More Americans will travel abroad for medical treatment

"Why it pays to go abroad for medical treatmentAROUND 46m Americans lack health insurance, and tens of millions more are woefully under-insured. As they face huge out-of-pocket expenses, deductibles and “co-payments” for operations, they are increasingly heading overseas to cheaper facilities. Many common operations can be done in world-class hospitals abroad for a fifth or less of the price charged by American hospitals. As more employers and health-insurance firms add the “global option” to their plans, the number of American health tourists will soar to over 2m in 2009—rising to 10m by 2012, according to forecasts by Deloitte, a consultancy. ..." (2008-12-22)
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