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Fly Away Medical Inc. Medical Travel Advocates and Facilitators

Medical Travel US Perspective The new Medical Cost Containment option for patients and industry Christine Caldwell, CEO 1 800 639 1244. Fly Away Medical Inc. Medical Travel Advocates and Facilitators. Patient How many of you have had a visit to the doctor? Have been in a hospital? Fear

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Fly Away Medical Inc. Medical Travel Advocates and Facilitators

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  1. Medical TravelUS PerspectiveThe new Medical Cost Containment option for patients and industryChristine Caldwell, CEO1 800 639 1244

  2. Fly Away Medical Inc.Medical Travel Advocates and Facilitators • Patient • How many of you have had a visit to the doctor? • Have been in a hospital? • Fear • Is the common issue of most people that need some type of medical or dental care. • Recent Article: • “The most dangerous place in the world is the hospital “ • 500 patients die each day due to hospital errors • You are more likely to be worse when and if you are discharged from the hospital

  3. Fly Away Medical Inc.Medical Travel Advocates and Facilitators • Medication mistakes are rampant • Infection rates cause 280,000 deaths per year • 5 to 10% of patients get infections when admitted to a hospital • 20,000 die from central line catheter site infection • Johns Hopkins has implemented a check list and this has decreased by 66% • 60% of bankruptcies are due to medical cost burdens • Boston Strong • Pocket of Excellence

  4. Medical Travel Considerations • Deloitte Center for Health Solutions • Following the Medical Travel (MT) trends for several years • Healthcare inflation under 4% for past two years • Employers under less pressure to control medical costs • MT has not been a top tier issue for consumers • Recent survey shows that only • 3% would consider Medical Travel • 30% of younger consumers would consider it • 21 % of baby boomer and • 17% of Seniors

  5. The future of Medical Travel to US • Spending of Medical Travel inbound to US • 2008 4.7 billion • 2011 5.6 billion • 2013 6.3 billion • 2015 7.1 billion • 2017 8.0 billion • Information from Deloitte Health Statistic Data 2008

  6. The future of Medical Travel from US • Spending of Medical Travel outbound from US: • 2008 2.1 billion • 2011 13.9 billion • 2013 27.6 billion • 2015 40.4 billion • 2017 49.5 billion • By outsourcing some of our medical care, the US saves money and the foreign countries make money. • Information from Deloitte Health Statistic Data 2008

  7. The Industry that will drive Medical Travel  Patients and insurance carriers: elective procedures vs required procedures • HealthCare Plans: ACA, BlueCross etc. • Workers Compensation • Self insured • TPA’s • Premium Based • Municipalities • Federal Gov. • Disability • Liability • State Legislature: rules that drive the work comp patients

  8. The Medical Travel Challenge • Costa Rica has raised the standard on Medical Travel • The hospital accreditation issue is critical to gaining US citizen acceptance • Objective and verifiable outcomes • Control infection rate • Nurse to patient ratio • Recovery Retreats • Technology • Cost of care • Credentials of physicians

  9. Medical TravelOpportunity to be part of the solution, not the problem

  10. Medical TravelOpportunity to be part of the solution, not the problem Thank you For more information please contact Christine Caldwell, CEO EME International 1 800 639 1244 Ccaldwell@emeintl.com

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