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Put the belly and a visit to the Taj Mahal is not unusual, what with the escalating medical costs around the world, patients are turning to the east to countries like India, Singapore, Malaysia and Thailand. The quality of medical services is often better than some of the spotlight in the U.S. and the UK. Many countries have developed formal partnerships for quick treatments in India for their residents most of whom have to wait for long periods of time to undergo operations. In India, medical treatment is not only fast, but it also costs a fraction of what it would cost in the U.S. or Europe.
Thus, scale or whiten your teeth at $ 300 in the U.S., or do it for $ 75 in India. A smile designed at U.S. $ 8000 can be yours in eighth the cost in India. Forget, cosmetic surgery, dialysis in the U.S. unfair for $ 300, versus $ 50 for the same procedure in Chennai. Transplant bone marrow transplant, surgical oncology, cord blood transplants, heart transplants, lung, liver are possible at lower cost in countries like Singapore, Malaysia, Thailand and India than most developed countries where health insurance continues to shoot at a high level of taxation of public health care.
A chance to visit India and the Far East while healing and treating ailments at affordable prices costs has led patients from developed countries to use health services in India at a fraction of the cost in the West. Five to seven percent of Escorts patients' means that from abroad. Most patient traffic is from West Asia, Southeast Asia and Africa. International insurance companies Health abroad that seeks to forge partnerships with renowned specialty hospitals for non-resident Indians (NRI) to combine their treatment in India with annual family visits.
Most Indian states have already established themselves as destinations for health care and tourism or are building medical brand images. Add to this, healing yoga, Transcendental Meditation (TM), along with alternative therapies of Ayurveda in India has been repackaged and redefined and goes hand in hand with the rise of India on "Health Tourism", also called medical tourism. Additionally, the impetus has come from companies such as Tata, Fortis, Max, Wockhardt, Piramal, and the group of guards who are investing in building modern hospitals in major cities. Many have in fact built health packages designed to patients, including airport buses, visa assistance, food and accommodation. With medical advances and advanced biotechnology, India, along with Singapore, Malaysia and Thailand are the leaders in selling health worldwide.
With India's infrastructure and technology quite on par with the U.S., UK and Europe, also boasts some of the best hospitals and treatment centers in the world. A favorite getaway world, India as health and tourism destination is here to stay.
A joint report by the Confederation of Indian Industry (CII)-McKinsey study on Health tourism says that at its current pace growth, health tourism can be removed only with the U.S. 1.7 billion U.S. dollars additional income for 2012. Medical tourism is now a U.S. industry 299 million U.S. dollars, as about 100,000 patients come each year.
The biggest engine for health tourism is the disparity in costs, nearly one-fifth the cost in the developed world. India is definitely capitalizing on its low medical costs and the expertise of its highly skilled medical fraternity.
• A heart surgery in U.S. costs $ 30,000 compared to U.S. $ 6000 in India.
• A bone marrow transplant bone in the U.S. costs $ 250,000 and 26,000 U.S. dollars in India
Lately, the Indian government launched the six-month visa medicine in 2005. The visa allows an alien to remain for a year for medical treatment in India. The Government has also introduced policy measures as the National Health Policy which recognizes the treatment of international patients as an export, allowing private hospitals treating patients international to enjoy the benefits of lower import duties, an increase in the depreciation rate (from 25 percent to 40 percent) to save the life medical equipment and standard operating procedures of various taxes.
The ease of international travel, improving technology and standards attention in many countries of the Far East and in India score a point with patients in Britain or Canada that have to rely on the tax burden of public health care for routine cardiac surgery, a hip resurfacing or a hip replacement which sometimes take years to be treated.
About the Author:
Manoj Gursahani is the Chairman of India’s first ecommerce travel portal- TravelMartIndia. Visit the blog for more travel related issues, travel tips and destinations
Article Source: ArticlesBase.com – Medical Tourism in India
