LIBRARY OF INTERNATIONAL MEDICAL AND HEALTH INSURANCE INFORMATION AND RESOURCES
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This page contains dozens of short articles that will help you quickly understand international insurance. For example, terminology, purchasing details and managing your insurance coverage are topics that are all covered within these articles. Choose an Article From the Topics Below

INTERNATIONAL HEALTH INSURANCE

   

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CHOOSING AN INSURANCE PLAN

CHOOSING A HEALTH INSURANCE PLAN-- WHAT TO LOOK  FOR
CHOOSING A HEALTH PLAN
AVOID BEING DECLINED FOR HEALTH INSURANCE
CONTROLLING UNBEARABLE INSURANCE RATES

SPLITTING POLICIES--A WAY TO SAVE MONEY
HOW LARGE A DEDUCTIBLE SHOULD I CHOOSE?

HIGH OR LOW DEDUCTIBLES--WHAT'S BEST?
WANT TO SAVE MONEY? CHOOSE A HIGH DEDUCTIBLE
HOW MUCH SHOULD I REVEAL ON MY APPLICATION?
AUTOMATIC CREDIT CARD DEDUCTIONS

THE LARGE PRINT GIVETH, THE SMALL PRINT TAKETH AWAY

WHEN SHOULD I SUBMIT MY INSURANCE APPLICATION?

FINALLY! CAREER HEALTH INSURANCE FOR SINGLE WOMEN
THE WISDOM OF A HIGH DEDUCTIBLE

OPTIONS FOR COVERAGE OF PRE-EXISTING CONDITIONS
“STRONG” & “WEAK” CAREER INTERNATIONAL HEALTH PLANS

MEDICAL EVACUATION – HOW MUCH COVERAGE DO WE NEED?

LOW DEDUCTIBLE. HIGH DEDUCTIBLE. WHAT’S BEST?
FOUR DIFFERENT TYPES OF CAREER HEALTH INSURANCE PLANS

WHAT TO LOOK FOR WHEN RATES ARE TOO GOOD TO BE TRUE
HEALTH INSURANCE COVERAGE HERE, THERE, OR HERE & THERE?
TEN REASONS TO PURCHASE GLOBAL CITIZEN.
WHEN IS A PLAN WITH A STRICT PRE-EXISTING REQUIREMENT A GOOD IDEA?
HEALTH RATES IF COVERAGE IN THE USA IS EXCLUDED 


THE WISDOM OF A HIGH DEDUCTIBLE

More and more insured are asking for a high deductible when they purchase insurance, but “high” generally means $1000. It is true that the $1000 deductible is the most cost- effective. Just compare the following annual rates for a male between 35-39 on a good global plan: $250d = $1322; $500d = $1175; $1000d = $909; $2500d = $805; $5000d = $658; $10,000d = $517.

If a person goes from a $250d to $1000d, he can save $413 a year. If he does not have any major medical costs in two years, he will save $826, which is nearly enough to pay the $1000 deductible his third year on the plan. During my career overseas I was in the hospital one time in 30 years with Hepatitis. Thus with a deductible of $1000, I would have saved $12,390 over those 30 years. Similar savings would also be available for other members of the family.

You will notice, however, when you jump from a $1000d to a $2500d, the savings are minimal--only $104 a year--even though you are adding $1500 to the deductible. So the most cost-effective deductible at the present time is the $1000 deductible.                                                                            

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