What Are The Features Of Global Health Insurance?

By Author: Neha Sharma
Total Articles: 108

Health insurance is an ideal way to protect yourself against any health problems when you are travelling abroad. If you travel abroad on a regular basis, this global insurance is a sure shot plan of nearly full protection against any problems that might arise during the trip. In this article, we give you the features of this global insurance.

Medical Assistance 24/7
Since you have applied for a medical insurance for your health, you can easily get medical assistance anytime and anywhere you need. As the level of risks differ from location, weather conditions, environmental factors, a global health plan helps you get an overall assistance regardless of the location you are in.

Top Quality service
Most of the health insurance is tied up to certain health providers and hospitals which are established globally. Most of these health providers and hospitals have a high standard of treatment with a high level of successful treatment programs. Thereby, in the occasion of any event where your health is compromised and you need to seek treatment, not only will the insurance help you financially, you will also get the best treatment to ensure that your health becomes normal.

Extended coverage
Most of this health insurance has a group plan that extends to families. While the normal plan covers family members of four, extended plans include more family members. Some of them have special offers where these offers are extended to families, grandparents, and parents in law. This is beneficial if you are travelling on a regular basis, whereas your family only travels on selected occasions. Certain preexisting conditions are tied up with this clause that depends on age and family relation is taken into account for this insurance plan.

Co-payment and co-insurance
The co- payment clause specifies a specific charge in your insurance plans that may require you to pay for a specific medical service or supply in the event of treatment for your health. In this clause, you will pay the pre- requisite amount while the insurance company will pay the remainder. Therefore if the co – payment is low, it is beneficial for you. The co – insurance clause also works in the same way. It is the amount that you mandatory have to pay for a medical pay apart from any co – payments or that which is deductible

Standard exclusion
Each health plan has a certain set of standard exclusion clauses where certain types of disease, medical conditions and pre – existing conditions are not included in the insurance plan. Most of the plans exclude pre – existing conditions and diseases which are active for more than 4 years apart from other medical problems like STD’s, pregnancy, treatment outside the home country, experimental or unproven treatment.

Author :- Neha Sharma is a finance student who loves to write. She wishes to share all relevant and beneficial information about health insurance to those who are interested in it.