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Michael G. Zey, Ph.D. Exec. Director, The Expansionary Institute Professor, Montclair State University 2008 World Future Society Conference.

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Presentation on theme: "Michael G. Zey, Ph.D. Exec. Director, The Expansionary Institute Professor, Montclair State University 2008 World Future Society Conference."— Presentation transcript:

1 Michael G. Zey, Ph.D. Exec. Director, The Expansionary Institute Professor, Montclair State University 2008 World Future Society Conference

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4  “Ageless Nation” (New Horizons/Kensington)  “The Future Factor” (Transaction Books/ McGraw- Hill),“Seizing The Future” (Simon and Schuster/Transaction Books)  Visit: WWW.ZEY.COM - The Expansionary TimesWWW.ZEY.COM  Forthcoming Book on Future Economy (late-’09)  TV/Radio Appearances  Futurist Magazine articles

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9 1 Million Americans, 100,000 in U.K Sought Treatment Overseas In 2007, 272,000 medical tourists spent $656 Million in India High Satisfaction Rate 2010: Medical Travel $40-Billion Business, 780 Million Patients Treatments For Valve Replacement, Hip Replacement, Liver Transplant, Dental Work, Surgical Oncology.

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12 Lower Medical Costs Lower Medical Costs Lack of Adequate Health Insurance Lack of Adequate Health Insurance Superior Service Superior Service Treatments Not Available in Home Country Treatments Not Available in Home Country Combination Tourism/Treatment Combination Tourism/Treatment

13 SurgeryUSIndia Bone marrow transplant$400,000$30,000 Liver transplant 500,000 40,000 Open hear surgery (CABG) 50,000 4,400 Neurosurgery 29,000 8,000 Knee surgery 16,000 4,500 Comparative Price ListComparative Price List Source: IBEF Research

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15 Mega-Growth Mega-Growth Mental HealthTourism Mental HealthTourism Falling Prices Falling Prices From Medical Tourism to Medical Research From Medical Tourism to Medical Research

16 Fuel/Travel Costs Currency Imbalances Complexities of Health Care Programs Telemedicine

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