Medical Tourism 101, A Medical Tourism Association Webinar

Medical Tourism 101
Lisbeth Stein
Membership Coordinator
Medical Tourism Association™
www.MedicalTourismAssociation.com
www.MedicalTourismMag.com
©Medical Tourism Magazine / Medical Tourism Association ™ Reproduction without permission of MTA or MTM is strictly prohibited.

Topics:


Globalization of Healthcare


Medical Tourism is the Direct Result of the
Globalization of Healthcare

Medical Tourism Definition
People traveling from one country to another for medical intervention based upon the perceived personal value.

Struggling Healthcare Worldwide
Current healthcare systems worldwide suffer from severe crises.
The Healthcare crises are driven by several different factors in each country.

Global Struggling Healthcare
UK
Lack of Private Participation
High waiting time
Europe
Aging Population
Shrinking Revenue
Canada
High waiting time
Shortage of healthcare resources
Japan
Baby Boomers
Over Hospital Stay
US
High Cost
Uninsured Population
Africa
Lack of Appropriate Healthcare Services
Lack of Quality HealthCare Services
GCC
Population Growth
Chronic and Affluent Disorder
Genetic Disorder

Key Factors for Global HealthCare Crises

Global Healthcare Crises
What's the Future?
Will it continue? How long?
©Medical Tourism Magazine / Medical Tourism Association ™ Reproduction without permission of MTA or MTM is strictly prohibited

It is likely that Global Healthcare crises will continue for many more years despite attempts by international health organizations and national health authorities.
Key Reasons are:
Challenges of a Changing World
Unequal Economy. Unequal Outcomes.
Shift in diseases, increase of non-communicable and chronic disorders
Little anticipation and slow response by authorities
Baby Boomers and Ageing Population
Increase in Healthcare Cost
Increase in Pharmaceutical Cost
Increase because of Medical Equipment Cost
Increase because of Documentation and Accreditation Cost
Fragmented Healthcare System worldwide
Commercialization of Healthcare

Little Anticipation and Slow Reactions by Authorities
Over the past few decades, health authorities have shown little evidence of their ability to anticipate such changes, prepare for them or even adapt to them when they have become an everyday reality.
This is worrying because the rate of change is accelerating. Globalization, urbanization and ageing will be compounded by the health effects of other global phenomena, such as climate change, the impact of which is expected to be greatest among the most vulnerable communities living in the poorest countries.
Source: WHO

Baby Boomers (US Study)
Reference: ~ A joint report from First Consulting Group and the American Hospital Association, titled “When I'm 64: How Boomers Will Change Health Care.”

The pharmaceutical industry weighs even more heavily in the global economy, with global pharmaceutical sales expected to expand to US$ 735–745 billion in 2008, with a growth rate of 6–7%93.
The United States is the world’s largest market, accounting for around 48% of the world total: per capita expenditure on drugs was US$ 1141 in 2005, twice the level of Canada, Germany or the United Kingdom, and 10 times that of Mexico.
High Pharmaceutical Cost
Source: WHO

Fragmentation: health systems built around priority programmes
While urban health by and large revolves around hospitals, the rural poor are increasingly confronted with the progressive fragmentation of their health services, as “selective” or “vertical” approaches focus on individual disease control programmes and projects.
Fragmented HealthCare System
Source: WHO

Health systems left to drift towards unregulated commercialization
In many, if not most, low- and middle-income countries, under-resourcing and fragmentation of health services has accelerated the development of commercialized health care.
Commercialization of HealthCare
Source: WHO

Fifty-seven countries face a severe health workforce crisis.
WHO estimates that at least 2,360,000 health service providers and 1,890,000 management support workers, or a total of 4,250,000 health workers, are needed to fill the gap.
Without prompt action, the shortage will worsen.
The Global Shortage of Healthcare Workers

Healthcare is a concern
Percentage of the population citing health as their main concern before other issues, such as financial problems, housing or crime.
Source: WHO

With continued growth of Global Healthcare Crises, patients will struggle to get:
Affordable Healthcare
Easy Accessible Healthcare
Availability of Healthcare
Quality Healthcare Services
Global Healthcare Crises and Concerns

Medical Tourism Drivers & Factors
Global Establishment of Quality Standards
Increased Global Access, Affordable Transport
Increased Demand for Cosmetic and Dental Procedures
Increased Demand for Medical & Surgical Procedures
Acceptance by Employers & Health Plans
Globalization of Workforces

Who will use Medical Tourism?

Cost Saving in Medical Tourism
Knee Replacement (2009 MTA survey)
USA India Thailand Singapore Costa Rica Mexico Korea Turkey
$50,000 $7,000 $10,000 $11,100 $11,000 $12,000 $24,100 $13,000

Cost Saving in Medical Tourism
Heart Bypass (2009 MTA Survey)
USA India Thailand Singapore Costa Rica Mexico Korea Turkey
$130,000 $9,000 $11,000 $16,500 $24,000 $22,000 $34,150 $17,000

Cost Saving in Medical TourismNote: Prices do not reflect PPO discounts. Prices will vary based on zip code, region, provider, and other factors. Prices are an estimate and do not include airfare or hotel accommodation for the patient or a companion. Travel costs, including airfare and hotel will vary depending on country and also the length of stay for recovery.

What Services do They Seek?

Medical Tourism a Growing Phenomena Worldwide

US Medical Tourism Trend & Forecast
Deloitte Study 2009 ~ Recession Adjusted Forecast
2007 2008 2009 2010 2011 2012
Number of
Patients 750,000540,000 648,000 878,000 1,283,0001,621,000
Forward -20% -10% 20% +35% +35% +35%
Growth Rate
USA Today puts Medical Tourism as one of the Top Ten Growing Trends

29% Americans will travel for Medical Tourism
Gallup Poll May, 2009
Up to 29% of Americans would consider traveling abroad for medical procedures such as:
heart bypass surgery
hip or knee replacement
plastic surgery
cancer diagnosis and treatment.

Medical Tourism in Asia
Asia’s Growth Industry, 2006

Terminology

How a Patient Decides Upon Medical Tourism

Role of Medical Tourism Facilitator

Facilitator Analysis
Researched by ExHealth

Accessing the Patient ~ Facilitators
51% used a Facilitator37% found very helpful
44% N/A

Role of Hotels

The Role of the Travel Agent and Medical Tourism
Coordinate Appropriate Aspects of Travel
Increase Patient Referrals
Good Follow Up = Good Outcomes

US Employers, Insurers & Medical Tourism
Several insurance companies have implemented medical tourism or “pilot” programs in medical tourism such as Aetna, Blue Cross Blue Shield, WellPoint, Swiss Re and others.
Several self funded employers have implemented medical tourism such as Hannaford Brothers and others.
Many employers are offering medical tourism because the cost savings is up to 90% of the cost in the U.S. while the quality can be equal to or in some cases better than the patients would receive in their home countries.

Medical Tourism Association™

4th World Medical Tourism & Global Healthcare Congress 2011
www.MedicalTourismCongress.com

2011 Congress Speakers
Multinational companies participating: Mary Kay Inc., American Apparel, among others…

Productive Networking Opportunities
Network with up to 1,500 attendees!
Buyers of Healthcare
Top International Hospitals
Specialty Clinics
Medical Tourism Facilitators
Insurance Companies
Insurance Providers
Up to 10,000 One-on-One Prescheduled networking meetings

Attendees & Delegates
1,500 attendees from over 87 countries
100 expert speakers
10,000 one-on-one networking meetings
Networking lunches
Networking cocktail receptions

Buyers of Healthcare-VIP Program
Insurance companies, governments, employers and insurance agents may be eligible to get:
Free registrations
Discount registrations
Hotel room nights and flights
Don’t miss this opportunity!

4
INTEGRATED CONFERENCES
Global Benefits Conference
Healthcare Development & Sustainable
Healthcare Conference
Global Healthcare Investment Conference
Health & Wellness Conference

Global Benefits Conference
THEME: “Streamlining Benefits and Processes for Multinational Employers and Insurance companies”.
TARGET: Highest level executive attendees involved in this industry.
WHO WILL BE THERE:
International Insurance Companies
Multinational Employers
International Insurance Agents and Consultants
Air Ambulance Companies
And other International Insurance attendees and providers
VISIT: http://globalbenefitsconference.com

Healthcare Development & Sustainable Healthcare Conference
Sustainable Healthcare (Green Healthcare), Healthcare Development and Hospital Development is one of the fastest growing industries in the world
THEME: Groundbreaking Approaches to Healthcare Design, Management and Sustainability.
FOCUS: International healthcare and hospital development with case studies from different parts of the world.
VISIT: http://www.healthcaredevelopmentconference.com/

Global Healthcare Investment Conference
Network with investors as they learn about international investment opportunities in the healthcare sector
THEME: “Emerging Markets for Healthcare Investment”.
FOCUS: Emerging markets and trends showing case studies of investment opportunities in the healthcare sector.
Visit: http://www.healthcareinvestmentconference.com/

Health & Wellness Conference
Millions of consumers are taking vacations for health, wellness and prevention
THEME: “ Health and Wellness Travel and Tourism”.
FOCUS: Growing health and wellness tourism industry. Case studies on how many regions create strong wellness programs attracting individuals and employers to their regions.
VISIT: http://wellnessconference.com/

For more information and to registerhttp://www.MedicalTourismCongress.com
www.EmployerHealthcareCongress.com

Medical Tourism Association™ Destination Guides
The destination guides are an exclusive focus on a destination, country or city with detailed information about the quality of healthcare in the destination and the healthcare infrastructure found in that region.
The guides will include information on hospitals, clinics, medical spas, wellness centers, hotels and tour operators for patients.
They will also feature tourism information for patients with full color photos.
These guides will help patients pursue expectations for a particular medical tourist destination.


Medical Tourism 101
Questions may be forwarded to:
Lisbeth@MedicalTourismAssociation.com

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Medical Tourism 101, A Medical Tourism Association Webinar

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