Medical tourism creates competition for U.S. health care providers--It's a good thing

The Economist tells a story of globalization and market forces that should serve as a wake up call to the U.S. health care system.

When you view the chart of costs that U.S. patients pay compared to patients in other countries, then you may have difficulty justifying the usual refrain of "we have better care here, despite the costs."

Cost creates competition between U.S. health care and foreign systems.

It's about time.

It will take U.S. health care providers screaming about their lost profits before they get on board with socialized insurance. There's only so much fear-mongering about foreign health care people will stand. Once enough people receive quality treatment overseas, a tipping point will occur where it becomes standard for the middle class and the poor (the ones who support the health care system now) to leave the country for treatment.

Socialized insurance creates a dis-incentive for people to go elsewhere since they can be assured of treatment at home.