The Medical Tourism Association TM traveled to Las Vegas for one of the largest employer conferences in the country and conducted a survey of hundreds of top HR professionals nationwide. Below are the survey results.
Number of Employees
- Up to 1,000 Employees
- 1, 001 to 10,000 Employees
65% of the respondents had up to 1,000 employees in their company with another 25% having employees ranging from 1,001 to 10,000
Have You Heard the Term Medical Tourism?
42% of the respondents had heard of Medical Tourism before the conference, while 58% had not.
Did You Know Large Insurance Companies are Implementing Medical Tourism?
An overwhelming 75% of the respondents did not know that Aetna, Well Point Blue Cross Blue Shield & other insurance companies have implemented medical tourism for employer groups, allowing employees to travel overseas for surgery, while 25% did know.
Did You Know a Large Amount of Americans Would Travel for Medical Care?
72% of the respondents did not know that in some cases, over half of Americans surveyed said that they would travel overseas for medical care, while 28% wouldn’t.
Are You Interested in Saving Cost Without Sacrificing Quality?
94% of the respondents would be interested or may be interested in letting their employees have the choice of whether or not to travel overseas for their medical care if there is the guarantee of the same quality to their employees but save up to 90% off the cost, while 6% would not be interested.
Healthcare Reform ~ Will it Increase the Cost of Health Insurance?
- Singnificantly Increase
- No Change
42% of the respondents believe that the healthcare reform will significantly increase the insurance cost and another 33% believe it will increase health insurance cost. 13% of the respondents said it would keep health insurance at the same cost while 12% thought it would lower the cost.
Healthcare Reform ~ Will it Benefit/Hurt Your Business?
- Affect Negatively
- Affect Positively
56% respondents believe that the healthcare reform will affect their business negatively and 44% believe it will affect it positively.
Will a Higher Taxation/Fine for the Uninsured Force People to Buy Health Insurance?
63% of the respondents think that a tax/fine for not buying health insurance increasing from $95 for an individual in 2014 to $695 in 2016 is not a large enough incentive to force people to buy health insurance but 35% think it is enough.
Healthcare Reform ~ Destroying the Underwriting Process
65% of the respondents think that starting from 2014, if any person can wait until they are sick to purchase health insurance (rather than purchasing when they are healthy), it will destroy the underwriting process while 35% think that it would not.
Healthcare Issues ~ The Most Important Sources of Gathering Information
- Internet News, Resour se Websites and Social Media
67% of the respondents feel that internet news, resource websites and social media are the most important sources for gathering information on healthcare issues while 33% disagree.