|
There is a good chance that your health insurance will not cover you when in another country. The United States Department of State summarizes the situation quite simply: "Many health insurance plans do not provide coverage overseas."
Moreover, if a health insurance plan does cover you overseas, it may not cover you adequately. Even if your health insurance covers your medical bills in another country, it may not cover the cost of getting you back home. Medical evacuation can easily cost $10,000 or more depending on your medical condition.
The good news is that while your regular health insurance may not cover you adequately while abroad, medical travel insurance is relatively inexpensive. |
|
|
Why should you be concerned about medical coverage while abroad? The U.S. State Department lists several reasons:
- The Social Security Medicare Program does not provide coverage for hospital or medical costs outside the United States of America.
- Many health insurance plans do not provide coverage overseas. Those that provide "customary and reasonable" hospital costs abroad may not pay for your medical evacuation back to the United States which can easily cost $10,000.00 and up depending on your location and medical condition.
|
|
Read more...
|
|
|
Your health insurance may not cover you adequately on vacation, particularly if you are traveling out of the country.
Even if will pay medical expenses, it may not pay the cost of returning you to your home country, which can cost as much as $50,000.
Moreover, foreign doctors and hospitals may require payment in cash, meaning that your insurance company may need to pay foreign hospitals and foreign doctors directly.
Of course, medical travel insurance is so inexpensive, purchasing a policy is an easy choice. It can give you peace of mind and help to protect you financially. |
|
|
