Share:facebook
Medical Tourism - Healthbase - World 1-617-564-1795
 Login       Healthbase - Get Free Quote - button

Home arrow News arrow Latest arrow Forbes says health care should be left to market
Forbes says health care should be left to market

Forbes says health care should be left to market

By Laura Hancock, Deseret News

August 28, 2009

OREM — Health care needs reform in the United States, but it shouldn't be through government programs, Steve Forbes said at Utah Valley University on Friday.

Forbes, editor-in-chief of Forbes magazine and presidential candidate in 1996 and 2000, spoke to about 400 students and community members. Utah Gov. Gary Herbert and Douglas Holtz-Eakin, former director of the Congressional Budget Office, were also part of the economic forum.

Forbes said he believes free markets should reform health care. When running for president, he advocated the flat tax. For health care, he believes government should offer tax credits for people who want to buy their own insurance.

"I guarantee with that kind of competition, when the system is more geared to you, the individual, rather than the third party, you'll start to see innovations," Forbes said.

Examples of competition in the health marketplace are in foreign countries such as Thailand, India and Singapore that lure American "medical tourists " who need operations that would be far more expensive in the United States.

"One of the ways they do it is to emphasize in their facilities that they have low infection rates compared to American medical facilities ," Forbes said, adding that there is no economic incentive for U.S. hospitals to try to decrease staph infections.

Another example is Lasik surgery. Many people pay for it out-of-pocket because their insurance companies don't cover the procedure, and the medical industry had to scramble to make it desirable. As a result, Lasik now costs one-third less than it did 10 years ago, according to Forbes.

"If people want more of something, it becomes a growth industry," Forbes said. "You get productivity gains and growth and get more for less."

During the question-and-answer period, audience members referred to health-care reform criticism by conservative talk show host Rush Limbaugh. But not all audience members felt the marketplace was the answer.

One man described himself as a small-business owner whose health insurance program was paltry compared to large corporations, making it hard to attract and retain good employees.

He was born in Greece and lived there for 30 years before immigrating to the United States, where he has lived for 35 years and is now a citizen. The man, who didn't identify himself, takes issue with allegations that national health care in Greece and other places in Europe is corrupt or broken. "I hear Gov. Herbert say, 'I don't believe capitalism is a dirty word,' " the man said. "Well, I don't believe socialism is a dirty word, either."

Claim your discount on surgery in the United States today with our top quality health care providers offering up to 90% discount on major medical care

 

 
< Prev   Next >
Click here to register and get quote
Trusted Source for Medical Tourism and Dental Tourism

Share:facebook

Healthbase is the trusted source for global medical choices, connecting patients to leading healthcare facilities overseas. Healthbase's state-of-the-art, easy to use, information rich web-based system helps you research and arrange your medical care including necessary travel and accommodation, all at one place. We arrange first class services for patients at major internationally accredited hospitals in Singapore, Thailand, India, Mexico, Panama, Turkey, Costa Rica, Hungary and expanding to Argentina, Brazil and Malaysia. The cost of surgical care at our ever growing network of affiliated institutions is typically a fraction of the cost of care in the U.S. with equal or superior outcomes.
Healthbase's Dental Tourism provides a wide range of dental procedures through its partner dental offices and hospitals network in Mexico, Panama, Thailand, Singapore and India.
Over two hundred medical, dental and cosmetic procedures are available in various categories: Orthopedic procedures such as hip replacement, Birmingham hip resurfacing, artificial knee replacement, knee surgery, cosmetic procedures such as breast augmentation, face lift, rhinoplasty (nose surgery), liposuction, dental procedures such as bridges, implants, crowns, and procedures in categories such as cardiac, vascular, spinal, obesity, eye, LASIK, urology, general surgery, plastic surgery, laparoscopic surgery, weight-loss surgery, wellness and much more. The savings are up to 80% from typical USA prices.

Medical Tourism is the act of traveling abroad to receive medical, dental and cosmetic care. Medical Tourism is also called as Medical Travel, Health Tourism, Health Travel and Medical Value Travel. Significantly lower costs for best practice care is usually the primary motivation although some medical tourists go abroad for immediate availability of procedures and unavailable treatments. Patients frequently take advantage of the opportunity to vacation and tour inexpensively in the country they are visiting.
Note: All medical procedure information presented here has been obtained from publicly available medical resources and is here for reference purposes only. Healthbase does not claim to be a medical professional and does not provide any advice on any issues relating to medical treatment.
© 2014 Healthbase Online Inc
Healthbase Medical Tourism Resources Site