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Investment Sector: Equities
Submitted by Rajiv contact me , An Investor... at Bank Of Baroda....migrating to USA
4 months ago
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Under the post "Some answers I try to give...... " which I wrote....here... [ Login to Propose An Edit ]





Friends,

Under the post "Some answers I try to give...... " I wrote here 21 days back i.e.on 4th of July 2008.....

I wrote:

"No one on the earth imagined that Gas prices can go up to $4.5 /gal and milk can be equally costly……With the Minimum wage not going up which is 6.3/hr , how can a person will able to run his/her house…in USA?

It just comes to $ 1000 /mn and if tax are deduced what can be the salary?

No wonder , according to present poll, 50% of US citizens do not have Medical Insurance.When Medical Insurance is needed the most, 50% of Americans do not have it.Why? because they can’t afford it…..!Wow!

I have migrated from India to USA  in last Feb 2, 2008.I use to read , watch and hear channels and papers etc.<u>I get perturbed looking at the situations of people when I see them living on hourly jobs.I also come in same category.Maybe that is the reason I am able to look it from so near.</u>Yes, I am also doing an hourly job……and not still able to find a decent job of my subject and liking, but I have to start somewhere as I can’t go on living without any livelihood as I have a family with me."

  I demanded for an increase of hrly  job rate which though coincidently but has been heard or rather say Fed was thinking the way I was thinking and we saw a rise of 70 cent per hr jobs....which was declared 2-3 days back....I am happy to note here that what I am writing here is right on dot and it is coming so timely.....there is still lots to be done on Medical Insurance front....as almost 50% of the US population is without any insurance as they can't pay the premium......the premium of the whole family should come down.

India is the cheapest destination  for any major operations which costs here 10 times more then India.Collobarate with Indian Medical Association and take the patient to India if not it is an emergency operation....the Medical Premium will go 1/10 of what is now in USA and that will be  a great great relief to lower Middle class......

I hope someone at helm reads this or think like this.I think the Medical business and their players has made billions of dollars in past decades and now is the time for them to pay back......

Just imagine, a Heart Operation cost $60,000 minimum in USA means Rs 24 lacs Indian rupees, where as in India it is just 2.4 lacs rupees for the entire opeartion......

There can be a growing business in USA to take patients to India and thus decreasing the premium.I am reading that Co are luring employees to take this option, if needed to have operation in India or Thailand or Malaysia ....and thus save Co from paying huge premiums to the Medical Insurance Co.

This is also one place where business will flourish in both countries....Viz India and USA as now India has come more nearer to USA after the Indian Government won the vote of Confidence for passing the N Deal with USA.....




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#1 | Lizsmile_thumb Liz @ 4 months ago
User Rank : 662 Portfoilo Balance: $216,918.00
Comment Rating: 0
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I remember Lovephileo was talking about this "Medical Tourism" in Philippines, check out http://www.fingad.com/review/show/medical_tourism_inthe_phil ippines_an_emerging_cluster




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