Increase in India Medical Care Because of Low Cost
Medical care is an important issue in today's world. When it comes to medical care, America is one of the best places to have work done. However, the best does not always mean the least expensive. People are starting to find out that they can get the same medical procedures done in India for a fourth of the price it would be elsewhere. The quality of service is just as good in India as it would be in other more expensive locations. This is causing more people with medical problems that do not have insurance coverage to go to India for their medical procedures. This affects the American economy by taking customers out of the U.S., therefore moving profits to other countries. The demand for good inexpensive medical care is high in today's society and India is now starting to meet that demand. This is creating further competition for America and other medical care facilities around the world. This is great for India's economy but will damage the American economy.