Are you facing a major medical or dental procedure and are uninsured? There are alternatives to going bankrupt and spending all your nest egg. Consider having your procedure done overseas.
One of my relatives needed tons of dental work. It would have cost about $25,000 in Miami, but he got the same work done for a little over half the price in Costa Rica.
The following is a Wall Street Journal story about how heart surgery is being performed for a fraction of the price charged here. Hopefully my cardiologist has a good sense of humor.
The Henry Ford of Heart Surgery
In India, a Factory Model for Hospitals Is Cutting Costs and Yielding Profits
By GEETA ANAND
Wall Street Journal
BANGALORE — Hair tucked into a surgical cap, eyes hidden behind thick-framed magnifying glasses, Devi Shetty leans over the sawed open chest of an 11-year-old boy, using bright blue thread to sew an artificial aorta onto his stopped heart.
As Dr. Shetty pulls the thread tight with scissors, an assistant reads aloud a proposed agreement for him to build a new hospital in the Cayman Islands that would primarily serve Americans in search of lower-cost medical care. The agreement is inked a few days later, pending approval of the Cayman parliament.
The approach has transformed health care in India through a simple premise that works in other industries: economies of scale. By driving huge volumes, even of procedures as sophisticated, delicate and dangerous as heart surgery, Dr. Shetty has managed to drive down the cost of health care in his nation of one billion.
His model offers insights for countries worldwide that are struggling with soaring medical costs, including the U.S. as it debates major health-care overhaul.
Similar Posts:
- Discharging Heart Patients Early Backfires, Causing Repeat Hospitalization
- Be Careful When Your Doctor, Dentist Or Veterinarian Offers You A Credit Card
- Thousands Of Needless Expensive And Invasive Angioplasty Being Performed Each Year
- Cut Medical Expenses: Check These Sites
- Conn Gets A For Child Dental Care, But More Work Needed
- Aetna And WellPoint Paying More To Primary Care Doctors To Save Health Care Costs
[...] This post was mentioned on Twitter by George Gombossy and Huzaifa Ali, Dental Assistant. Dental Assistant said: #dental Need Extensive Medical/Dental Work? Consider Outsourcing … http://bit.ly/8x0E1h [...]
[...] the original here:Â Need Extensive Medical/Dental Work? Consider Outsourcing … By admin | category: Medical….? | tags: are-alternatives, conditions-including, [...]