Living, working, or studying abroad can be an exciting adventure. As you make plans for your new life in a foreign country, one important thing you don't want to forget about is expatriate or international health insurance. With so many insurance options available, it can be challenging to know which one to choose. In this article, we will explore the best options for expat health insurance and provide a comparison of the most important features of each plan.
Why Do You Need Expat/International Health Insurance?
Just like you need health insurance at home, you also need health insurance if you plan on living in another country for more than 6 months. Many countries also require proof of medical insurance before granting you a visa or work permit. While living abroad, you'll still need regular check-ups, treatment for health issues, and a plan in place in case of emergencies. Most importantly, your health insurance needs to cover you worldwide.
Why Can't You Rely on Your Home Country's Health Insurance?
Your health insurance from your home country won't cover you while you live in another country long-term. Additionally, if you're not a citizen of the country you're moving to, you won't be covered by its public healthcare system. This is why you need to purchase expat or international health insurance to ensure you have comprehensive coverage while living abroad.
Difference Between Travel Insurance and Expat/International Health Insurance
It's important to understand the distinction between travel insurance and expat/international health insurance. Travel insurance is typically purchased for short stays, usually less than 6 months, and covers medical emergencies that occur overseas. On the other hand, expat/international health insurance is designed for individuals or families living abroad long-term and provides comprehensive coverage for various healthcare needs, including preventative care, dental, vision, and more.
The Best Companies for Expat/International Health Insurance
Here are the top 7 companies that offer excellent expat/international health insurance plans:
1. Cigna
- Pros: Three plans to choose from, flexible deductibles, 24/7 multilingual customer service, comprehensive coverage.
- Cons: Personal information required for a quote, basic plan doesn't cover maternity care.
2. IMG
- Pros: Multiple plans available, cash incentives for choosing preferred facilities, extensive network of doctors and facilities worldwide.
- Cons: Coverage ends at 75 years old, basic plan doesn't cover maternity care.
3. Now Health International
- Pros: Customized plans, clear information, excellent customer service, coverage in 194 countries and territories.
- Cons: 12-month waiting period for maternity coverage, reimbursement system for certain procedures.
4. Allianz Worldwide Care
- Pros: 24/7 international customer support, direct provider billing, coverage in all continents, additional services available.
- Cons: Limited plan options, not very clear about coverage limits on the website.
5. Safety Wing
- Pros: Easy-to-use website, coverage for COVID-19, clear information about what each plan covers.
- Cons: Higher fees for coverage in certain countries, extensive personal information required for a quote.
6. Foyer Global Health
- Pros: Personalized plans, customization options, coverage in multiple countries.
- Cons: Basic plans have limited coverage, customer service could be more streamlined.
7. Global Underwriters
- Pros: Comprehensive coverage, medical evacuations and emergency dental care included, assistance in case of interruptions during the trip.
- Cons: Limited coverage in certain states and countries, 5 euro fee for emergency support.
These insurance companies offer a range of plans and coverage options to meet the diverse needs of expats and immigrants. It's essential to compare the plans and consider your specific requirements before making a decision.
Conclusion
Living abroad is an exciting opportunity, but it's crucial to have the right health insurance coverage to protect yourself and your family. By choosing one of these reputable international health insurance companies, you can have peace of mind knowing that your medical expenses will be covered while you explore the world. Remember to consider factors such as coverage limits, deductibles, and specific needs like maternity care or pre-existing conditions. Get a quote from each company to find the best plan for your unique situation.
