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The corporate services division of Patients With Passports can help any self-insured employer realize immediate, dramatic cost savings by accessing the high-quality care available through our network hospitals. We can show you how to structure a plan so it's both appealing to employees and a sure-fire money saver for the company.

Companies can confidently offer such a plan by plugging into our global network of world-class hospitals, and contracting with Patients With Passports to handle the operational details. PwP can provide the same comprehensive service to your employees as we do for individual clients, making all medical care and travel arrangements.

 

The time is right for this type of solution

American spending on healthcare is out of control, undermining U.S. economic competitiveness and threatening the existence of companies. General Motors, in announcing plans to close many U.S. assembly plants and lay off 30,000 workers, pointed to healthcare costs as a main cause of its financial problems. Many smaller companies have quit offering health insurance to employees. Others have passed cost increases on to their workers -- by making them pay more for coverage, as well as raising deductibles and co-pay rates.

Such action embitters employees, who view the changes as a pay cut. Yet U.S. companies which still provide health insurance are under tremendous pressure to find ways to put a halt to runaway cost increases. Employers' health insurance premiums soared 73%, while average employee contributions skyrocketed 143%, over five years through 2005, according to the National Coalition on Health Care in Washington. (See U.S. Healthcare Facts)

 

Accessing international medical care

A few years ago some U.S. corporations that collectively provide health insurance covering 240,000 lives asked Dr. Arnold Milstein, the Pacific Business Group on Health medical director, to assess the best destinations globally for high-quality surgery. Treatment in Thailand and Malaysia, he found, cost only 20-25% as much as in the United States. Top-notch Indian hospitals provide care at an even steeper discount.

In 2007, Milstein spoke at the Consumer Directed Health Care Conference in Las Vegas. There Milstein, a healthcare industry "thought leader," offered his assessment of the efficacy of the three "hottest" strategies being promoted for reducing healthcare spending:

  • programs designed to promote wellness, prevention and fitness,
  • intelligent consumer plans, where competition is fostered by requiring hospitals and clinics to disclose more information about pricing and treatment outcomes, and
  • medical tourism, or introducing plans which pay all travel and medical costs for care provided abroad.

 

Of those three approaches, Milstein said only one was guaranteed to produce an immediate, dramatic drop in costs -- Medical tourism. And the other approaches? Milstein said it would take three to five years before anyone could judge if they were having any measurable effect -- and really 10 years before the magnitude would be clearly known.

 

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Slash healthcare costs

Help creating plans to incentivize employees to opt for surgery abroad

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