Thursday, January 29, 2009

Health Insurance Made for Global Citizens

International health insurance plans are designed for people who are working or residing abroad. These global citizens include expatriates and local nationals who want the freedom to seek care beyond their borders. International health insurance plans have also been growing in popularity, as more people understand the shortfalls in their current domestic health insurance.
Problems with domestic health insurance coverage overseas:
Limited coverage outside of U.S.
Residency requirements – Most plans require that you physically reside in the state in which the policy was issued 6 months each year, or the policy is void.
Reductions in benefits – Coverage is reduced to “emergency only” care.
No resources such as assistance with claims, emergencies or foreign healthcare systems.
Limited coverage amounts – Benefits can be reduced substantially.
No network of providers or endorsement of doctors.
International health insurance plans eliminate the problems with domestic health insurance by providing the following benefits:
Global coverage area – Live and work anywhere in the world.
No residency requirements – Stay at home or abroad as long as you like.
Full range of benefits anywhere in the world.
Web-based resources such as global provider directories, health and safety reports, and medical translation guides.
Up to $5,000,000 of lifetime coverage.
No restrictions on doctors or healthcare facilities – and no referrals needed!

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