CHOOSING AN INSURANCE PLAN - RATES AND BENEFITS

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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

WHAT TO LOOK FOR WHEN RATES ARE TOO GOOD TO BE TRUE

The benefits are the first thing to look at. Lay the Benefits page side by side with the plan you are presently using or one that you want to compare it with. Are the deductibles the same? Is the plan deductible per incident or per calendar year? Is the co-insurance the same? What about co-insurance for overseas? Is it the same? What about the benefit period? Is there a six-month benefit period from the time of injury? Will the insurance reimburse for medical care received in the USA? What is the maximum coverage for the two plans? Is one providing $10,000 of maximum coverage and the other $100,000? What about medical evacuation? Is it included in the medical limit or a second benefit from the medical limit of the plan? Check the pre-existing condition policy. Is there a waiting period for pre-existing condition coverage? If so, how long?

Generally speaking, if the rates of one plan are 15 percent or more lower than another, there is a variance in the benefits. If companies are offering the same benefits, generally the premium is very close. You can get a good comparison of short-term plans at:

http://www.gninsurance.com/short_term.asp , and for career plans at: http://www.gninsurance.com/career_plans.asp .