Moving overseas can be very challenging. This is especially true when you are not living alone. With international health insurance at hand, adequately preparing your children of all ages before relocation is very important and it will assist your family with the best start to a new life abroad. The following tips provide information on how to deal with different age groups when moving overseas with children.
Many expats are planning or have already booked a trip home at Christmas. When heading back 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.
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 in their country of citizenship. Annual international insurance is designed to provide ongoing coverage for medical healthcare 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 include a trip home with a home return rider.
Despite the flexibility travel insurance holds, an annual international health insurance plan will be the better of the two regarding 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 of 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 decide 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 unforeseeable risks and costs, please contact us today to discuss your international insurance needs and requirements. Toll-free number: 1-800-232-9415 or email [email protected]
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.
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.
Almost all international health plans will either include medical treatment in the USA or exclude it. Some global medical plans will give individual expatriates the option to purchase coverage in America at an extra cost. For some plans, this can mean a much higher premium while others may include it for American nationals residing abroad at a fraction of the cost.
Going abroad is a huge financial and emotional commitment for expatriates, but even more so if you add maternity to the mix. The importance of maternity coverage is even more important if you will be residing or traveling abroad, especially if your travels will take you to the USA. Travel insurance plans will generally not cover pregnancy-related expenses, especially in the last three months of pregnancy.
The World Health Organization recently declared the West African Ebola epidemic that has killed nearly 1,000 people an international public-health emergency. As the Ebola virus continues its march across Africa, international health insurance providers and their medical evacuation suppliers are continuing to monitor the precarious situation there. Some clients of TFG Global and Expat Financial which have employees in Africa are asking how their employees will be treated should they become infected with the deadly Ebola virus.
At Expat Financial, we like to give expatriates the tools and information to personalize their requirement for expatriate health insurance. Easy access to superior healthcare is a necessity for anyone living or working abroad. As you may know, in the developing world and even in some developed countries, the local medical institutions can be inadequate, costly or unattainable depending. Everyone experiences sickness and accidents in their lifetime and superb expatriate health insurance coverage is a critical step in one’s recovery and also maintaining one’s health.
