If you're an international expatriate or just visiting, a living abroad health policy can give peace of heart and protect your finances. This is the best option for anyone who has frequent trips and stays in foreign countries, or for large families.
Selecting an international insurance plan is a complex process. Therefore, it is essential to be informed before you purchase. You can travel with peace of mind if you purchase a policy through a reputable insurance company.
A basic overview of expat/expat insurance
It can be a great experience to live abroad, but there are also challenges. You may have to learn a different language or adapt to a different culture. You might also have to learn how to pay for private hospital treatment or use the public healthcare system.
A comprehensive international medical insurance plan will cover your medical expenses both at home and abroad. Typically, these policies are available in several formats and can be tailored to suit your specific needs.
How to Buy an Expatriate Insurance Plan
Expat insurance plans tend to be more comprehensive than travel plans and include benefits like accident, critical illnesses, dental, vision care, and others. In addition, some international health insurance plans offer emergency care and evacuation as part of their benefits package.
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. You may be able to take advantage certain exemptions.
IRS "Physical Presence Test". A US Citizen physically present abroad for 330 days or more per year is eligible. Bona Fide Residence Test also qualifies US citizens for an exemption.
Consider getting an international health insurance plan if you're a US resident who's living and working outside the US. This will help you avoid problems with the immigration department when applying for a visa and prevent paying out-of pocket medical expenses.
It is best to speak to an expert in international health insurance to help you find the right policy. It can be an advisor you trust who can determine your needs and then recommend a plan that meets them.
It's important when comparing medical insurance for expats to take into account your age, your health and any other factors that may affect your costs. This will enable you to find the right policy that suits you and your loved ones.
How to buy an expatriate health insurance plan
Online, over the telephone and in person are all ways you can purchase international medical insurance. Get quotes from companies local to you, or talk with a trusted expert in international insurance for further information.