Week 1 Assignment Example | Topics and Well Written Essays - 250 words

Week 1 - Assignment Example This in turn have benefitted people, insurance companies and employers to get treatment with less cost and better quality especially for uninsured or under-insured patients. On the global part, the countries with these facilities are getting employment for their people. Impact on losers is yet less as this move is meeting demand-supply gap. However, increased dependence on same can adversely impact competitiveness and earnings of U.S medical professional, insurance companies, employers and also quality of services in these countries. Patients going abroad, where most of them are either uninsured or under insured can turn up as and a greater risk as no claim can be made in case of accident. Apart from this the increasing medical tourism in any particular country can result in increasing the cost of medical services. Negotiated services from medical professionals and insurance industry can reduce the impact, which if not controlled now, will affect them as well. Reality of globalization in health care industry must be seen in deeper sense. It is an observed trend that many people move from one country to another country in order to get medical treatment. The globalization in health care industry is good option for the people who are not able to get quality treatment in their own country. However, on the other hand this globalization seems to be no good option if foreign patients are treated at cost of local patients especially in Asian side