Monday, August 25, 2008

How has the exchange rate (us dollar) affected medical tourism?

Currencies valuations fluctuate against each other all the time. In fact, it is the largest trading market in the world. Trillions of currencies are exchanged daily.

There may be an advantage comparing countries for the most favorable exchange rate. The likelihood of a sudden shift that will affect your terms are low. Timing your medical needs will not help you in any measurable way.

The dollar seems to be strengthening recently. This may help your purchasing power over the long haul. For that matter, the destination facilities may charge a higher price to offset the difference. The net result may be that you have a better deal, but can you wait 18 months or two to three years for that currency exchange to change significantly.

Time your healthcare to your medical needs and compare two or three countries simultaneously.  Premiere Medical can help with these issues. That is what a quality outfit can accomplish.

Travel Safe, Be Well.

Jim McCormick, MD
Premiere Medical Travel Company
818.917.6189

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