Slowdown speeds up medical tourism- Hindustan Times

Monday, May 11, 2009

A recent article in Hindustan times,points to the fact that " Medical Tourism in India has actually not slowed down in spite of the downcast economic weakness across the world.

Slowdown speeds up medical tourism- Hindustan Times,

"California resident Barbara Pastal, 47, had been trimming her household expenditure for months to save up for a hip replacement surgery when her husband’s firm cut his pay by 30 per cent in February.

It meant she would have to wait longer to save the $21,000 (Rs 8.5 lakh) that the procedure costs in the US.

“A friend recommended I go to India for the surgery. One of her family members had had a good experience here,” said Pastal, who arrived in India last week and underwent the surgery at a Mumbai clinic. “It’s much cheaper and there is no waiting.”

Pastal said she paid Rs 3.5 lakh for the airfare and hospital expenses, less than half of what the surgery would have cost her at home.

The economic downturn in the West is turning out to be a boon for India’s healthcare sector as many middle-income people look for ways to save amid pay cuts and layoffs.

Medical tourism is not new, but recession has accelerated the trend and more patients seem to be convinced that the quality standards in India can be comparable to any Hospitals across the world.

The Wockhardt group of hospitals,with a tie up with Harvard Medical International, and accredited by Joint Commision International (JCI ),has seen a 40 per cent increase in International patients in 2008-09 as compared to 2007-08, according to Vishal Bali, chief executive officer of Wockhardt Hospitals

According to data released by Deloitte ,around 4.5 lakhs medical travelers visit India to get treated in 08-09. Deloitte pegs the industry growth rate to be around 38%. Presently the bulk of medical tourism centers revolves around,India, Thailand,Singapore,Malaysia,Mexico,Costa Rica along with Indonesia,Turkey and Poland.

With more US companies cutting back on Health Benefits,medical tourism has become a viable option for US patients since it not only helps them to save money when they come down to India ,but also they have access to a world class clinical experts in the form of knowledgeable,western educated,English speaking healthcare staff in an environment that is friendly and medically well advanced in terms of infrastructure.

1 comments:

With the resources these days at a click of a mouse, it's important to look at all the alternatives when it comes to your health. Medical Tourism to countries such as India provides an affordable and effective way to healthcare. Patients can reduce their research headaches by going through a reputable medical travel company like WorldMed Assist. It can be overwhelming to find the best country/hospital/doctor for the procedure needed. WorldMed Assist only partners with hospitals after multi-day, on-site screening. Many of the top surgeons in their partner network were trained in the U.S., and most hospitals have affiliations with renowned US medical centers such as Johns Hopkins and Harvard Medical. Hospitals are squeaky clean, and all their patients have rated their overseas accommodations as five star. Visit Worldmed Assist for more on Procedures offered.

ldeng said...
May 12, 2009 at 5:51 PM  

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