Expatriate Health Insurance Blog
Friday, July 21, 2017
Whether you are living or working abroad, you need expatriate health insurance since you are not a citizen of the respective country. The public healthcare system will only cover the very basic medical services which, in most cases, are almost nothing. When purchasing expatriate health insurance you have to make sure you get the most benefits for the price you are paying.
The first thing you have to check is whether or not the insurance provider is regulated in your country of origins. In order to avoid problems upon payment of the claims, you have to make sure you choose the proper provider. Verify the track record of the company, its reputation, and the way they handle claims. Make sure you choose a reliable and well-respected insurer.
Next, you have to carefully study inclusions and exclusions. It is very important that the insurance provider covers emergency medical evacuation benefits. This is one of the most significant features that you have to pay attention to, especially if your new home is situated far from medical services.
Check the list of exclusions of the policy. Check if the exclusions are exposing you to any risks. Your expatriate health insurance should cover all potential risks that may arise in the area you are relocating to. Check also the list of pre-existing medical conditions that are normally excluded from a policy. Ultimately you need to make sure you choose the best insurance product for your situation. Remember that not all policies are the same and that the insurance market is a highly competitive market with a diversity of products.