Emerging Trends in Health Care Industry - Medical Tourism
It has often been said that “medical tourism ‘is nothing new. This is true. It is also true that since man has been a nomad he , or she has always been looking for greener pastures and a better life , quality of life or services than they have presently available. So is it with medical care.
The “baby boomer” generation is ending. So is or has the birth rate in industrialized countries. Who will physically provide the service? Who will pay to it? Medical or home care is a labor and attention intensive service. In Italy now – once now for large families – people pay to “rent “grandparents. There certainly are no valued, privileged children, who in many societies are given the revered task and privilege of caring for aged parents. Never mind the money involved, in most of the wealth, industrialized countries there will not be the staff to care for the aged, or the ill. It is not as if an electronic chip or even robots can ever do these tasks. Each situation is different, each unique.
Hence it is no startling fact that medical tourism will grow and grow and will become a major growth industry. More and more baby boomers, many with means, some with benefits and lesser means. It is estimated that these numbers, within North America, - US and Canada, Europe, Australia and New Zealand will approximate 250 million people. The health care system – and overall budgets of these countries – whether they provide health care universally by the government purse – such as Canada or privately – as in the USA – will not be able to provide either the resources – labor or funds for quick, prompt, quality health care.
What makes more sense than medical tourism – both from a cost and logistical standpoint where treatment and labor is available and at a reasonable cost?
Medical Tourism Medical Tourism
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