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.
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. By choosing a reputable insurer, you can ensure your peace ofmind while abroad.
Expat/Expatriate - An Overview
Living abroad can be exciting, but also challenging. You may have to learn a different language or adapt to a different culture. You may also need information on how to access the public healthcare or pay private fees in a clinic.
It is therefore best to get an international medical policy that covers your medical needs both abroad and at home. 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 insurance plans usually offer a wider range of benefits, such as dental, vision and critical illness. Some international health care plans also include emergency treatment and evacuation within their benefits.
US Citizen Health Insurance Overseas
If you're a U.S. citizen and traveling outside the U.S., you might be eligible for Obamacare medical insurance. However, you can also take advantage of certain exemptions from this requirement.
A US Citizen who is physically present in a foreign country for 330 or more days per year qualifies under the IRS "Physical Presence Test". Bona Fide Residence Test also qualifies US citizens for an exemption.
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. You'll avoid having problems with the visa office, as well as paying out of pocket for expensive medical bills.
The best way to shop for a policy is to contact an international health insurance expert. An expert in international health insurance can help you find the right plan for your specific needs.
When comparing expat medical insurance policies, it's important to consider your age, health status and other factors that might impact your costs. 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 several ways to buy international medical insurance, including online, over the phone and in person. You can get quotes from local insurance companies or speak to an international health insurance expert.