Medical Tourism, traveling abroad for Healthcare, is booming thanks to bloated healthcare costs, self-funded companies adopting medical tourism and the Affordable Care Act. A jump in total spending jump $40 Billion in 2004 to $100 Billion in 2012, is expected to be even bigger in 2014.
Many experts believe that 2014 will be a stellar year for Medical travel, positing that the implementation of the Affordable Care Act will boost medical travel. Many companies, including the News segment below, offer their employees an option between healthcare in the United States and healthcare abroad.
ACA [Affordable Care Act] does not cover many of the medical travel industry’s most popular procedures, such as dentistry, cosmetic and plastic surgery, in-vitro fertilization, and bariatrics, which will continue to attract medical travelers in the same numbers. [Source: The Institute for Healthcare Consumerism]
With significant savings, money-back and expert care – more and more patients are opting for Medical care elsewhere. In 2014, 1.6 Million Americans were expected to travel abroad for Medical Tourism.
Tips on Choosing a Medical Tourists (Consensus)
It’s important to research Medical Tourism fully before buying an airline ticket. In the following news segments, experts recommend the following:
- Research the Facilities, Physicians
- Research the Accreditation of the Hospital and Facilities
- Weigh the Benefits of the Procedure Done inexpensively versus the Risks of an Unsuccessful Procedure.
Medical Tourism in the News
Here are the recent new stories about medical tourism in 2013. Not all the following medical tourism segments are positive.