Medical Tourism – the Growth Story
Posted by business | travelling | Posted on May 19th, 2010
Medical Tourism – The Growth Story : India is expected to earn $1.87 billion(Rs. 80 billion) a year in foreign exchange from medical tourism by the year 2012.
Easy visa facilities to overseas patients coupled with best emerging medical infrastructure facilities are considered as driving forces for the emerging scenario. India’s medical tourism could well become a lead foreign exchange earner for the nation as the earnings are projected to grow from the existing Rs.35 billion annually to Rs. 80 billion a year by 2012.
The medical treatment costs for the various ailments like bone marrow transplant, cardiac surgery, knee surgery and liver transplant are much lower as compared to the costs incurred in the western countries. India has thus emerged as the preferred destination for the patients from Western World as well as those from the Middle East, Africa and Asia.
India’s expertise in traditional treatment systems like Homeopathy, Naturopathy, Ayurveda and Unani is another contributing factor, as these systems are gaining in recognition world over. The popularity of these systems have risen to great heights due to its zero side effects treatment of chronic diseases.
India is witnessing proliferation of new health facilities and centres of medical excellence which is expected to boost the service provided to the patients from around the globe.
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Take a look of the HMOs CEO salaries and you will know why. It is 1996 figure. The HMOs are so powerful these days and they pay a lot of money to radio talk show hosts to………
The 25 Highest Paid HMO Executives 1996 Annual Compensation
Exclusive of Unexercised Stock Options
Stephen Wiggins, CEO, Oxford Health Plans, Inc. $29,061,599
Wilson Taylor, Chairman and CEO, CIGNA Corporation $11,568,410
David Snow, Executive Vice President, Oxford Health Plans, Inc. $10,403,451
Robert Smoler, Executive Vice President, Oxford Health Plans, Inc. $10,085,972
Joseph Sebastianelli, President, Aetna, Inc. $7,394,506
Michael Cardillo, Executive Vice President, Aetna, Inc. $7,069,969
Leonard Schaeffer, Chairman and CEO, WellPoint Health Networks, Inc. $7,010,698
George Jochum, President and CEO, Mid-Atlantic Medical Services, Inc. $6,526,065
Ronald Compton, Chairman and CEO, Aetna, Inc. $5,813,287
Wayne Smith, Former President, Humana, Inc. $5,166,575
James Stewart, Executive Vice President, CIGNA Corporation $4,832,799
Richard Huber, Vice Chairman, Aetna, Inc. $4,801,841
there no dought no matter what there gonna be the richest country even if another war happens lol there gonna be ready so liberia dont attepmt
Sierra Leone is a peaceful country now and infact we just recently had free and fair elections. There are no rebels left in the country and the country is steadily progressing. And besides Sierra Leone has some of the nicest people and best beaches in the world HANDS DOWN!!! Trust me I know!
yep well this vid made it look so good… i investigated a lil bit and yeah found out its realy not place u want too spend ur vacation… too bad, maybe ill go to kenya or senegal, already been in morocco, it realy is a great place, casablanca is fantastic! anyway thanks for the advice
beautifull!
The war is over, and RUF is defeted.
Yea, have fun sipping your drink with the one hand you have left. The rebel RUF forces are still causing problems there and things are not that nice. Senegal or Morocco would be better for your African adventure. Sierra Leone is a beautiful place, Africa is a beautiful place, but that part of the world is so war torn over this wonderful land.
If you want to really see what Africa is like join the WFP or be a UN peacekeeper… know the truth through thruth, not vacation.
Kenya is wonderful. Tourists aren’t bothered too much, as long as you lay low and not make a big deal about your citizenship to another country or how much money you have. Have fun, and good luck!!
Hampstercrazy does not know what he is talking about. He is ignorant. It is not perfect, but no one will not cut off your arm. It is a place that you must really explore and learn a little bit of the history before visiting to get a great experience. Ignorant people should not have internet!!!!
Exactly, they are just ignorant. People it’s 2008! The place is peacefull and beautifull! Give me a break! There are no rebels anywhere to be found… It has been completely safe since at least 2002. I think it’s due to bad advertisement like BLood Diamond etc.