Mish's Global Economic Trend Analysis: Medical Tourism
Mish's Global Economic Trend Analysis: Medical Tourism: "When you can fly to India or Thailand and get world class care for 20% of the US cost, saving $80,000 on a heart operation something has to give. That something is US prices for goods and services.
How much longer will it be before some HMOs require someone to fly to India or Thailand for treatment? Better yet will be an HMO that offers reduced prices for those willing to do so. Obviously if you are in an accident and need services immediately there is no choice. But on major dental work or elective procedures, or even scheduled heart transplants, for those in the know it may be foolish to have those procedures performed in the US."
How much longer will it be before some HMOs require someone to fly to India or Thailand for treatment? Better yet will be an HMO that offers reduced prices for those willing to do so. Obviously if you are in an accident and need services immediately there is no choice. But on major dental work or elective procedures, or even scheduled heart transplants, for those in the know it may be foolish to have those procedures performed in the US."
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