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Continuing on with my previous topic from last Tuesday, I will be expanding on issues in the insurance field and correcting some incorrect assumptions I’ve heard all too often.
As I said in Insurance vs. Doctors vs. Pharmaceuticals article, insurance is all about generating a profit and controlling the expenses just like any other business. Just like any other business, they have different products they offer, different departments and they require the services of other companies to keep their business running. I work at one of those ‘other companies’ and many confuse the two.
But this post is to tie back to something I had mentioned a while back. Something called Medical Tourism. Why am I resurrecting an old entry from August of last year? It is time to update it with new information.
As I mentioned in that article, there are significant price differences for the exact same procedures done for scheduled medical or dental procedures. You can save a bundle as an individual or family choosing to get the same Western based medical procedure done in a different country but by Western medicine trained doctors. Well, it seems the insurance companies are starting to take notice at the price differences. We all know the medical bills here are very high.
In the May 2008 edition of the magazine Fast Company on pages 110-119, the author Greg Lindsay highlights this growing option for those largely squeezed out of the American medical system. The main point I disagree with is his statement that Ruben Toral is a dead ringer for George Clooney. (Ay ewan ko pero di naman sila kamukha hehe!) But I’ll give Greg Lindsay a pass on that point. He’s a guy not a gal.
Please read the whole article here.
Anah
“If the shoe fits, wear it.”
