Medical Outsourcing

Had been hearing about this since last year and now the Time magazine article has done an excellent piece on medical outsourcing. Consider this  from the article that at current rates US would be spending $1 out of every $5 of GDP on health care by 2015. Yet, 1 out of 4 Americans would be under-insured or uninsured.

Clearly medical outsourcing is a solution for non-urgent care. A quad bye pass surgery in India can cost less than 20% of what it costs in the US. The quality of care is excellent and now accreditation agencies like the Joint Commission will certify quality. Many Indian doctors are trained in the US and have an MD from the US or UK and that gives additional comfort. Insurance companies can extend their markets  and service providers like some companies have done in the Mexico border for inexpensive dentistry. More people can be insured and treated at low cost and insurance companies are exploring about giving an incentive – take your family member for the tour and take $5000 ! Even those who have insurance in the US are apparently finding this attractive…

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