Medical Tourism leads the way in Thailand, India and Singapore

Posted on 28 June 2007 in Uncategorized by admin

Medical Solution
MMedical Solution
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Medical tourism is a cash-rich industry. In Asia alone, studies have shown that some $390 billion are spent annually for healthcare. Most of this, finds its way into Thailand, India and Singapore, countries which currently lead the way in this field.

Can you imagine if the Philippines can just bite off a 10-percent chunk of this total budget? And that is just for medical tourism, not including the plain pleasure seekers, the bargain hunters, and the sightseers.

Medical tourism consists of medical care, health and wellness, traditional and alternative health care such as acupuncture, herbal medicine, virgin coconut oil, organic food, neutraceuticals and long-term tourism and international retirement health zones where foreign patients can recuperate, rehabilitate and retire. To complete the picture, the components of tourism and shopping have been added to increase the choices of tourists and bring in more.

Among the services that the country offers to foreigners are elective procedures such as cosmetic surgery, liposuction and dental surgery, and life-saving procedures such as coronary bypass surgery, kidney transplants and cancer treatment.

As testimony to the country’s advantages in medical tourism, a general checkup in the United States costs $5,000 while it will cost only the equivalent of $500 in the Philippines. Coronary bypass surgery, which clocks up $50,000 in the United States, will cost only $25,000 locally. And while kidney transplants can reach up to $150,000 abroad, it will only cost $25,000 here.

Even if the plane fare is added, trip to resort and a $100 gift certificate to add to their shopping money after they recover, the Philippine rate will still come out so much cheaper than having the surgeries abroad.

Cost is not only the country’s competitive advantage. The Philippines is also blessed with well-trained and highly skilled medical practitioners that are fluent in English and have received postgraduate training in the developed countries. Nurses and paramedical staff are also one of the best, as attested by the strong demand for their services and skills in foreign countries.

Besides competence, they are also known for their compassion, a key ingredient in caring for patients.

When the patients recuperate from the medical procedures that they came for, the variety of the country’s tourism offerings is also seen as a key advantage to luring medical tourism.

For sure, there will be the staple and indispensable aqua and beach tourism in Cebu, Palawan, Albay, Camiguin, Bohol, Boracay and of course Eastern Visayas. But the country also will offer historical, heritage and cultural tourism in places such as Leyte in Eastern Visayas, Vigan in Ilocos, the Banawe Rice Terraces, Fort Santiago and Intramuros, and the many interesting sites and activities in every province.

And don’t forget the great

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