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Globalization of Health Care

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International Business
MBA 514, Sec: 03

Prepared For:
Farah Hassin

Prepared By: Group B

Md Imran Hossain 1310007
Tahmina Akter 1310033 Tasmina Monowar

Case Discussion Questions and Answers
Case Discussion Questions and Answers

Globalization of Health Care

QUESTION 1: What are the facilitating developments that have allowed health care to start globalizing?
Answer: The globalization of health care saves the United States from 20 to 35 percent of those costs in the United States. Countries like Mexico, India, and Singapore are the three largest recipient countries of American patients where more of 1 million patients were treated in 2007. The international movement of health personnel across borders has become a significant component of the trade in health services and has attracted considerable attention in the scientific and lay press A number of factors are driving the globalization facilitating which is discussed below: * Health care and health insurance in the U.S. is becoming more expensive * Travel is relatively inexpensive and very fast * Communications technologies allow information to be shared almost instantly around the world * Some insurance companies are starting to experiment whit payment for foreign treatment at internationally accredited hospital * Quality of treatment is comparable.

One of the primary reasons of facilitating globalization is the high cost of medical care in the United States, which is the source of the largest number of patients. About 45 million Americans are uninsured and many more are underinsured and they are faced with high copayments for some of their expensive procedures. The decline in barriers of free flow of health care services has facilitated and allowed health care to start globalizing. The cost of medical services in other

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