Medical Tourism on the Rise for Americans

Free markets have a funny way of benefiting the consumer. The Heartland Institute is taking a look at how medical tourism is helping American patients receive quality medical care outside of the U.S. for less — and how it’s forcing lawmakers to rethink paradigms:

Approximately 750,000 Americans traveled abroad for medical care in 2007, and as many as six million will have received health care outside the United States by 2010, the study reports…

“U.S. hospitals have very high cost structures,” said John R. Graham (director of health care policy at the Pacific Research Institute), “largely caused by government regulation that inhibits competition and specialization, requiring general hospitals to be all things to all people. In the long run, as their ‘profitable’ operations disappear overseas, American hospitals will face a crisis that will require policymakers to rethink how they organize the health care safety net.”

“Quality and patient protections vary widely in other countries, just like they do within the United States,” said Michael Cannon, a senior fellow at the Cato Institute. ”What we don’t get in the United States is price competition, but that can’t last forever, particularly with foreign providers offering comparable quality at a lower cost.

“Medical tourism can only grow,” Cannon added. ”And that’s a good thing.”

Workforce Education: Chamber Leading Way in Indiana, but D.C. Still Lags

Nationally-read Workforce Management has just posted an article explaining the trials America faces regarding workforce education. As the Indiana Chamber is a leader in this area, the writer interviewed our senior vice president, Mark Lawrance, about our workforce studies and Ready Indiana programs.

An excerpt:

While Washington drags its feet, states are trying to tackle workforce challenges on their own. In Indiana, 931,000 working adults have an educational deficiency that limits their employability, according to a study by the Indiana Chamber of Commerce. They lack some kind of required credential—a high school, associate’s or bachelor’s degree—for jobs in demand.

The article also claims that 88 million of the 150 million people in the American workforce have at least one educational or language barrier that limits their job prospects (18 million lack a high school education). Additionally, National Commission on Adult Literacy chair David Perdue says the U.S. is simply getting "left behind" in relation to other nations like India.

Study Says India the Leader in Workforce Development

A new study, titled How the Disciple Became the Guru, was recently released by the Kauffman Foundation. I’ll let the experts from Duke and Harvard, who authored the report, explain:

In the ’90s, India’s Information Technology (IT) industry learned to compensate for the country’s weak infrastructure and developed competencies that helped it become a top global player. Now several industries, including IT, have learned to overcome another major deficiency: India’s education system. They have adapted and perfected western practices in workforce training and development, and now take workers with poor education and weak technical skills and turn them into highly productive technical specialists and managers able to compete on the world stage.
 
Still not sure this applies to Indiana? Try this on for size from a project released earlier this year by the Indiana Chamber: Indiana’s Adult Education and Workforce Skills Performance Report. The National Center for Higher Education Management Systems did the research and offered the following:
 
Even if Indiana were to become the best-performing state on measures of high school completion, college participation and graduation of traditional-age students, it would still fall short of reaching the level of educational attainment needed to be globally competitive. It must also rely on improved success in raising the education levels of adults age 25 and older. Indiana currently ranks 34th in the U.S. in the percentage of non-traditional-age adults participating in postsecondary education.
 
Unless Indiana can do a better job preparing its workforce, its ability to attract and maintain knowledge-based jobs may well be in jeopardy. In addition, only a highly trained workforce will possess the necessary ingredients to grow a more vibrant economy from within the state – e.g., entrepreneurship, leadership and civic engagement.
  
The professionals have spoken. What they are saying requires the attention of — quite simply — everyone. The Chamber’s Letters to Our Leaders will offer a starting point for funding Indiana’s workforce development needs in an August 5 release.