Did you know that Medicare does not provide coverage for your hospital or medical costs outside the United States? Many private health insurance plans also do not provide coverage overseas.
Insurers that do provide coverage for overseas medical treatment might provide coverage on a reimbursement basis only, leaving you to pay the bills, file a claim and wait for reimbursement. And they might not pay for your medical evacuation back to the United States, which can easily cost $10,000 and up, depending on your location and medical condition. Travel medical insurance can cover your expenses for emergency or urgent medical care you need while overseas.
A comprehensive policy might provide additional travel assistance benefits, such as access to a 24/7 telephone hotline that provides services such as lists of English-speaking doctors, directions to nearby medical facilities, and lists of specialists.
As with all insurance policies, travel policies have limitations. Before buying coverage, make sure it provides emergency evacuation services. Does it exclude injuries you sustain while doing high-risk activities such as parasailing, mountain climbing or scuba diving? Does it cover you for pre-existing conditions? Do you need to obtain pre-authorization or a second opinion before emergency treatment can begin?
We can help you determine if your existing health policy provides the medical coverage you need.