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| In 2007, nearly 750,000 Americans took advantage of medical tourism and had their treatment abroad. By 2010, the number of Americans using medical tourism for treatments and medical procedures is estimated to rise to 6 million. |
While people from America use medical tourism to get low cost medical care, people from Canada and Britain, where public healthcare systems are present, take advantage of medical tourism to avoid long waiting lists in their own countries.
Health insurance companies are now trying to understand how they can offer medical tourism to people and one of the plans they have in mind is to introduce lower premiums for certain services if the people go abroad for them. This will have a great impact on healthcare insurance premiums as well as hospital profitability.
However, the social impacts of medical tourism are in countries where people go for medical treatments. These countries are poor and developing countries where citizens cannot afford medical treatment, food, shelter or clothing. If medical tourism can bring about a change in their lives, it would be the perfect scenario. Hospitals specializing in medial tourism should use their earnings to provide free and adequate health services for the poor.
The other social impact of medical tourism is positive. Medical tourism is instrumental in creating jobs for people. This means as the developing country grows to accommodate increasing number of medical tourists, it creates more jobs for the locals. In addition, the medical tourism healthcare providers keep upgrading their capabilities and facilities which can be used to treat the domestic patients too at a reasonable price.
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