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. The insurance is ideal for those who have frequent travels and long stays, as well as for 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.
Expat/Expatriate - An Overview
It can be a great experience to live abroad, but there are also challenges. You might need to learn the language of a foreign country or adjust to a cultural difference. You may also need to find out how to use public healthcare or pay for private treatment in a hospital.
You should therefore consider purchasing an international health insurance policy to cover you for all your medical requirements, both at home as well as abroad. These policies are typically available in various formats and can even be customized to fit your specific needs.
How to Purchase an Expatriate Insurance Plan
Expat health plans typically offer more benefits than travel insurance, including accident, critical illness and dental and vision coverage. In addition, some international health insurance plans offer emergency care and evacuation as part of their benefits 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. 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 provides another exemption for US Citizens.
It's important to get an international medical plan as soon you can if you are a US citizen living and working abroad. This will help you avoid problems with the immigration department when applying for a visa and prevent paying out-of pocket medical expenses.
Contacting an international health insurance specialist is the best way to find a policy. An expert in international health insurance can help you find the right plan for your specific needs.
Comparing expat medical policies is important because you need to consider factors such as your age, current health, and other things that could affect the cost. This will help you to choose the right policy for you and your family.
There are several ways to buy international medical insurance, including online, over the phone and in person. You can obtain quotes from local providers in your area or speak with an expert on international health care for additional information.