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July 5, 2008 by Atul.
European Union citizens will soon be able to get medical treatment anywhere within the 27-nation bloc, without prior authorization, acording to the recent news items .
Of course, this applies only to the procedures covered in the patient’s home country and the reimbursement only to the extent allowed. So, the main merit from the patient’s persepctive is avoiding the long lines for treatment.
Only about 10 days ago, the mighty and powerful AMA (American Medical Association) released guidelines indirectly endorsing or at least acknowledging the prevalence and durability of medical tourism as a real trend.
Back in Europe, the Financial Times story reports that UK officials are not happy about the EU decisions will ensure that NHS payment will not go to these expenses.
With our focus limited to what we can handle, we at PreviMed remain in close contact with our US-based customers and have no immediate plans for serving the European market.
Still, this shows that there will soon be an increasing demand for better (read: accredited) hospitals anywhere in the world and US-based insurance companies and other businesses that don’t harness/explore, will miss out the early benefits.
Posted in trade groups, insurance-companies | 1 Comment »
June 14, 2008 by Atul.
In today’s Crain’s New York Business, there is a good article by Gale Scott titled “Aetna plans offers cheaper surgery overseas”.
The piece also talks about AMA and their approach and we would urge caution against categorizing AMA as a single monolith.
The overall approach validates our thrust here at PreviMed, where, as we said n the recent press release, we are “up-leveling the medical travel trend”.
More from the latest press release:
PreviMed’s products will enable insurance companies and self-insured businesses to engage in the medical tourism space to offer value-added, safety-focused treatment options - along with tremendous cost savings - to their members, employees and patients.
Posted in insurance-companies, PreviMed-General, Uncategorized | 1 Comment »