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Off-shoring is not just in IT

Mike Gershman
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Joined: Mar 13, 2004
Posts: 1272
How would you like a $200,000 heart surgery for $10,000?

http://www.msnbc.msn.com/id/6293825/


Mike Gershman
SCJP 1.4, SCWCD in process
Arjun Shastry
Ranch Hand

Joined: Mar 13, 2003
Posts: 1874
Is $10,000 thats Rs 450000 too less or $200000 too much?I am not aware why surgery is so costly in some countries?
1)Surgeon will perform the same operation whether in Boston or Bombay or Beijing.
2)Surgical instruments are always made by wellknown international companies.So they will cost same at any location.
3)Hospital charges/Nurses charges/Surgeon fees,???
Does it create so much of gap in the cost? or is it bcos of Health Insurance,this difference in the cost?
[ October 21, 2004: Message edited by: Arjun Shastry ]

MH
Ashok Mash
Ranch Hand

Joined: Oct 13, 2000
Posts: 1936
Originally posted by Arjun Shastry:
Is $10,000 thats Rs 450000 too less or $200000 too much?


Its too cheap, from a Joe Average's point of view, when compared to waiting many years to get the same procedure done by the NHS or its equivalent. There are already enough cases here where people die waiting for an operation or transplant, just because NHS etc don�t have the resources.

The higher cost of medical care in the West is a direct result of overall cost of living in the West. Running a hospital is a costly affair in the west, not only because staff remunerations are high (the fact that there is not enough qualified staff in the local market is not helping either), risk insurance is also a major factor. Patients are well aware of their rights, and if something goes wrong with the procedure, the hospitals are to pay out huge settlement sums to the patients or their relatives and its usually in the range of hundreds of thousands of dollars.

In India, the overall low cost of living and more than enough cheap trained personall is the major reason for keeping the cost of medi-care low. As mentioned in the article, insurance claims in India, are never as high as in the West, making it easier on hospitals pricing strategy.


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Helen Thomas
Ranch Hand

Joined: Jan 13, 2004
Posts: 1759
Originally posted by Arjun Shastry:
Is $10,000 thats Rs 450000 too less or $200000 too much?I am not aware why surgery is so costly in some countries?
1)Surgeon will perform the same operation whether in Boston or Bombay or Beijing.
2)Surgical instruments are always made by wellknown international companies.So they will cost same at any location.
3)Hospital charges/Nurses charges/Surgeon fees,???
Does it create so much of gap in the cost? or is it bcos of Health Insurance,this difference in the cost?

[ October 21, 2004: Message edited by: Arjun Shastry ]


A pace maker from the UK and one in India, for example, is different.
One made in the States is different again. Greatest life expectancy is usually got with the one made in the States.


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Jeroen Wenting
Ranch Hand

Joined: Oct 12, 2000
Posts: 5093
The main cost factors are:
Europe: salaries and government waste
US: liability insurance and salaries
India: equipment

That equipment will cost less in India than it does in the west (well maybe not in India any more) because the west actually sponsors the purchase of such equipment from foreign aid projects.

My mother in 2002 had to undergo emergency surgery to remove an unknown object which was feared was a tumor (it turned out benign) from her intestins. Waiting list for emergency surgery turned out to be half a year... Luckily (for her) someone on the waiting list died and her doctors had enough clout to get her moved to the first spot so she only had to wait one month.
Because of such things happening ever more often (plus the ever increasing number of medical failures imposed by cost cutting measures causing hospital staff to rush patients through and not pay attention to them) people are fleeing our hospitals for southern Europe.
Some are even going to countries like Nigeria, healthcare there is supposedly now better (from our own foreign aid...) than in the Netherlands.


42
Arjun Shastry
Ranch Hand

Joined: Mar 13, 2003
Posts: 1874
{
That equipment will cost less in India than it does in the west (well maybe not in India any more)
}
Yes,I have visited few dentists(orthodontists!!).Many of them use patient's chair imported from Germany and customized by Indian company.Other instruments too are imported.
Mike Gershman
Ranch Hand

Joined: Mar 13, 2004
Posts: 1272
A pace maker from the UK and one in India, for example, is different.
One made in the States is different again. Greatest life expectancy is usually got with the one made in the States.

How do you know that?
Helen Thomas
Ranch Hand

Joined: Jan 13, 2004
Posts: 1759
So I know a few doctors whom I overheard discussing what's available where.
The National Health Service is cannily aware of what treatment is available globally. There is a two or even three tier system already. It's really up to the patient to find what they want and ,eventually, what they can afford. The world is shrinking.
[ October 21, 2004: Message edited by: Helen Thomas ]
 
Don't get me started about those stupid light bulbs.
 
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