Finding the right health insurance has become a complex almost frightening experience. If you are moving to another country it is even more difficult to find a plan that will fit your needs while abroad. Finding the right health insurance plan before to leave will give you a peace of mind, in at least one area, allowing you to concentrate on the reason you are moving to a foreign land. Domestic health insurance plans and plans for the expatriate are similar and offer many of the same coverages. You can find expatriate plans that offer dental, major medical with various deductibles,prescription coverage and several of the common coverages available in a domestic plan.
When do you need expatriate health insurance coverage?
You will require the expatriate health insurance coverage in any of the following situations:
Scenarios under which the expat health insurance is useful
The expat health insurance will prove useful in situations where you:
Meet with a minor or catastrophic accident – There is always a chance you could meet with and accident while abroad. Accidents are not only unfortunate, but they can cause great financial loss if not properly covered by an insurance plan. With expatriate health insurance coverage, you will receive the care you need with out the crippling costs of health care today. The coverage will provide you for expenses such as x-rays, surgery, emergency room visits, ambulance service, etc.
Suffer from a disease – Every medical need is not caused by an accident. It is possible that you could contract a serious disease. Just like in the case of an accident, you are covered. Immediate medical attention and, if required, hospitalization is provided by your expatriate health insurance plan.
Require regular visits to the physician – You might be suffering from long term medical problems such as high blood pressure, diabetes or arthritis. In all such cases, you need to visit the physician regularly. Expatriate health insurance coverage will take care of all these visits.
In the case of an accident or an illness you can imagine what adequate medical care would cost and its financial impact on you and your family if you do not acquire expatriate health insurance before starting your journey.
Discuss your expatriate health insurance plan with your broker before you decide to buy it. Discussions with a licensed health insurance broker will always help you to understand the benefits provided under any health insurance plan.
When do you need expatriate health insurance coverage?
You will require the expatriate health insurance coverage in any of the following situations:
- Traveling to another country
- Overseas missionary work
- Working in a foreign country either for long or short durations
- When you think of retiring in a foreign country
Scenarios under which the expat health insurance is useful
The expat health insurance will prove useful in situations where you:
Meet with a minor or catastrophic accident – There is always a chance you could meet with and accident while abroad. Accidents are not only unfortunate, but they can cause great financial loss if not properly covered by an insurance plan. With expatriate health insurance coverage, you will receive the care you need with out the crippling costs of health care today. The coverage will provide you for expenses such as x-rays, surgery, emergency room visits, ambulance service, etc.
Suffer from a disease – Every medical need is not caused by an accident. It is possible that you could contract a serious disease. Just like in the case of an accident, you are covered. Immediate medical attention and, if required, hospitalization is provided by your expatriate health insurance plan.
Require regular visits to the physician – You might be suffering from long term medical problems such as high blood pressure, diabetes or arthritis. In all such cases, you need to visit the physician regularly. Expatriate health insurance coverage will take care of all these visits.
In the case of an accident or an illness you can imagine what adequate medical care would cost and its financial impact on you and your family if you do not acquire expatriate health insurance before starting your journey.
Discuss your expatriate health insurance plan with your broker before you decide to buy it. Discussions with a licensed health insurance broker will always help you to understand the benefits provided under any health insurance plan.
