If you’re planning on travelling internationally don’t forget your passport and your health insurance! Call us at iHealthBrokers today at 888-410-0344. Our services are 100% Free!
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Your insurance needs depend upon the length of your travels. Short term travel insurance is for your average vacationer, not an expat or nomad looking to backpack across Europe for the better part of a year. This type of insurance is really only going to cover medical emergencies. For example:
Emergency Medical Expenses i.e. a broken bone needing x-rays
Emergency Dental i.e. a chipped tooth
Medical Evacuation i.e. airlifting after a major event
Accidental death or dismemberment
You can choose between comprehensive travel insurance or a travel medical plan.
Many plans also offer coverage for trip interruption or baggage loss and even will provide aid in helping you find a doctor if you don’t speak the local language. However, some benefits are only offered by more comprehensive travel insurance as opposed to travel medical plans. So, you’re best advised to contact your current insurance carrier to see if your plan already offers any international benefits.
You can even get multi-trip coverage. So, if you’re planning on taking multiple trips in a given year, this is a great way to save money as opposed to a single trip plan. Just remember, you do have to return home in between travels.
Additionally, you should check to see whether your travel plan is considered primary or secondary. If it’s a primary plan, you’ll treat it as your main form of insurance while abroad. You’ll submit claims directly to the insurance carrier.
Secondary insurance will require that you have some type of primary insurance domestically. First you’ll have to submit your claim to your primary domestic insurance plan and then if and when it’s denied you’ll submit the claim to your travel plan.
If you’re going to be away from home long term, you’ll need a different type of plan. Obviously, you’ll need coverage for more than just medical emergencies. These types of plans are known as travel major medical plans and are intended for people who will be travelling for more than six months.
These types of plans are much more similar to traditional health insurance plans. Some will offer those travel specific perks like lost baggage, others will not. BUT, you may already have some of those benefits through a credit card so check in advance. You don’t need to pay for a fringe benefit if you’re already covered elsewhere.
Because these are like traditional plans, they’ll be a little more expensive and offer more coverage. You’ll need to be aware of things like:
Deductible & Premiums:
Because you’ll be utilizing these plans for a longer period of time, you’ll need to be more aware of your monthly premium. Usually plans with higher monthly premiums have lower deductibles and vice versa.
If you’ll be travelling to multiple locations, make sure your coverage will work wherever you travel. You may not be covered in certain areas or your benefits may be diminished in certain countries.
Benefits & Exclusions:
Travel plans are much more variable than domestic health insurance. Read the terms of your plan carefully to make sure that the benefits that you need are covered. Additionally, you may find that your medical needs as a result of certain activities are excluded. Usually these are high risk activities such as skydiving or rock climbing.
Because these plans are so customizable, you may be able to add additional benefits such as
BUT usually adding benefits will increase your premiums so weigh your needs and budget carefully. You may be able to afford quality care locally and pay without insurance depending upon where you travel.
If you have any further questions, please feel free to contact us here at iHealthBrokers at 888-410-0344 or https://ihealthbrokers.com/
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