Health tourism: the case of an Argentinian company which sent its employees to Miami to be vaccinated

Grupo Gaman, a national capital broker, recently acquired several companies and stocks, despite pandemic concerns. But that’s not its greatest peculiarity.

Like many companies, it has had to adapt to the changes imposed by the coronavirus epidemic around the world. With 155 employees in his charge and in order to maintain its functioning and to differentiate itself from its competitors, it took the initiative to pay for travel to the United States to be vaccinated against covid.

“Durante todos los meses de pandemia pagamos un bono a los empleados y una de las decisiones más fuertes que tomamos fue mandar a vacunar a los Estados Unidos, a costo de la empresa, a todos los mayores de 40 que tuvieran una antigüedad de más de three years. We ship them to Miami and some to Houston“, he says THE NATION Juan Manuel Manganaro, president of the Gaman group.

“We saw it as buying life insurance for people. Employees who had not yet had COVID and who met these requirements were vaccinated in five batches. The sixth is released on June 5, “said the businessman, adding:”No other company did and we spent a lot of money, but it is the evaluation that we have of our human resources ”.

According to the businessman, the reason for the decision is that the company has succeeded in being “one of the brokers that has grown the most during the pandemic”, a credit given to its employees who quickly fell into disuse. suitable for remote operation. “We take hard-working, hard-working, low-income people who greatly appreciate and take care of work,” Manganaro says.

Grupo Gaman has expanded its services this year with the recent purchase of the EHS and Asset Broker equity packages. From the latter, it acquired 35% of its shares as well as the gold share which allows it to align the company with the internal policies of the group.

“Whether or not it is time to buy companies, domestic companies have no choice but to move forward, no matter what the circumstances. We have no other chance but to widen our margin of safety by trying to move forward, ”Manganaro adds.

For the entrepreneur, the biggest challenges that domestic companies now face are inflation and exchange rate that impede market operations. The company has 150,000 clients, including individuals, businesses and SMEs and projects to be billed this year nearly $ 1 billion.

As the group continues to grow – it includes Quore, Alea, Nexstep and the newly integrated EHS and Asset Broker – Manganaro is cautious about the expansion process. “We have a strategy, but we are careful. We rethink it at every opportunity, because just as crises are opportunities, the values ​​of every company in the market change and there can be insurmountable mistakes ”.

The businessman reports that before the acquisition of EHS, they investigated three companies in the industry they were interested in, but they took a step to the side. “They were very injured, messy or with very high tax exposure and we are a very healthy group from that point of view. We look more at companies that have private companies and who do little business with the state. We are not very interested in approaching these companies because we are national capitals and these relations are the bread of today, the hunger of tomorrow ”, he said before adding:“ We have an ideology of transcendence. and let’s protect our families, there are 155 working. in the group and not to do business with the state, which could give them a bad reputation ”.