Global competition is an emerging trend in the health care industry as a growing number of high-quality health care facilities in developing countries have begun catering to so-called “medical tourists” or “medical travelers” from other countries. Uninsured patients and those from countries where care is rationed by waiting are also attracted to high-quality health care that is up to 80 percent less expensive than the cost of care in the United States….

For example:

• Heart surgery can easily cost more than $50,000 in the United States.
• Yet the same surgery might only cost $10,000 in India, $12,000 in Thailand or $20,000 in Singapore.

Read the rest of the article here. From the National Center of Policy Analysis, Texas.