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Cost

Medical tourism is one of the fastest growing industries within healthcare. Medical tourism offers a unique opportunity for employers to receive significant savings on major healthcare expenses, such as major surgeries, while providing their employees and dependents a high level of quality of care.

Many people are offering medical tourism because the half of medical cost, for example, compared in China, the cost savings is up to 70% of the cost in the U.S. while the quality can be equal to or in some cases better than the patients would receive in their home countries. American patients who have received medical care overseas "rave" about personalized treatment and being treated like "royalty" while there.

Many employers are surprised to learn that many people are familiar with medical tourism and a large portion of them are open to the concept. In a 2009 Gallup Poll, 29% of Americans said they would consider traveling abroad for medical procedures such as Heart Bypass Surgery, Hip or Knee Replacement, and Cancer diagnosis and treatment.

People are implementing medical tourism for the following reason:
  1. Savings up to 70% off
  2. Providing alternative choices for their employees
  3. Providing options with better outcomes for certain procedures

Price Comparisons between Shanghai and Other Destinations

Cost Comparison – Shanghai Vs United States of America (USA) & Other Medical Tourism Destinations. There are significant cost differences between US and Shanghai, also when it comes to medical treatment in Shanghai, not only for cost saving, but also the waiting time is almost none. This is due to the outburst of the private sector which comprises of hospitals and clinics with the latest technology and best practitioners. Listed below is the price comparison of world's leading medical tourism destinations with USA, Shanghai.

Surgery USA Panama India Thailand Singapore Shanghai
Heart Bypass $130,000 $10,500 $10,000 $11,000 $18,500 $10,500
Heart Valve Replacement $140,000 $2,700 $9,500 $25,000 $22,000 $10,000
Angioplasty $57,000 $13,500 $11,000 $13,000 $13,000 $11,500
Hip Replacement $43,000 $5,500 $9,000 $12,000 $12,000 $10,000
Knee Replacement $40,000 $7,000 $8,500 $10,000 $13,000 $10,400
Spinal Fusion $62,000 $6,500 $5,500 $7,000 $9,000 $6,500
Dental Implant $2,200 $1,000 $6,00 $2,150 $2,500 $1,500
Breast Implants $10,000 $3,900 $2,600 $2,700 $8,000 $3,500
Rhinoplasty $8,000 $3,100 $2,000 $5,300 $2,000 $2,500
Face Lift $15,000 $2,500 $4,800 $5,000 $7,500 $5,000
Hysterectomy $20,000 $6,050 $3,000 $4,500 $6,000 $4,000
Gastric Bypass $28,000 $8,500 $11,000 $15,000 $15,000 $12,000
Prostate Surgery $16,000 $3,200 $3,600 $4,400 $5,300 $3,000

* These costs are an average and may not be the actual cost to be incurred. Prices are an estimate and do not include travel costs and hotel accommodation for the patient or a companion. Travel costs, including airfare and hotel will vary depending on hotel class and also the length of stay for recovery.

For more information on cost and service SHMTPPP offers, please complete the enquiry form.