What is Expatriate Health Insurance?

Posted in Health Insurance

January 13th, 2009

Sometimes people choose to live and work abroad. Americans that decide to settle indefinitely in other countries are usually known as expatriates. This can be an exciting time, full of new experiences and different cultures. Any extended stay in a different country should offer all kinds of surprises. One surprise that should be avoided, however, is a medical emergency. This is why many people will purchase an expatriate health insurance plan.

What is the Difference Between an Expatriate Health Insurance Plan and Other Plans?

There is not a huge difference between expatriate health insurance and any other short-term health insurance policy. These types of policies can usually be purchased in advance. It is important to research any expatriate health insurance plan prior to relocating internationally as many plans are only offered through American insurance companies. Once an Expatriate Health Insurance plan is purchased, the insured can travel freely overseas from country to country knowing that they are covered (according to the terms of their policy) in case of a medical emergency. It is important to remember, however, that once they return to the US, their expatriate insurance coverage does not apply and they are not covered. The insured may want to look into repatriation coverage as well.

Expatriate Health Insurance Coverage May Be a Better Choice than Travelers Insurance

The major difference between a traveler and an expatriate is time. A traveler may spend only a few weeks or months abroad. An Expatriate may choose to live in another country indefinitely. Although a travelers health insurance policy is a wise choice for those traveling over extended periods of time, an expatriate health insurance plan may provide more coverage and benefits for a longer period. Also, depending upon the terms of the plan, an expatriate health insurance plan may cover more medical needs, such as medical evacuation. The plan may also assist the insured in locating suitable medical facilities in more questionable areas abroad.

It is vital that you examine your expatriate health insurance plan prior to relocating so that you know exactly what type of coverage you have before you may need it.