Baby Boomers And The Health And Wellness Tourism Industry

Baby Boomers And The Health And Wellness Tourism Industry

Much attention has been fixed on the prepatent needs of the " baby boomer engendering " which will be approach its maturity in about the year 2013. Baby boomers are those described as having been born between 1946 and 1964, considered to be the largest engendering in decades.

Healthcare providers around the world concerned about the ability of current healthcare systems to take care of their medical needs.

Baby boomers are likely to face a multitude of health and medical issues, the most common including:

Orthopedic - hip and knee problems
Obesity - weight related conditions close as diabetes, hypertension, heart disease, and stroke
Preventive care and maintenance - cancer screening, mammograms, diagnostic testing
Anti aging issues - cosmetic and dexterous surgery, anti aging and aging maintenance
Mental health - stress management, depression
Cardiac care

Health Care Providers Face Growing Demands
Baby boomers are naturally concerned about the availability of healthcare services in the future. Rising healthcare costs, longer wait times, higher deductibles, and an increasing number of physicians hesitant to add new patients to their immediate overburdened patient rosters green light many seniors irreconcilable a health care dilemma.

Health care providers are commenced overwhelmed by the demands of today ' s consumers, and face shortages in nursing, general practice physicians and service providers not only in the United States, but around the world.

Large parts of elderly populations around the world don ' t test medical care in that they are either agape by medical insurance or there are not enough service providers to store for their growing and sometimes entangled needs. However, the health and wellness tourism industry is an option available to seniors today and well into the future.

Health and Wellness Tourism
Health and wellness tourism is a growing trend in the medical and health care industry, as it offers individuals choices and options regarding quality and affordable care in a variety of international destinations around the world.

International medical care has become midpoint synonymous with vacation travel to many state - of - the - art, world - class, and famous pawn destinations around the world. Formerly limited orderly medical destinations conforming as India, Thailand and Singapore have blossomed with beefing up in the 21st century with newer, high - tech, and world - class facilities located in destinations from the Ukraine, Turkey, and Jordan, to South Africa, the Mediterranean, Switzerland, South America, and new Asian destinations like as South Korea, Japan, and Malaysia.

Big Savings
Baby boomers odyssey to international destinations may save tens of thousands of dollars on the duplicate treatments performed in the U. S., Canada and Britain, while it the identical time taking state of the art, high - tech and adept care. For example, single heart bypass surgery, depending on compulsion, may cost an typical of $25, 000 to $40, 000 in the United States, while an individual journey to destinations cognate as India may receive akin care for approximately $10, 000. A knee replacement in the United States may cost 35, 000 to $40, 000 per knee, while knee replacement surgeries and procedures in destinations equaling as Costa Rica, charge 1 / 4 to 1 / 2 twin price, all the while providing choicest, accredited, state of the art equipment and savvy and acutely warmhearted surgeons, and high - tech facilities.

As baby boomers face retirement and increasing health costs, they ' re looking for affordable and timely healthcare options. Nearly 150, 000 Americans traveled abroad in 2007 for international medical care, and numbers uncommonly extra throughout 2008 and 2009. According to the Medical Tourism Association, an estimated 23 million Americans alone will travel overseas for their medical care by the year 2017, with expenditures of almost $80 billion dollars. The numbers of Britons, Canadians, and Middle Eastern common people of countries according to as Iran and Iraq, as well as Afrikaans, are seeking international medical destinations in Turkey, the Ukraine, India, and Thailand for affordable and quality medical care.

Anticipating a dilemma and growing dissatisfaction by consumers in the ability to favor adequate and quality health care to millions of aging Americans, a growing number of health insurance companies in the United States are offering Consumer Resolved Health Plans ( CDHP ) and benefits enabling policyholders to travel to foreign destinations for their medical care in the hopes of relieving the burden on domestic health care. Medical tourism is the motion of the future, and the health and wellness tourism industry is able to meet the challenges of growing numbers of seniors seeking medical care in a multitude of fields.

Barbados Hotel Health And Wellness Tourism

Barbados Hotel Health And Wellness Tourism

Health and wellness is becoming increasingly popular all over the world as people become more aware of the dangers of malignant lifestyles and eating habits. The business of health and wellness has expanded and even extended its grasp to other trades equivalent as those who are in the hotel and tourism industry.
In the Caribbean island Barbados, the idea of holistic health is gaining phenomenal confidence over the last couple of years and can even be experienced in a Barbados hotel. A lot of businesses have down pat themselves across the cramped nation, offering services and treatments that provision to health, beauty and wellness. Jibing services take in acupuncture, reflexology, Yoga, Reiki, Ear Candling, Fitness programs and many more. They can be provided by private practitioners or skilled experts from local health spas where they offer massaging services related Subaqueous Tissue, Aromatherapy, Reflexology and Sports Massages.
The Barbadian government is currently promoting and encouraging their health and wellness tourism. According to the Envoy of Health, the basis for this is that aside from the accessible benefits for the people and tourists, several recommendations from last year by an inter -
It seems that the target market comes across as an aging population that have extended demands for fitness programs, beauty regimens, cosmetic surgery, spas and even retirement communities. Even the younger population is sob on a healthier lifestyle, especially in America, who finds it highly magnificent and gives high ratings to vacation destinations that offer spa facilities, fitness and addiction treatment.
Since the island has notorious its tourism infrastructure with high quality satisfaction and hotels, the island is forasmuch as perceived as an nonpareil platform on which this new tourism market can be built. The climate is sharpened by many, labor costs are low, communications and jewel infrastructure is true blue, Barbados hotel and tourism services are first class, population is well - pleasing and both public and individualizing health and medical service impart the services of well - gentle practitioners.
A top priority for vacationers on the island is to choose the habitat that best suits their needs and settlement. A Barbados hotel that provides excellent amenities, especially those that support fitness and healthy lifestyles, are prone much attention. Examples of hotels that produce fitness centers and spas are the touching: Sugar Cane Club Hotel and Spa, Turtle Beach Hotel, The Crane Resort and Residences, Hilton Barbados, Accra Beach Hotel and Spa, Bougainvilla Beach Resort, and Divi Southwinds.
The country intends to create a tourism product that is unique amongst others in the Caribbean region. It is therefore obligatory for them to lodge a National Health Care Quality Council in order to frame more tourists for health and wellness. This implies that high quality standards are required to guarantee that they are at world - class levels. This tourism needs to be expanded more within the island, and recent efforts from numerous hotels and well - being facilities are high and commended. Experts predict that this will become a likely trend in the market for the coming years as awareness for health further increases in obeisance.

Medical Tourism To Play Significant Role In Recovery Of Asian Economies

Medical Tourism To Play Significant Role In Recovery Of Asian Economies

Asian economies are expected to fully recover from effects of the global recession, with the medical tourism and retirement sectors touted as sunrise industries that will propel the economic rise of the region.

The Asian Development Bank ( ADB ) earlier oral that developing Asia ' s GDP would advance by 7. 5 % this year, a big leap from 5. 2 % in 2009. The projected gain scale is higher than those of other parts in the world.

According to Dr. Sanjiv Malik, Honorary Chairman of the International Summit on Medical Travel, Wellness and Retirement ( IMWell Summit ), this increase clout will be purposeful in part by international healthcare travel, with patients foundation for other countries to survey health and wellness.

More and more people from the US, UK and Europe have considered wayfaring to countries uniform India, Philippines, Thailand, Singapore and Malaysia as a doable option to getting treated in their own country, which generally have long wait times and overburdened healthcare system. The demand for medical and wellness services in Asia is robust and will still outlast to rise, " vocal Dr. Malik, an expert in global healthcare.

An industry report revealed that the Asian medical tourism industry will get by 16 % from 2010 to 2012.

The recent passage of US President Obamas healthcare reform will also positively impact the medical tourism industry. With the expansion of insurance coverage to 32 million uninsured Americans, more patients are accustomed by hospitals and clinics in Asian countries to avail of medical procedures and treatments at a articulation of the amount that they would have spent on the equivalent service in the US.

In addition, some Asian countries are also gaining recognition as retirement havens, with the silver market detached of senior public and baby boomers from Western countries inauguration their homeland for roasting destinations. Powwow the needs of this group is seen to be a major economic driver not just for the healthcare industry in the region, but also for the property sector.

Optimistic about the fast - growing medical, wellness and retirement industries in Asia, various countries have joined forces to stage the IMWell Summit, which will be held on October 12 - 15, 2010 at the Makati Shangri - La Hotel, Philippines.

" There is a growing need for regional cooperation aimed at developing and strengthening the medical travel, wellness and retirement sectors, and the IMWell Summit addresses exactly this problem. This landmark incident provides a platform where delegates and participants can dividend their thoughts and best practices, as well as find ways that will support the maturation and development of healthcare travel and retirement in Asia, " uttered Philippines Tourism Promotions Chop chop Primo Operating Ringleader Cynthia Carrion, who also acts as the Chairperson of the IMWell Summit.

The four - day accident features a full agenda that includes the works sessions on Industry Perspectives, Opportunities and Risks; Regional Opener of Best Practices; Global Opportunities in the Retirement Industry; Marketing and Branding for Global Markets; Quality Management and the Continuity of Care; and the Future of Medical Tourism and Healthcare Travel Industry.

Our topics mainspring to develop and exhilarate trade in healthcare goods and services in the diversion of participating countries and for the benefit of international patients and retirees. They also serve to clinch how organizations and countries can add to positive gains and avoid risks resulting from international healthcare travel, uttered Joyce Alumno, IMWell Summit Conference Lead.

In line with this, the action features a Hosted Buyer Program, which will prompt opportunities for companies and organizations to collaborate and forge mutually beneficial alliances. B2B interactions and one - on - one sessions will be held for buyers to meet with exhibitors and other delegates, enabling them to maximize networking and business opportunities during the development.

The IMWell Summit also includes Executive Workshops about Balanced Score Determinate in Healthcare Organization and Effective Leadership Styles in Healthcare Organization. Four crack - out conference tracks will be presented: Quality in Healthcare, Marketing, Investment and Capacity Building, and Retirement, giving an in - depth glom at each specific aspect of medical and wellness tourism.



The IMWell Summit is produced and organized by HIM Communications, supported by the Department of Tourism as Host and Presentor, and in collaboration with the Department of Health, Department of Trade and Industry, Retirement and Healthcare Confederation, Health and Wellness Alliance of the Philippines, Philippine Hall of Commerce and Industry, and Philippine Wellness and Spa Association, with HealthCORE and Asian Academy for Healthcare Executives as Erudition Aggregation.



For more information about the predicament, please visit www. IMWellSummit. com, or call ( 63 2 ) 910. 8030 or 468. 9999, or email imwellsummit@himcommunications. com.