The Economy and Medical Tourism

The Economy and Medical Tourism

Patients often travel abroad to save money on hospital bills that would pile up in the United States. With the current state of the economy, patients thinking about traveling overseas for healthcare are beginning to weigh the pros and cons of costs.

According to a recent article in The Daily News & Analysis, some medical tourism companies in India are reporting a decline in elective procedures being sought overseas due to the economic downturn.

With serious procedures, such as a hip replacement or neurological procedure, patients should research the price of surgery overseas after obtaining a quote from their primary surgeon. For example, according to the American Medical Association, hip replacement surgery, which costs approximately $43,000 in the United States can be performed in India for $9,000, or Singapore or Thailand for $12,000.

Also, patients should consider finding specialists to service their needs in countries closer to home — like Mexico, Costa Rica, and Brazil — in order to save money on airfare. Do your research before deciding when and where you'll go for a medical procedure.

Photo source christine zenino

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