Category Archives: Medical Tourism

Medical Tourism News Roundup 12/12/14

 

Medical tourism continues to grow every year, and is expected to continue expanding as deductibles rise & as more and more companies self insure to save costs. Some employers are covering all travel costs (including expenses for spouses) as an incentive to encourage employees to consider medical travel.

Here are some recent articles regarding medical tourism that may be of interest:
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What If You Could Save $10,000?

What if you could save $10,000? It’s a lot of money, a house in some places today in the US. It’s a hell of a vacation, it’s a decent used car, that boat you’ve had your eye on, a start on that cabin you’ve dreamed of, or your own small business. Whatever it could represent in your life, did you want it to go to an insurance company instead of your pocket? As Healthcare/Sickcare costs rise each year, many will opt to travel abroad to save thousands rather than fork it over to pay inflated medical costs.
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100,000 Medical Tourists in a Month

Here in the US, it’s not uncommon to hear of friends or neighbors who
travel to Mexico for dental work because of the good care, but more importantly
the lower cost & cash payment vs fighting with insurance companies.

It appears that we’re not the only ones to see a difference in costs between
our country & a neighbor. Chileans are traveling to Peru for medical care, and
in spite of being charged a higher rate because of being foreigners, it’s still
less than the cost in Chile.

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Saving Money on Healthcare in Peru

In the summer of 2010 I herniated a disc in my back, and after 4 painful months of denial & fear, I finally went to see a local doctor. It wasn’t that I don’t like doctors, or that I thought that it would just heal naturally, but rather the worry of how to pay for it kept me away. You see, I had a crappy high deductible ($5,000) health insurance policy, and I knew that an MRI would likely run between $3,000-$5,000 thus would have to be paid out of pocket. Our business had experienced a huge drop off after the 2008 economic crisis & that was a lot of money in the moment. (Still is!) Here’s how I saved a bundle & a list of expenses.

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