HealthGlobe Medical Travel Blog

This week I will speak as a panelist at CFO Magazine’s CFO Core Concerns Conference. We will discuss the impact the recently passed health care reform legislation will impact health care costs. Here’s a recent blog article I posted about why this is so critical for business as we move forward through 2014 and the full implementation of the Patient Protection and Affordable Care Act: http://bit.ly/cOlDGm.

As the need to control health care costs becomes increasingly critical at the employer level, it seems natural that executives will research, seriously consider and in most cases ultimately implement some sort of Medical Travel benefit for their employees.

Medical Travel benefits have all of the hallmarks that companies look for in “trial balloon” programs. There is generally no cost to implement a benefit and there is no risk since the benefit is not compulsory. The simple fact is that you make it part of your plan and see if people use it. If they do, the employee and the employer are both handsomely rewarded with better care and a massive savings, respectively.

In a business climate where bold decisions generally come with a substantial operating or financial risk profile, why not make a bold decision that has virtually no risk associated with it. Making a HealthGlobe Medical Travel benefit available to members of a self-funded group health plan makes sense no matter how you look at it.