Are you ready for the Christmas Holidays? What about including expat health insurance?

Many expats are planning or have already booked a trip home in Christmas. When heading home from an expat assignment we need to get a list of things such as plane tickets, gifts, hotels, etc. However, many may forget one less obvious thing: international health insurance. Be aware of your options for health care insurance coverage while you are celebrating Christmas with your family this winter.

In order to get the best protection, most expats will select the most common and relevant plans like travel insurance or annual international health insurance. Travel insurance is designed specifically to provide medical coverage while the policyholder is not at their country of citizenship. Annual international insurance is designed to provide ongoing
coverage for medical health care anywhere in the world. Expats may have coverage that only covers them in their expat assignment country, so they may want to get travel medical insurance for short trips abroad. If an expat is traveling home, he or she should make sure that the travel medical insurance plan will cover a trip to one’s country of citizenship. Some plans will cover a trip home with a home return rider.

Despite of the flexibility travel insurance holds, an annual international health insurance plan will be the better of the two in terms of the actual level of coverage and service. This is because travel plans are designed to cover emergencies only incidents outside one’s country of citizenship. Many people may not realize that travel insurance plans will exclude any medical costs related to conditions such as pregnancy, pre-existing medical conditions, and accidents from sports, etc. In fact, travel insurance plans have more exclusions than an ordinary health insurance policy and many people are too late to know. International health insurance plans offer international direct
billing and can reimburse you for expenses much faster. You don’t need to pay for most medical expenses out of pocket.Furthermore, international insurance is a long-term medical plan focusing on recovery regardless restrictive time limits and location. For example, if you applied for medical travel insurance and had an accident during your trip, you won’t be approved for coverage extension even though you need the treatment. When your travel insurance is coming to an end, you will be underwritten again and the extended travel policy will not cover the treatment. However, international health insurance will still cover your expenses for the injury if you decided to extend your trip.

Finally, an international health plan will generally cover you globally excluding or including the USA. If you are an American expat, make sure that your expat health plan covers the USA if you plan to take a short visit home. Another option is to purchase short term travel medical insurance for that trip to the USA, but make sure it covers you in your country of citizenship while living abroad.

Expat Financial offers a variety of international insurance plans on a group or individual basis. To maximize your expat experience and avoid unforeseen risks and costs, please contact us today to discuss your international insurance needs and requirements. Toll free number: 1-800-232-9415 or email to: info@tfgglobal.com

Why expats should consider international health insurance over a local medical plan

When you are an expatriate living abroad, you are initially faced with the question of local versus international health plan? Which is better for my expatriate assignment, long term travel or overseas retirement? Some countries can offer local health coverage to expatriates after an initial waiting period. However, the truth is, the local medical plans are not designed for expatriates. An international health insurance plan can provide superior coverage for you and your family that will cover you both locally and globally.

Local health plans are designed to cover a local national, not an expatriate who may want to seek medical treatment back in his or her home country or in another country. Almost all local health plans will not allow an expatriate to seek medical care outside the country of domicile. If you are an expatriate living in a less developed country, it is even more important to obtain an international health plan that will allow for global medical treatment because the local medical facilities may not be up to western standards. You may also require a plan that will provide medical evacuation coverage in case the local hospitals are not able to adequately treat your medical condition. Evacuation coverage is a key feature of any expatriate insurance plan.

Another problem with local health plans is that if an expatriate is posted to another country, the local coverage will not move with him or her. Expatriates are naturally mobile people who require portable coverage. This is especially important for expat employers who often move expat assignees from one country to another. If an expatriate has developed a pre-existing medical condition while being covered by a local health plan, they may find it difficult to become insured by a new medical insurer in the new country. The portability that a global health plan provides is a key feature of any group or individual health insurance plan.

Local plans are often not set up to allow for coverage when an expatriate returns home for a vacation or extended leave. Also, if an expatriate suffers a serious medical illness, he or she may want to seek medical treatment back in the home country. Again, only an international health plan will allow for medical treatment back in an expat’s county of citizenship.

Not only will international health insurance plans provide flexible worldwide coverage and freedom of comprehensive world-class services, they come with the peace of mind that expats require. It is also important that you obtain an expat health plan that will allow for medical reimbursement from the local and global medical facilities. This will help you maintain a successful international experience for you and your family.

Expat Financial offers a variety of international insurance health insurance plans on a group or individual basis. To maximize your expat experience and avoid unforeseen risks and costs, please contact us today to discuss your international insurance needs and requirements. Toll free number: 1-800-232-9415 or email to: info@tfgglobal.com

 

Cigna individual expat health plan is offering cash back promotion for month of October

Amazing news for all you global expats. Cigna International is offering a simple Cash Back offer for the Month of October.  This first time promotional period runs from October 1, 2015 through October 31st 2015.  So if you are in the market for an international health insurance plan, this would be a great time to get a quote and apply.

Four Easy Steps

  1. Purchase a Cigna Global Individual Medical Insurance policy within the promotional period 1st Oct 2015 – 31st Oct 2015. (min. value $1,000)
  2. Wait 90 days after the policy start date.
  3. Complete the online claim form via Cign’s customer web site after you approved via our site (no later than 120 days from the policy start date).
  4. You will  receive the cash back directly into your bank account!

Final premium and coverage are subject to medical underwriting by Cigna and policy is subject to their plan terms and conditions and is not available in certain countries. Plan must be approved in October 2015. For more details, please contact us.

The Global Health Options plan from Cigna provides access to a large network of hospitals, clinics and medical practitioners. The expat health plan offers three distinct levels of cover: Silver, Gold and Platinum.

The Cigna global medical insurance plan offers very generous benefits with excellent claims and administration. You can rest assured that you are covered by a large global insurance company backed by superior underwriting and service. Obtain a quote and even purchase online. The plan is not available to local nationals residing in their country of citizenship (except in Singapore or HK) – only for expatriates. More details are available via our Cigna international health insurance page.