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. This is the best option for anyone who has frequent trips and stays in foreign countries, or for large families.
It can be difficult to choose an international medical plan, so you should know all the details before making a decision. It is important to choose a company that has a good reputation. This will give you the peace of heart when you travel abroad.
A basic overview of expat/expat insurance
Living abroad is an exciting experience for many people, but it can also come with some challenges. You might need to learn the language of a foreign country or adjust to a cultural difference. You may also need to find out how to use public healthcare or pay for private treatment in a hospital.
You should therefore consider purchasing an international health insurance policy to cover you for all your medical requirements, both at home as well as abroad. These policies come in different formats and can also be customized according to your individual needs.
How to Purchase Expatriate Health Insurance
Expat plans offer additional benefits including dental, vision, accident and critical illness. As an added benefit, some international health plans also offer emergency medical care and evacuation.
US Citizen Health Insurance Overseas
You may qualify for Obamacare compliant medical insurance if you are a US citizen traveling outside of the U.S. However, you can also take advantage of certain exemptions from this requirement.
IRS "Physical Presence Test". A US Citizen physically present abroad for 330 days or more per year is eligible. The Bona Fide Residence Test is another exemption available to US citizens.
As soon as you become a US Citizen and move to another country, consider getting international medical coverage. You'll avoid having problems with the visa office, as well as paying out of pocket for expensive medical bills.
Contacting an international health insurance specialist is the best way to find a policy. You can find a trustworthy advisor to help you identify your exact needs, and then recommend an appropriate plan.
Compare the costs of different expat health insurance policies. Take into consideration your age and your current health. It will help you choose the policy that is right for you and your entire family.
How to buy an expatriate health insurance plan
There are many ways to purchase international medical coverage, including online or over the phone. Get quotes from companies local to you, or talk with a trusted expert in international insurance for further information.