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The CAFTA Report
Wisconsin firm promotes medical tourism
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For the CAFTA Report
(March 5, 2009) A Wisconsin firm has created a new division to concentrate on medical tourism to Costa Rica. The firm is HSA Clearing Corp. of Lake Geneva, which said it is the leading provider of health savings account educational services to financial institutions, employee benefit companies and health agents. The company is promoting Costa Rica as a place where a North American can save hundreds if not thousands of dollars on medical care, the firm said. It cited a study by the Deloitte Center for Health Solutions that said U.S. residents traveling abroad for medical cases are expected to increase 700 percent from 750,000 in 2007 to 6 million in 2010. "While many medical tourism providers are recommending travel halfway around the world to places like India and Singapore 12 time zones away, Costa Rican Medical Care is focusing only on the excellent care available in Costa Rica, a beautiful, friendly country much closer to home and in the Central Time Zone," the firm said. "Costa Rica has the competitive advantage of geography, a stable economic and political system and an international reputation for the quality of its health care system. Many millions of people pay for health care out of their own pockets, said Tim Morales president of HSA Clearing Corp. These may be high earners who have the health savings accounts or no insurance at all. He added: “Many of our banking customers are self-insured. Having a cost-efficient alternative to high cost care in the States will mean lowering costs for these institutions. For example, a hip replacement can cost as much as $70,000 in the U.S. However, the same procedure in Costa Rica, including all tests, surgery, physician costs, rehabilitation, and follow-up care in the U.S., travel, lodging and meals in Costa Rica can run about $15,000 — all costs included” The firm mentioned these possible reasons to visit Costa Rica: bariatric surgery for weight control, angioplasty, heart by-pass, hip and knee replacement, ophthalmology and medical check ups, dental surgery and care, cosmetic and plastic surgery. |
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