Medical tourism

As word has spread about the high-quality care and cut-rate surgery available in such countries as India, Thailand, Singapore and Malaysia, a growing stream of uninsured and underinsured Americans are boarding planes not for the typical face-lift or tummy tuck but for discount hip replacements and sophisticated heart surgeries. [...] What may accelerate the trend is that some pioneering U.S. corporations ... are taking a serious look at medical outsourcing.

Here is the link to the Time article by Unmesh Kher. [Link via: Mark Thoma].