Healthcare Revolution: Medical Tourism and the American Dream
Medical tourism, or traveling for healthcare services, is on the rise in the U.S. as patients seek out cheaper options abroad.
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Healthcare Revolution: Medical tourism and the American Dream
Mar 28, 2023 (PRNewswire via COMTEX) -- PR Newswire
PALM BEACH GARDENS (Fla.), March 28, 2023
PALM BEACH GARDENS FLORIDA, March 28, 2023, /PRNewswire/ - The 15th Annual Healthcare Revolution (May 23rd, 2023), which is the largest gathering of thought leaders from the healthcare industry, self-funded employer, brokers and healthcare leaders has begun. This year, the event will feature thought-provoking discussions on how self-funded companies can use medical tourism to provide great healthcare for their employees while spending a fraction of what they currently spend.
The Healthcare Revolution this year is all about the failures of the American Dream, with its rising healthcare costs and how employers can take advantage of the endless opportunities that medical travel offers.
The cost of healthcare in the United States has risen dramatically and is now out of reach for many Americans. In the past, the majority of bad healthcare debt was owed by the uninsured. In America, 58% of bad credit comes from people who have insurance, but are unable to cover their deductibles and co-insurance. In the 2022 Kaiser Family Foundation Health Care Debt Survey, eight out of ten adults reported having health care debt. Five in ten adults who did not have health care debt said they had delayed or skipped treatment because of cost.
Both employers and employees are struggling with the cost of healthcare.
According to the 2022 Employer Benefits Survey conducted by KFF, annual premiums for family coverage sponsored by employers have reached $22,463, of which workers pay $6,106 and employers pay the rest. The annual premiums for employer-sponsored health coverage for family members have increased by over 40% since 2012.
Healthcare costs are too high for many American households. Many skip prescriptions, treatments or avoid medical care to avoid financial debt.
Self-funded employers must take control of their healthcare expenditures to achieve optimal results. These data are becoming more and more alarming each month. The conference this year is a game changer for those who are lost in America's broken healthcare systems and searching for a way out.
The Healthcare Revolution brings together some of the world's most respected leaders in self funded healthcare and well being.
Find out how self-funded employers have benefited from medical tourism, pharmacy tourism, and other forms of tourism. They are saving millions each year and improving the care for their employees.
Employers who send their employees abroad to get expensive medical procedures or prescription drugs will present case studies. Their employees prefer fast, world-class healthcare abroad over locally.
This year's employer speakers will help to break down barriers and objections which prevent greater adoption of medical travel as a benefit for employees. The roadmap will provide employers and employee benefit consultants with a clear guide on how to implement medical traveling while offering incentives to employees. This includes waiving deductibles and co-insurance and out of pocket costs, as well as providing thousands of dollars in cash.
Learn from the healthcare leaders of various medical travel destinations such as Korea and Costa Rica. They are revolutionizing medical care, and improving the art and sciences of medicine with ground-breaking innovations.
Healthcare Revolution creates an exclusive audience consisting of the largest self-funded employer network, employee benefit consultants, insurers and TPAs. This group will learn about the many opportunities medical tourism offers.
"Employers & Employees are at a breaking point. It's not working. "It's time for us to embrace new solutions, like medical tourism", said Jonathan Edelheit CEO of Global Healthcare Resources and Medical Tourism Association.
Speakers will dismantle the myths surrounding medical travel. They will educate participants about the propaganda that is spread against these destinations and the fact that medical tourism expands healthcare and saves costs for U.S. employers who have embraced it.
Register for free today at URL
Sneak Peek at this Year's Speakers
Tim Isenhower is one of our speakers. He has been working with HSM Solutions as Director of Benefits and managing their self-funded program for almost three decades. Tim Isenhower, one of our speakers, has been managing a self insured health plan since the 1990's. He has had the chance to come up with innovative ideas for reducing healthcare costs, including direct contracts, on-site clinics and medical tourism.
Dr. Ray Bowman, currently SVP of Talent and Team Development for MarineMax - the largest boat and yacht retailer in the world - is based on three continents and thirty states. He is responsible for all executive coaching at MarineMax, as well as finding, personalizing, and expanding all health benefits. MaxHealthPlan Solutions is his initiative, based on the MarineMax innovative health care plan. MHS offers FREE consultations to companies that are self-funded and want to reduce health plan costs, while also increasing employee benefits.
Dr. Wade Larson, Chief Human Resources Officer at Wagstaff, Inc., is also the President of Optimal Talent Dynamics, a consultancy group focusing on leadership, HR, and healthcare success. Dr. Wade is a workforce and leadership consultant who has worked with thousands of people and hundreds of companies to optimize processes and improve performance. He is an international speaker and trainer. Larson believes healthcare reforms are personal.
This event isn't for those employers, insurers and business leaders who are happy with the current healthcare system, or for those who are enjoying rate increases, premium spikes, and out-of pocket expenses for their employees. It is also not for brokers and business leaders too timid to make a change and see tangible changes in healthcare costs. This event is for those who want to take risks and achieve unprecedented results.
Register for free today at URL
About Medical Tourism Association
The Medical Tourism Association is a non profit organization that aims to break down barriers for affordable, transparent and world-class healthcare. The Medical Tourism Association (MTA) was founded in 2007 and continues to promote medical travel, while driving industry best practices. The MTA's mission is to facilitate business and communication between industry stakeholders, be they healthcare providers, referral organizations (buyers) or medical tourists. MTA is proud of its work with leading brands, including South Korea, Dubai and Washington DC. It also helped launch Abu Dhabi, State of Florida and Abu Dhabi. We work with governments, healthcare providers, insurers and other stakeholders from conception of the project to launch, and through the commercialization.
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