Baltimore, MD, March 09, 2010 --(PR.com
)-- China Connection Global Healthcare, the pioneering leader in destination healthcare, today announced the release of a new white paper, Introduction to Destination Healthcare. The paper addresses key considerations for individuals seeking medical care and corporations struggling with the rising costs of health insurance in understanding and evaluating destination healthcare as a resource for accessing affordable, premier quality medical care.
The costs of medical care continue to be among the most significant financial concerns for business in 2010. A recent Duke/CFO Global Business Outlook survey shows 30% of America’s Chief Financial Officers rank rising healthcare costs as one of the top three concerns for their companies, with eight percent reporting it as their company’s top concern. Individuals and families feel the crunch as well, with PriceWaterhouseCoopers reporting almost 80% of companies expect to raise deductibles and employee premiums again in 2010.
Topics covered in the white paper include:
— A brief history of destination healthcare, along with why it is a commonly made decision for Americans
— Issues driving individual and corporate growth of destination healthcare
— Key issues for individual patients and group health plan sponsors
— Sample costs
— A forward look at where destination healthcare is headed
— Destination healthcare solutions for individuals and corporations seeking to bend the healthcare cost curve back in their favor
In 2009, both the American Medical Association and the American College of Surgeons issued new position statements recognizing the important role destination healthcare can play. Advances in medical techniques and technology, international partnerships between hospitals and medical universities, and internationally trained doctors combine to deliver medical outcomes and standards of service equaling or surpassing those in the US. Michael. D. Horowitz, MD, MBA, a cardiothoracic surgeon who studies destination healthcare, states, “It is naive to think that just because someone practices elsewhere they are not as well trained, or qualified, or artistic as a physician in the United States.”
Patients take advantage of the ease of global travel to access world renowned international hospitals in China, India, Thailand, and other countries that provide premier medical care with costs far less than those in the US. Deloitte and Forbes each report the number of Americans receiving medical care internationally, including vacationers and expatriates, exceeded one million in 2008.
Based on statistics from the American Hospital Association, candidate procedures for destination healthcare represent more than 59 million annual hospital admissions and over $300 billion in billed charges. Destination healthcare, with its distinctive medical focus, is increasingly attractive as a means to manage costs in an environment where double-digit health premium increases are the norm.
To download a copy of the white paper, please visit: http://tinyurl.com/y8wpy9y
About China Connection Global HealthCare (CCGH): China Connection Global HealthCare (www.chinaconnection.cc) is the pioneering leader in Destination HealthCare™ solutions for businesses and individuals. The company arranges premier medical care through a network of world-class hospitals and physicians in Tianjin and Beijing, China that deliver savings of 25-40% below the discounts negotiated by insurance carriers in the US. Corporate solutions offer reduction in claims expenses in excess of $1 million per 100 cases. CCGH’s Destination HealthCare Network™ includes prestigious hospitals such as the TEDA International Cardiovascular Hospital, cited by the World Health Organization as one of the world’s top heart hospitals; First Teaching Hospital of Tianjin University, the recognized leader in Integrated Medicine; and Wu Medical Center, a global leader in regenerative medicine research and treatment; among others.
China Connection Global Healthcare’s Destination HealthCare™ solutions meet the needs of a diverse audience, including:
· Corporations with fully insured or self-insured health plans
· Corporations offering mini-med or specific condition medical plans
· Educational institutions
· Government entities and contractors
· Insurance companies, including direct insurers, health reinsurers, and stop-loss insurers
· Associations and affinity groups
CCGH provides turnkey corporate and individual services including travel preparation, reservations, and visa support; on-site visits with patients in the hospital using CCGH’s own staff not hospital employees or contractors; coordination between the patient’s home and destination physicians; and a comprehensive aftercare program that connects patients, their doctors, and their insurers to deliver the best in coordinated care. Since 2006, the company has assisted people from around the world, including Canada, the United Kingdom, the Netherlands, Egypt, Mauritius, India, and across the United States, in finding the care they needed.
For more information, please visit www.chinaconnection.cc