globalization of health care

Topics: Health care, Health economics, Medicine Pages: 12 (3328 words) Published: October 6, 2014
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Phan Nguyễn Như Quỳnh
Nguyễn Mạnh Tín
Trần Lê Lan Vy


The name and its beauty3
How does this name relates to International Business?4
1.A decade ago the idea that medical procedures might move offshore was unthinkable. Today it is a reality. What trends have facilitated this process?5 The relentless development of technology5

The cost advantage6
2.Is the globalization of health care good or bad for patients?7 Positive impacts7
Negative impacts8
3.Is the globalization of health care good or bad for American Economy?10 Impatient10
Behind the mask11
4.Who might benefit from the globalization of health care? Who might lose?12 The customers (the patients)12
The developing countries13
The developed countries (the United States)14


The name and its beauty


The world, as you know it, has changed as a result of globalization. Local or nationalistic perspectives is transforming to broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. To be more specific, due to the development of transportation and telecommunication that the globalization plays an important role of life is irreversible. It presents in plenty of aspects of life, namely trade, culture, tourism, sports, medical treatment,… People now find it much easier struggling to deal with things, ranging from daily demands to huge decisions not only domestically but internationally as well thanks to the advanced technology brought about by efforts of nations. For example, contacting with friends, even visually in distance is just like a piece of cake with a mobile phone or laptop. In terms of transports, it now allows you to make it to the opposite side of the Earth within few days. Concerning health care, receiving the same quality treatment but lower cost is not unthinkable, it is a reality to developed citizens who dare travel to developing areas. Our group chose this name because it was the first potential name crossing our minds after the question was raised. In order to adapt to the world, it is essential that you first of all become a globalized student. Approaching the globalization requires general and detailed knowledge of specific fields. For instance; if you want to send an email, then you learn how to write an email; if you want to call a partner, then you must have the numbers; if you want to use airplane service, then you must know how to make it to the waiting lounge. Simply speaking, you want to fly, you must have wings first. We not only hope for the best but also prepare for the worst.

How does this name relates to International Business?

Plainly in evidence that chapter 1 of the subject tells the importance of the name. It represents not only as the foundation of the study but as the future of how students establish their points of views towards economic, financial, trade, and communications integration. Students planning to work in multinational enterprises or run their own business have to master and learn how to be a globalized students in the range of university, specifically in class of home before any further matters can be discussed. Frankly speaking, learn how to swim well at pool first or else you are going to be drown in deep ocean.  

1.A decade ago the idea that medical procedures might move offshore was unthinkable. Today it is a reality. What trends have facilitated this process? The conventional concept of receiving medical treatment abroad some decades ago was something rare or even unthinkable. However, in recent years, this whole traditional idea has completely changed. The trend has shifted dramatically from the point which the citizens of many countries...
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