Learn How to Choose Your International Health Insurance Policy When Living Abroad
In this article, we will discuss how you can choose global health insurance plan or policy if you are an expatriate living abroad or you are about to become one.
We understand that moving abroad is a big deal. There will be many things you will need to organize before you go, including health insurance. There are several factors to keep in mind when choosing international health insurance, including:
- How are pre-existing conditions handled?
- What is the process for making a claim?
- Is the health insurer able to process global health insurance claims?
- What is the medical network like where you are living?
- How easy is it to access healthcare services abroad?
- Does the policy fit your needs or is there anything missing?
Having good expat health insurance in place is important no matter where in the world you live.
1- Check what type of coverage is available
For expats living abroad, it is very common for them to need an international plan to cover them in the many countries they visit. If you are someone who travels back to your home country frequently, then you will want to consider an international policy that will cover you in the country you are living in and also in the country you are from.
Many major health insurers will offer you this option to be covered in your home country. That is why it is important to check to see what area of coverage will be included in your plan. It will be a big benefit for you to be covered in both countries, especially if you travel back and forth between countries frequently.
2- Choose an expat health insurance plan that is tailored to suit your needs
This is very important to remember when you are choosing your expat international health insurance plan, your plan can be tailored to suit your needs. So this means that if you have specific requirements for you or for your family, be sure to keep these needs in mind and discuss them with the health insurer that you choose.
For example, many major health insurers will offer expats extra benefits, such as dental care, maternity coverage, cancer coverage or medical evacuation and expatriation costs. If you require any of these additional benefits on your plan, try and select them here.
These extra benefits may come at an additional cost, but it can be worth it for the right health insurance plan.
3- Research what the rules are in your new country
It is very important to do your research before you move to your country. Depending on the country you are moving to, you may be legally required to buy a health insurance plan.
Try to keep this is mind when you are preparing to move. If you are moving to a country where it is legally required, you will definitely need to purchase your health insurance plan before you move.
This will be a big help to you and cut out any unnecessary difficulties upon arrival in your new country.
4- Plan ahead for your health costs
Remember this, if you do not have an international health insurance plan, you are putting yourself at risk of paying for your medical bills out of your own pocket. These costs can quickly become very high.
But having an international health insurance plan can help. That way, you will receive coverage in your policy for medical bills and your health insurer will pay this for you as part of your plan. This can keep financial costs down and will be very important for you.
5- Get access to great healthcare facilities and more freedom of choice
Finally, remember that one of the biggest benefits of having an international health insurance plan is that it offers you access to healthcare facilities as a private patient. Most major health insurers will offer you access to their medical network, which can include access to a high standard of healthcare facilities.
This can be extremely valuable to you and help cut out on waiting times. You will also receive the added benefit of having more freedom of choice when it comes to which doctor or medical center you use.
In many cases, you will be given the option to select your choice of doctor, hospital and even the time of your medical appointment.
Expat Financial – An Expat Health Insurance Resource for Global Citizens
Expat Financial offers international health insurance plans for individual expats as well as those who would like cover for their entire family. Note that expat health plans for individuals are subject to medical evidence and your premium and coverage is also subject to the insurance company’s underwriting approvals. Get a global health plan you can afford BEFORE you need it – that’s how insurance works.