Expatriate Health Insurance Blog
Saturday, January 20, 2018
Filed Under: Blogging
There are two primary ways you can buy expatriate health insurance. It can be purchased with home country coverage included, or with limited coverage. Knowing which one to purchase can save you money, either at the time o purchase by not buying more coverage than you need, or at the time of making a claim, by giving you the protection you need when you need it. So which of these two types of coverage is the right option for you?
The biggest deciding factor in reviewing these options is how much time you will be spending in your native country. If you will be living in your new country 365 days a year, then limited coverage should work.It is a good idea to still have limited coverage in place (as opposed to no coverage at all) because you never know when an emergency may arise. If you plan on spending part of your year living abroad, or you are in a scenario in which you return home for a week at a time every few months, then you will want to have a more robust home country coverage option.
Every expatriate's situation is different. Different reasons ranging from work to studies to personal journeys bring them to their new countries. But one thing all have in common is the need for expatriate health insurance plans. Knowing what type of coverage you need is essential to get the best value for your investment.