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.
Choosing an international medical insurance plan can be complicated, so it's important to know the details before you decide to make a purchase. Getting a policy from a reputable company can help to ensure that you have peace of mind while traveling abroad.
The Basics of Expat/Expatriate insurance
Living abroad can be exciting, but also challenging. You might need to learn the language of a foreign country or adjust to a cultural difference. 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 can be customized to meet your needs and are usually available in a variety of formats.
How to Purchase 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 insurance plans include emergency care and evacuation in their benefit package.
US Citizen Health Insurance Overseas
As a U.S. Citizen, you could be eligible to receive Obamacare-compliant insurance while traveling outside the U.S. You may be able to take advantage certain exemptions.
The IRS's "Physical Presence Test" allows US citizens who are physically present in another country for at least 330 days each year to qualify. Bona Fide Residence Test can also be used to exempt US citizens.
As soon as you become a US Citizen and move to another country, consider getting international medical coverage. This will help you avoid problems with the immigration department when applying for a visa and prevent paying out-of pocket medical expenses.
The best way to shop for a policy is to contact an international health insurance expert. You can find a trustworthy advisor to help you identify your exact needs, and then recommend an appropriate plan.
It is important to compare the prices of expat medical insurance plans. You should also consider your age and health status. This will enable you to find the right policy that suits you and your loved ones.
How to purchase an international health insurance policy
You can buy international health insurance online, by phone, or in person. 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.