International 50 Penn

Posted in Penn Fishing Gear by Penn Fishing Gear on February 11, 2012

International 50 Penn

Health Check Costa Rica about the International Medical Travel Summit Part 1 of 5

The Medical Travel summit hosted by the Promed Council of Costa Rica was an outstanding event that outlined the direction of this crucial industry in Costa Rica. Attendance was solid with many of the key players in Medical Tourism manifested along with a number of large Real Estate development firms with a vested awareness in Medical Tourism projects in Costa Rica, also included were countries like Panama and Colombia seeking to get their nascent Medical Tourism initiatives before a greater audience. The people ranged on many critical topics and several truly stood out. The thrust of this conference and its speakers was and is attention to high quality expectations in all facets of the Medical Tourism industry. From medical travel facilitators to institutional care providers the message was clear. Exceptional quality of care, consideration to good quality and transparency of service are the watchwords that could carry this marketplace forward in massive leaps of growth that quite a few seasoned forecasters are predicting. Winning the confidence of the future patients can only be done with consistent high quality medical care, transparency of service and the excellence of the hospitality industry which helps it.
Many highlights of the conference included Mr. Robert Repke of Global Medical Conexions. Mr. Repkes’ talk was of particular appeal as his business gives consulting assistance to many key companies who have turned to the Self Insurance model as a matter of prerequisite and we feel foresight. These types of companies like many folks are finding that the common insurance carriers are merely too expensive and simply not nimble enough to accommodate to their demographic specific wants. Its not all companies are created equal either in demographics or their insurance demands. Tailoring a self insurance program to match has the potential to conserve North American companies billions of dollars with time and the Medical Travel unit stands to be a key beneficiary of such forward thinking methods. Incentivizing employees for medical travel is certain to turn out to be a hot topic for debate in the near future. One we will follow closely. What was striking to us and have to be encouraging to participants in this industry was just how brand new this concept is and how few companies are basically embracing this model. With a lot of fantastic carriers such as Lloyd’s of London mitigating liability quite affordably for companies offering Medical Travel as an alternative, the risk infrastructure appears to be evolving speedily around Medical Travel and the expansion potential in this area given these developments is merely shocking.
An additional very important and informative speaker at the forum was Attorney Stephen M. Weiner representative and Chair of the Health Law Practice. Mr. Weiner touched on several very crucial liability and risk issues mainly for Medical Travel facilitators. The very long arm of United States Litigators is lively and well here in Costa Rica and the fine line in between being a facilitator and a care provider is one we facilitators should tread carefully. Serious care must be studied by facilitators to be transparent in their records and the scope of their solutions. A facilitator will need to go above and beyond in developing the lines of communication with potential clientele and delineating where facilitation stops and care giving should begin. Facilitators offer a valuable service helping patients negotiate the often difficult and daunting labyrinth of international travel add this to the uncertainty of Medical Care in a foreign country and the rising significance of the facilitators role and therefore liability will become clear.
The Medical travel Summit and Promed have accepted a very important role in Costa Ricas medical tourism potential and the significance of building trust, endorsing accreditation, having management leaders together and most significantly promoting expectations of excellence within all aspects of this marketplace in Costa Rica. In part two of this series we will look at other critical themes from the summit including the Costa Rica Governments required part in transparency, and setting up specifications and practices for Medical Travel Facilitators.

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