Insurance Companies Have a Great Opportunity in Medical Travel
Gabriel Senior - Monterrey, Mexico, November 26th, 2009.
With healthcare costs in the United States continuing to rise at higher rates than inflation, American health insurers are facing very tough times as there’s enormous pressure on their financials. Some allow these cost increases to impact their earnings as a means to gain share, others pass this on to customers as higher premiums, and yet others prefer to keep prices but creatively nudge deductibles, co-payments, and contract terms as to be able to survive in a fiercely competitive and controversial market. However, they must slowly acknowledge that an escape valve is found abroad.