The globalization of health care
1 What are the facilitating developments that have allowed health care to start globalizing? There are some reasons that have allowed health care globalizing. Firstly, there is the high cost of medical care in the US. And US have the largest number of patients. Secondly, many Americans are uninsured and underinsured and it is much more expensive for them to treat in America than fly abroad to get treatment. Thirdly, there are more and more high-quality private hospital chains in India and Singapore. Fourthly, some American companies agreed to look abroad because of rising costs. Lastly, insurance companies are experimenting with payment for foreign treatment.
2 Who benefits from the globalization of health care? Who are the losers? Benefit:
Hospitals that in recipient countries such as India, Mexico and Singapore. Costs in these countries run from 20 to 35 percent. In these countries, local medical schools are becoming the very best in the world. Losers:
Hospitals in America are the losers. They loss a large number of patients in local and decrease the earning for it. Inurement company is also the loser. Americans don’t need to buy insurance consider that people can fly abroad to get good and cheap treatment.
3 Are there any risks associated with the globalization of health care? Can these risks be mitigated? How?
Some people worried about the quality of medical care in other countries. The risk can be mitigated. Medical tourists can go to new hospitals and most of which are private. People can get skilled physicians treatment.
4 On balance, do you think that the globalization of health care is a good thing, or not? Yes. I think globalization of health care is a good thing. Patients can choose where they want to go. They can get skilled and high-quality treatment, but also spending cheaper than in local hospital. It also can facilitate the communication and development of health care in global.
Please join StudyMode to read the full document