks

15. Travel Agents The Specialize - Job Creation

16. Time - You have all the time you wish to recover