Americans are not only traveling overseas, but interstate to seek better priced treatment
An estimated $15bn in revenue leaves the US yearly as Americans travel abroad for healthcare, but despite the high price of treatment, between 600,000 and 800,000 foreign Medi-Travelers opted for U.S.-based treatment in 2016.
To stem the reduction of Medi-Travelers to international competitors, US states are spending millions of dollars, passing legislation and even revamping cities to make themselves more attractive to both domestic and in fact international Medi-Travelers.
Americans that do travel internationally for healthcare (predominantly for cheaper elective treatments), but US states are working to lure those patients back by playing up their quality care, competitive pricing and first-class amenities.
These include renowned clinics that attract international patients include the Cleveland Clinic in Ohio, Johns Hopkins Hospital in Baltimore, Maryland and Mayo Clinic, which has branches across Arizona, Florida and Minnesota.
“A private U.S. hospital typically offers technologies and surgical expertise considered too expensive or too specialized for patients in many other countries. The Healthcare Bluebook, which helps U.S. patients find “fair” prices for healthcare, recommends a hip replacement should cost around USD$22,606.
Identifying increased potential for attracting medical tourists to the Sunshine State, Florida has married its $51bn tourism industry to healthcare. This year, Florida state’s legislature allocated $5m to medical tourism, with half of the money reserved for a grant program promoting Florida as a destination for patients. Florida’s pitch: If you can get the same or better care here, for the same or better price, why not recuperate from hip replacement surgery with a sunny ocean view?