Surf, sand … and surgery? Inside the world of medical tourism

Surf, sand … and surgery? Inside the world of medical tourism

Tuesday, September 15, 2015

Did you know that more than a million Americans left the country to seek care abroad? This growing concept of “medical tourism” is catching on for five key reasons: world-class care (often meeting or exceeding Western standards), efficient services, lower costs (heart bypass in Costa Rica costs $31,500 versus $88,000 in the U.S.), skip the bureaucracy and the joys of travel. Additionally, experimental drugs/surgeries not allowed in the U.S. may be very well practiced in other parts of t...

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Employers Turn to Reference-Based Health Pricing

Employers Turn to Reference-Based Health Pricing

Tuesday, September 15, 2015

Did you know that 'reference-based pricing' is a growing trend among healthcare providers and self-insured health plans? It sets a cap on what the employer is willing to pay for high-cost procedures with significant variability in price, but allows the patient to select a higher cost provider by assuming responsibility for the cost differential.Read More

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Promoting Health Care Consumerism: A Multifaceted Approach

Promoting Health Care Consumerism: A Multifaceted Approach

Tuesday, September 15, 2015

Did you know that employers use plan design strategies to increase "consumerism" among employees? The intent is to promote employee engagement, accountability for employees' own health decisions and incentives to reduce costs.Read More

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