Whether you're an expatriate or simply visiting a foreign country, living abroad health insurance can provide peace of mind and protect your financial security. It is an excellent option for long-term travelers and families who need to cover all family members.
The process of choosing an international medical insurance policy can be complex, so it is important to understand the details prior to making a purchase. It is important to choose a company that has a good reputation. This will give you the peace of heart when you travel abroad.
Expat/Expatriate Health Insurance: A Basic Overview
For many, living abroad can be an exciting and challenging experience. It may be necessary to learn another language or to adapt to a completely different culture. You may have to figure out how to get public health care or pay for private healthcare in a medical facility.
In order to ensure that you are covered for any medical emergencies abroad or at home, it is best to purchase an international insurance policy. These policies come in different formats and can also be customized according to your individual needs.
How to Buy an Expatriate Insurance Plan
Expat health plans typically offer more benefits than travel insurance, including accident, critical illness and dental and vision coverage. Some international health insurance plans include emergency care and evacuation in their benefit package.
US Citizen Health Insurance Overseas
As a citizen of the United States, you may qualify for Obamacare-compliant health insurance when traveling abroad. You may be able to take advantage certain exemptions.
IRS Physical Presence Test: A US Citizen that is physically present for 330+ days in a country abroad per year can qualify. Another exemption for US citizens is the Bona Fide Residence Test.
You should look into international medical insurance as soon as you can, if your are a US national who lives and works in another country. It can save you from having to deal with problems at the immigration office and paying expensive medical bills out of pocket.
Contacting an international health insurance specialist is the best way to find a policy. It can be an advisor you trust who can determine your needs and then recommend a plan that meets them.
It is important to compare the prices of expat medical insurance plans. You should also consider your age and health status. It will help you choose the policy that is right for you and your entire family.
How to purchase an international health insurance policy
Online, over the telephone and in person are all ways you can purchase international medical insurance. You can also get quotes from local companies in your area, or you can speak with a trusted international health insurance expert for more information and guidance.