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The Use Of Medical Travel Intermediary Service

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The use of medical travel intermediaries is in use due to price gouging and schemes by the insurance industry. Through the medical travel intermediary service, patients can have health care facilities researched and vetted to ensure quality, medical efficacy and selection of physicians and hospitals (Herrick 2007, p. 3). There are also insurance plans that include procedures available at offshore medical facilities (Horowitz, Rosensweig, & Jones 2007). Companies are offering offshore healthcare to clients as a means to decrease the financial burden of employee healthcare in several Fortune 500 corporations (Horowitz 2007). Ensuring that medical services received abroad are legal are of great concern. Using research agents can provide security and clarity when going through the medical tourist process. The desire to save money can be a big concern for the medical tourist. A patient may not deem it feasible to travel abroad for only a $300 savings on a medical service. It is estimated that less than 10% of patients will travel abroad to save $500 to $1,000 and about 10% would travel abroad to save $1,000 to $2,400 (Herrick 2007, p. 5). It is estimated that more than 30% of uninsured patients will travel abroad to save over $10,000 (Herrick 2007, p. 5). Research states that cost fluctuates in regards to medical services provided based on the country. Herrick (2007) states, “medical care in Panama is 40 - 70% less expensive than in the United states” (p. 6). This large

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