In 1991 Billy and Akaisha Kaderli retired at the age
of 38. Now, into their 4th decade of this
financially independent lifestyle, they invite you
to take advantage of their wisdom and experience. |
|
Medical Vacations:
A
Retiree Health-Care Solution?
Billy and Akaisha Kaderli
Bumrungrad
Hospital, Bangkok, Thailand
The
debate over U.S. health-care reform rages on. But why wait for
someone else to dictate your future? You have many options -- if
you're willing to take a vacation. If recovering from a medical
procedure while lying on a palm-swept beach, relaxing by the hotel
pool, or shopping for terrific bargains sounds good, then medical
vacations may be exactly the right solution for you.
From
hip replacement, dental procedures to heart surgery, more people are discovering the
advantages of traveling abroad for their medical needs.
A big growth industry
In just the past few years, medical vacations have gone from a tiny
niche market to an impressive growth story with substantial
market-share gains.
From
Mexico to India,
Guatemala and Costa Rica to
Thailand,
hospitals are taking advantage of this global trend. And U.S.
companies are taking note as well tailoring their corporate health
insurance plans to give employees the opportunity to head to India
or elsewhere for surgeries such as knee replacements and the more
modern, less invasive approach to hip replacement, hip resurfacing.
In
the Western Hemisphere, Costa Rica is currently one of the "in" destination
for travelers, especially for
dental and cosmetic surgery needs. You can schedule online and
receive a custom-made package, appointment and prices in your email
response.
For
years, people in the American Southwest have capitalized on the
high-quality dental work available south of the border for a
fraction of U.S. prices. Now more people are traveling to
Guadalajara in Mexico for body augmentation and other surgeries,
too. Many of the doctors there are U.S.-trained, and the equipment
is top of the line. (We know, because we've used it.)
In
Asia, one of the world's most acclaimed hospitals is located in
Bangkok, Thailand. Bumrungrad looks more like a five-star hotel than a medical
facility -- until you get to the third floor. World leaders from
around the globe fly here for medical procedures.
Bumrungrad's
website is user-friendly, as is its professional, English-speaking
staff. The hospital has more than 200 surgeons who are
board-certified in the United States. We have quipped many times
that the cheapest health care plan is an air ticket to Bangkok.
Also
close by is the
Bangkok Heart Hospital. Both of these facilities are
located in the center of the city, with easy access to shopping and
attractions. If necessary, they will arrange your hotel stay along
with the medical procedure you're having performed, all without
waiting times or disqualifications. Your entire extensive physical
will be done in one morning, with your blood results and
consultation that afternoon. In and out in a single day. How's that
for service?
Is it safe?
Many people interested in medical tourism are concerned about the
quality and safety of going abroad for technical and complex medical
care, and how to get post-operative care once they return home. All
of the hospitals mentioned here use the latest equipment and are
either internationally accredited facilities or have U.S.- trained
physicians on staff. Some U.S. health plans also provide an in-state
network of physicians who will treat a patient who's gone abroad for
medical care. The one thing that sets these hospitals apart from
many of their U.S. counterparts is their attention to customer
service -- they are professional and courteous in a way you rarely
see anymore at home.
Award-winning
Escorts Heart Institute in Delhi and Faridabad, India,
performs tens of thousands of heart operations every year, and the death
rate among patients during surgery is only 0.8 percent -- less than
half that of most major hospitals in the United States. India also
has top-notch centers for
hip and knee replacement, cosmetic
surgery,
dentistry, bone marrow transplants, and
cancer therapy.
Virtually all of these clinics are equipped with the latest
electronic and medical diagnostic equipment.
Sounds good, but what's the cost?
Notes: *As of
February 2017. U.S. costs vary based on
location, materials and equipment used, and
individual patients’ requirements. Figures are
averages and reflect more common incidence of
cost. International estimates do not include
travel or accommodations. Source: Patients
Beyond Borders
Even though you get high-quality care at these hospitals, prices are
quite a bit lower than what you'll find in the U.S. Several sources
report big cost savings in recent years for many procedures. For
example, take a look at the chart above. Various common
procedures and their pricing are listed along
with the countries which offer these services.
You can compare for yourself.
While
international medical tourism isn't for
everyone, the
attraction is straightforward. The costs for everything from
facelifts, dental implants,
stem cell therapy or hormone therapy to reverse the
effects of aging can be one-half or less for comparable procedures
in the States. Have your surgery, then recover and recuperate in a
beautiful mountain setting or at a resort hotel.
Most
procedures can be found online, letting you know what's included in
the cost. The figure quoted to you will cover everything, including
follow-up visits. There are no hidden charges, and the price
includes the room, doctor, and staff.
If
you'd like to retire soon, but you're held back by health-care
issues, or if you've got the health-care blues and need a holiday
break, why not do some research online and take a vacation?
And
when it's time to recover, don't forget your suntan lotion.
For more
information on this topic, see our
Top Ten Questions and Answers on Medical Tourism
and visit our
Medical Tourism Page.
For more on
Retirement Topics,
click here and
here
About the Authors
Billy and Akaisha Kaderli are
recognized retirement experts and internationally published authors on
topics of finance, medical tourism and world travel. With the wealth of
information they share on their award winning website RetireEarlyLifestyle.com,
they have been helping people achieve their own retirement dreams since
1991. They wrote the popular books, The
Adventurer’s Guide to Early Retirement and Your
Retirement Dream IS Possible available on their website
bookstore or
on Amazon.com.
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