Tag Archive: Insurance Premiums


With the threat of individual health insurance plans in California potentially being kicked out of the state for possible non-compliance with the state laws, some people with individual health insurance policies are probably holding their breath in hopes to have reasonably priced health insurance that will still cover them.

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It is interesting that in valid surveys of medical tourism patients that up to 92 %  – that is over 9o % of 9 out of 10 patients say that they will return to the same medical care facility with its medical staff.

This is quite an amazing number both when compared to other venues in the hospitality and travel industry and even to the food restaurant service industry.  In addition these  same ratio of over 92 % state that they will gladly recommend these same specific services to friends , family and other potential medical tourism customers

You have to realize that in any enterprise of customer service – numbers and ratios kick in .  With logistics and practical logistics anything and anything can happen .  Its all a matter of numbers and statistics .  That is why these reported numbers are so impressive.  So much for medical care in the “third wold”  vs the educated western world.

 

Quality Medical Care Tour – At the rate, these companies specializing in medical tourism receive these reviews of praise today; it is enough to inspire the desire with a E capital between other leaders of industry. Without medical insurance disease, …

The internal combustion engine – … malpractice insurance rates was an uk individual medical health insurance individual private medical insurance foreign travel medical insurance elderly health care medical insurance such length that its appearance medical tourism …

Healthcare in India – PPP Opportunity of the Coming Decade – The insurance premiums could be paid directly by government to medical insurance firms for all Indian citizens. In return, the risk would be borne by reputed private insurance firms. This would mitigate the risk of leakages which arise …

Before you go – Some countries do offer very good value for money; many cancer patients, such as Kylie Minogue, choose to be treated in France, where post cancer survival rates are far better than in Britain, or in Malta, where many of the medical …

A Tale of Two Reports. Commonwealth Fund and Milliman. – Promote commoditized generic medications, durable medical equipment, outsourced (overseas) radiology interpretation, drug importations and medical tourism (it’s called price competition). Expedite FDA approval process, …

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What is interesting to note is that even the medical insurance industry has now stepped into the act of evaluation , promotion and use of medical tourism both as a cost saving and queue shortening procedure..
Some will say that the basic tactic and reputation of insurance companies is to gladly accept insurance premiums while trying to shirk or avoid payouts.  While this is not true, it is true that as if with any business profitability is key.   Thus any cost savings or reductions are highly powered for any insurance provider or company due to its very powerful effect on the bottom line.  Any cost savings are money earned for the firm.  The one major concern to medical insurance providers who utilize medical tourism in an effort to save costs is prevention of any additional costs – whether it is for additional therapy when the patient returns home and has problems, or even of lawsuits.  For patients themselves it can be a nightmare.  The foreign medical care may be protected first by actual geographic and cost logistics, their legal and / or medical system and the costs of conducting legal actions in the far away foreign country.  As a result the first actions of unhappy or ill treated medical tourists who have been sent for far away medical care by their health care insurance company is to seek redress from their insurance provider.
As a result health care insurance companies have shied away from using medical tourism and medical tourist facilities – at least until the cost structure more than justified it.

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