India will with no doubt become the global
health destination. It aims to replicate the Thai model, which is
still the first Asian destination for International Patients.
With prices at a fraction (sometimes only 1/10th!) of those in
the US or EU, the concept has broad consumer appeal – if people
can overcome their prejudices about health care in developing countries.
The reality is that Indian private facilities offer advanced technology
and high-quality procedures on par with hospitals in developed nations.
India is the leading country promoting medical tourism in the world.
It is even moving into a new area of "medical outsourcing"
where subcontractors aim to provide services to the overburdened
medical care systems in western countries. Medical tourism to India
is growing by 30% a year and the Indian education system is churning
out an estimated 20,000 to 30,000 doctors and nurses each year.
India benefits from a large staff of world class experts and the
ultra-competitive cost advantage it offers. While a heart surgery
costs $30,000 in the US, it costs $8,000 in India. Similarly, a
bone marrow transplant costs $26,000 here compared to $250,000 in
the US. You can add to this that Indian doctors are among the best
in the world.
Howard Staab, a 53-year-old carpenter-contractor from North Carolina,
was diagnosed last year with a serious heart condition. Mr. Staab's
doctor recommended surgery as soon as possible. But he had no health
insurance. The estimate for hospital care alone was nearly $100,000. The cost
for the surgeon, the cardiologist, the anesthesiologist, the radiologist,
and the pathologist, along with the cost of a heart valve and prescription
drugs, has brought the total up to a staggering $200,000 - assuming
no complications. Howard Staab did some research and decided to
go to Escorts Hospital in New Delhi, where the estimated cost was
under $10,000, including airfare, surgery, and rehabilitation! Howard Staab said, "I was apprehensive in the beginning because
I had no experience with India or about the quality of care, and
the situation there. But my experience was superb. From the time
we arrived at the airport, Hospital people escorted us to the hospital,
gave us excellent care. The surgeons and all the staff were extremely
professional, kind and caring. Everything went very well and I was
so satisfied and impressed with the care".
Most non-urgent Western patients usually get a package deal that
includes flights, transfers, hotels, treatment and often a post-operative
vacation. There are many brokers specialized on the Indian market.
Medical tourists are also increasingly coming as well for the renewal
of Indian traditional medicine such as yoga, ayurveda and meditation
and combine this with the western treatments they receive during
their stay.
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