Going abroad to find affordable healthcare
At least 85,000 Americans choose to travel abroad for medical procedures each year, according to a recent report by the consulting firm McKinsey & Company. In addition, the cost of surgery performed overseas can be as little as 20% of the price of the same procedure in the United States, according to a recent report by the American Medical Association. Medical tourism is expected to expand quickly in the coming years because of rising healthcare costs in the United States, increasing availability of international facilities with United States accreditation, and the fact that insurers and employers are beginning to embrace the practice.
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