BBC Article
More and more international patients are travelling to India to seek quality health care at a fraction of the cost back home.
<snippet>
Typically they are admitted at one of the many upscale private hospitals that have sprung up across the country. With state-of-the-art equipment and medical practitioners trained abroad, these "five-star" hospitals now attract a new breed of international traveller - the "medical tourist".
Long queues of patients from neighbouring Bangladesh, Pakistan, Africa and the Middle East can be seen in many of these hospitals. But now patients are travelling from even further, from the UK, Europe and North America.
Experts believe India is poised to become a major health care destination offering quality medical service at low cost.
</snippet>
Could doctor's soon be facing the same backlash that IT workers are currently? It seems like with globalization, U.S. markets will soon have to lower their prices, cut costs and ramp up quality to continue to attract customers. Could there be a change in the US economy 20-25 years from now as more industries have to compete with improving quality and cheaper costs overseas?
Would it be theoretically possible for quality of life to improve overseas and fall in the US (very long term) as money leaves the US ( customers as well as employees move international).
More and more international patients are travelling to India to seek quality health care at a fraction of the cost back home.
<snippet>
Typically they are admitted at one of the many upscale private hospitals that have sprung up across the country. With state-of-the-art equipment and medical practitioners trained abroad, these "five-star" hospitals now attract a new breed of international traveller - the "medical tourist".
Long queues of patients from neighbouring Bangladesh, Pakistan, Africa and the Middle East can be seen in many of these hospitals. But now patients are travelling from even further, from the UK, Europe and North America.
Experts believe India is poised to become a major health care destination offering quality medical service at low cost.
</snippet>
Could doctor's soon be facing the same backlash that IT workers are currently? It seems like with globalization, U.S. markets will soon have to lower their prices, cut costs and ramp up quality to continue to attract customers. Could there be a change in the US economy 20-25 years from now as more industries have to compete with improving quality and cheaper costs overseas?
Would it be theoretically possible for quality of life to improve overseas and fall in the US (very long term) as money leaves the US ( customers as well as employees move international).
Facebook
Twitter