The Real Cost of Medical Tourism

By Bloomberg Rankings and Nikhil Hutheesing - 2012-10-24T14:18:10Z

Photograph by Charles Sykes/AP Photo

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Orthopedic Surgeries

Celebrities such as Regis Philbin and Jane Fonda have had hip replacements in the U.S. Many Americans, though, travel abroad for orthopedic surgeries. One popular destination is Israel. The cost is about 50 percent lower than in the U.S., while the care is considered high quality. Plus, some believe they have a better shot at a miracle in the holy land. "American Christians feel that because Jesus was healed in Israel, they could be too," says Stuart Katz, CEO of IsraMedica, a medical tour agency. Although, he adds, "We don't profess that." The Assuta Hospital in Tel Aviv, approved by the Joint Commission International, is one choice of Americans. An even cheaper option is, again, Costa Rica.

$50,000: Cost of hip replacement in the U.S.
$25,000: Cost in Israel

Closer to home:
$12,500: Cost in Costa Rica

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