What does it say about the cost of mainstream medicine in America today when even your insurance company wants you to go overseas for surgery? Today the four largest insurers in our country covering nearly 100 million people either have pilot programs offering overseas travel or they've already explored the option.
The Deloitte Center or Health Solutions projects that 1.6 million Americans will make medical tourism trips in 2010, more than double the 750,000 who made trips in 2007. The reason is simple: price. Savings can be 50% to 90% on things like heart bypass surgery or knee replacement surgery.
Best of all, the foreign competition is forcing some doctors and hospitals here at home to reduce prices to compete with medical tourism.