The medical tourism industry has become extremely popular in the United States over the past few years. There is a growing tendency among Americans to leave the country for elective surgery and procedures; This trend has also been observed in Western Europe, Australia and Asia. It is estimated that about 500,000 Americans travel abroad for medical treatment each year to benefit from affordable health care and medical procedures.
Medical tourism is a term coined by the media to define travel to another country for medical treatment. Practically people all over the world not only go abroad for vacation, but also combine their vacation with a medical procedure. It is estimated that medical services in other countries cost 10 to 90 percent less than in the United States. This fact has given a boost to the medical tourism industry in the United States.
This does not mean that health associations, insurance companies and healthcare providers in the United States are unaware of this growing trend. That’s it; And many health insurance companies now cover certain medical procedures that the insurer can do in another country. In addition, insurance providers also offer discounted prices if the individual chooses a medical tourism business.
From cosmetic surgery to dental treatment to hip replacement, it is available at affordable prices in countries such as Mexico, India, Thailand, Argentina and Malaysia. In fact, many facilities in these countries are accredited by the Medical Association Accreditation Boards of the United States.
The reason why the medical tourism business is so popular is because of the rising cost of health insurance and health care in the United States. The attraction of being able to save money and pair a medical procedure with a vacation is very strong. This is one source of treatment for insecure Americans, and the cost of travel, stay, and medical procedures are much cheaper than the person pays in the United States.