Fully Insured Medical Tourism - Employees & Employers Save Big, Gain Perks
Medical Savings Option is a Win-Win for Employees & Employers
Columbia, SC - March, 2008 – Concerned about soaring medical care cost, Morgan Armstrong, CEO, of Plan Benefit Services, sponsored the first overseas trip of American business leaders to investigate the quality of healthcare provided by three state-of-the-art international hospitals proposed for the Blue Cross Blue Shield PPO network.
Fully Insured Medical Tourism Savings for Employees
Morgan Armstrong forged this new concept with Blue Cross Blue Shield. BCBS orchestrated the international hospital program in late February 2008, becoming the first insurance carrier to offer a fully-insured medical tourism savings choice. Plan Benefit Services, Inc is the first broker to conceive, investigate, and implement the option for their clientele.
The group of CEOs fully participated in every aspect of the patient experience to test the system and confirm the superior quality touted by the international certification ratings.
The independent executives verified that the optional 'in-network hospitals' in Thailand and Singapore provided a combination of unparalleled healthcare, comfort, and financial savings for both their firm and valuable employees.
Quality Health Care at Dramatic Savings for Employer and Employee
Employees who choose this international option will eliminate their out-of-pocket insurance expenses and enjoy exotic travel benefits. Full `after-care` will be readily available through US physicians. Generous details enhance the complete program.
While savings for employees will be substantial, the employers' savings can be immense. Armstrong quantified the savings potential by re-pricing some local medical claims through the Bangkok and Singapore hospitals. The medical savings were 80 - 85% less.
These international PPO options can cumulatively generate billions in savings for employers, employees and Blue Cross Blue Shield. Employees are overwhelmingly in favor of the perks. Most importantly, this optional benefit will be a blessing for financially-strapped employees (and insured dependents) who can now obtain surgery without the financial drain of deductibles and co-pay.
Comparison of Typical Medical Procedure Savings:
No Language Barriers or Apprehensions
The inquisitive CEOs chose to track the typical patient experience, analyzing it from an employee's perspective. They flew coach (est. $1,500 RT), were greeted at the airport by English-speaking reps, were whisked through Customs with VIP ease, escorted to upscale accommodations in luxury cars, toured the 5-star hospitals, had expensive medical procedures performed, and enjoyed guided tours of exotic tourist sights. The business group was delighted with the prevalence of English fluency in the hospitals
World's Top-Ranked Hospitals
The executives who underwent medical procedures were extremely impressed by the "royal treatment" of patients. The 6-day exploratory trip unequivocally validated the superior quality of care of these world-class hospitals. The CEOs verified that their valuable employees would be in the care of highly skilled physicians and RNs.
Immediately after Plan Benefit Services' February, 2008 excursion, seven top-ranked international hospitals were approved for Blue Cross Blue Shield's PPO network of providers.
About Plan Benefit Services, Inc
Plan Benefit Services, Inc. is an innovative employee benefits broker and management firm headquartered 30 years in Columbia, SC, with a presence in Atlanta since 1980. Their integrated services and technology help employers reduce the cost and complexities of administering group benefits.
Founder, Morgan Armstrong, is renowned for his ground-breaking concepts in employee benefits and the insurance industry. Armstrong has shaped many of the savings concepts for employee benefits in the insurance industry since 1980, including the IRC 125 / "Cafeteria Plan". The Congressional Medal of Distinction was awarded in 2005 for his years of expertise provided to the Presidents of the United States and Congress.
Contacts:
Morgan Armstrong, CEO
Plan Benefit Services, Inc.
(803)791-6030
www.PlanBenefits.net
Lee Armstrong, Marketing Director
(404) 355-1492
www.LuxuryMarketingLink.com
