Employer Self Funded Plans
Health insurance is a financial burden, which is why employer self funded plans have become popular. But employer self funded plans also entail financial risk.
That's why IHT World offers employers medical tourism packages to add to their employer self funded plans. Insurance brokers, insurance companies, etc. also benefit from medical tourism packages.
⇒If you add a customized medical tourism package to your employer self funded plan, you may substantially reduce your health care reimbursement costs, without compromising quality.
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Common Problem It's not unusual for many people to feel apprehension about medical tourism. This is often due to some common misconceptions about the state of medical care outside the United States.
Solution Once people understand that the hospitals in various countries offer American quality care, or better, in addition to the fact that they are subjected to a rigorous, routine schedule of independent inspection to ensure the highest of standards are being met, their fears dissipate.
The next hurdle to overcome is offering a package with incentive to participate, because if your employee uses medical tourism, your self funded plan will almost certainly save thousands and even tens of thousands of dollars per person, for each procedure.
Not only will employer self funded plans save money, you will also be providing health care packages at highly accredited hospitals, with some of the finest physicians in the world, at a fraction of the cost you are currently paying.
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Savings examples are below:
- The total cost of a knee replacement in the USA averages $40,000. In Costa Rica, the average cost is $14,500. When you add in travel expenses for two, the hip replacement total price is less than $20,000. That's a savings of more than 50% or $20,000. (The World Health Organization ranks Costa Rica health care higher than the United States. Click here for details.)
- The total cost of open heart surgery in the U.S. can easily exceed $150,000. In India the average cost, including travel expenses for two, may be less than $40,000.
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Adding medical tourism to employer self funded plans is simple:
- IHT World helps you design a customized medical tourism package.
- IHT World becomes a Medical Tourism Facilitator on behalf of your company.
- If an employee requires non-emergent surgery or treatment, you instruct your employee to contact our Registered Nurse.
- The IHT World staff R.N. will assist your employee every step of the way. Our staff will assist with even the simplest details such as arranging airport ground transportation to and from the hospital.
It's a proven fact, if you total all medical tourism costs, the entire reimbursement for treatment abroad will be a fraction of what you would pay for the same procedure in the U. S.
IHT World is here to help you customize your medical tourism package!
