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Medical Treatment From Overseas – Why India?
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Are you interested in safeguarding the future of your family and providing them with quality healthcare at an affordable cost? You owe it to yourself and to your family to be educated about Reasons to consider healthcare from overseas! This web site exists to help you make an informed decision!
This web site is a free guide that offers resources and tips to help you evaluate if medical treatment in India is an option for you and your loved ones.
Health related expenses are the leading causes of personal bankruptcy in the US.
Should you or a loved one experience a medical emergency and you not have adequate medical coverage, knowledge of your options in purchasing quality health care can make a huge difference in the direction of your family’s fortunes.
Hardly a day passes when the US media does not carry an article on the plight of healthcare and the uninsured in the United States. According to the Census Bureau’s 2005 Current Population Survey (CPS), there were 45.8 million uninsured individuals in 2004, or 15.7% of the civilian non-institutionalized population.
Also, hardly a day passes when mainstream US media does not run stories on the incredible phenomenon of "outsourcing health care"
The "dirty little secret" of outsourcing can work for you.
In his bestselling book "The World is Flat", Thomas L. Friedman tells us how US corporations began outsourcing work to locations in India for purely cost reasons…..it was cheaper!! They could afford to have two Indians do the work of one American and still save money. But the "dirty little secret" they realized was that in certain areas, it was the other way around…..one Indian could do the work of two Americans and actually do it better and cheaper!! The trick is to identify these areas and benefit from them as an individual.
Outsourcing works for large corporations. Make it work for you!! All US corporations have adopted the strategy of outsourcing work to cheaper locations like India and China to reduce costs and increase profits. This phenomenon has worked for large corporations and has essentially been against the average middle class person. This web site can guide you in making a well researched decision in making globalization work for you and understand why you should "outsource" your health care needs without compromising quality.
According to a detailed study done by McKinsey & Co; Indian Healthcare – The Road Ahead, October 2002, overseas patients from developed countries will go to India for various reasons. Some of them are:
- Lower cost, e.g., cardiac surgery at 1/10th the price of a comparable procedure in the US.
- Purchase of elective surgeries that are not reimbursed by insurance. For example, knee replacement, cosmetic surgery, lasik surgery etc.
- Quality of service: no waiting time, personal attention from doctors
- Treatment of lifestyle diseases: Diseases caused by the ravages of the modern western lifestyles e.g. stress related diseases. Yoga, meditation and massages can be availed of at low prices and the combination with a vacation experience can be an exceptionally good value.
Of course, this is only part of the story. The complete truth is that India is still a developing country with a third world infrastructure. There are islands of excellence comparable to the best in the world. This web site will try to provide you the tools and the directions guide you on your quest to find these "islands of excellence" in healthcare and use them to your benefit.
So how can this web site help me again??
For most people, going to India is a scary prospect. There is the uncertainty of going to a new country, with new languages, a poor infrastructure and strange customs. In addition to that, if you are sick and going there for a medical treatment, the anxiety level can be compounded. So you should not go there without adequate research and as much knowledge as possible of what to expect.
More and more overseas patients are headed to India for procedures ranging from heart surgery to cosmetic surgery, often for one tenth the cost of what a comparable procedure would cost in the US.
The question is not when this "outsourcing" of health services will take place. This is already happening. As per a report done by reputed professional services firm Ernst & Young, "Medical Tourism" is the next big success story out of India. The medical tourism market in India is worth US$ 333 million, with about 100,000 foreign patients coming in every year.
Our vision for this web site is that of a tool to get you started in your quest for medical treatment in India. This is not intended as a sales tool for "medical tourism". We have a section on the negatives of going to India for treatment – something you should seriously consider. The authors have drawn upon decades of experience of living in both India and the US in addition to working for healthcare businesses in both countries. The basic premise is to provide as much information as possible and to do as much research as possible for you to enable you to focus on getting the best health care possible. The ideas that we discuss and the issues that we bring up should aid you in thinking through your own decision making process.
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