HMOs (Health Maintenance Organizations) and PPOs (Preferred Provider Organizations), to say the least, are not the best of friends! One thing HMOs do in their marketing is to claim that they have “no deductibles.” Of course this is a slam at PPOs that have deductibles. Yet HMOs don’t mention that if a client goes into the hospital on many of their policies there is a co-pay of $250 or $500. This large co-pay in some ways is similar to and often larger than some deductibles. Also, most people don’t realize that even though you may have a $500 deductible with a PPO you still have small co-pays if you visit a doctor. Generally, the doctor’s office visit, lab work, and x-rays are all covered with just the co-pay with no extra charge to the insured. This is very similar to how HMOs work. So, when does the deductible kick in? Usually for outpatient surgery, emergency room, and in- hospital stays. “Deductible” is not a dirty word. In many ways it is just a variation of a large co-pay. Most international policies are “classical” PPOs, and, according to my knowledge, none have co-pays. They could all be classed as “traditional” insurance; that is insurance that works from a deductible, co-insurance, and then total coverage. Good Neighbor Insurance – for international health and travel insurance
Clicking the “buy insurance” button when buying an online ticket most likely will offer only very basic coverage. This may be fine if your trip doesn’t cost much and if your itinerary is not a complicated one. But if you have multiple stops over a longer period of time with expensive hotel reservations, you may want to consider Trip Cancellation insurance.
Outreach International travel medical insurance also covers evacuation insurance. Evacuation insurance, or we at Good Neighbor Insurance like to call it, medical transportation is a vital travel medical insurance benefit. Evacuation medical insurance is vital when traveling outside the U.S. since the correct medical facility to take care of your illness may be far away […]
Good Neighbor Insurance (www.gninsurance.com and www.gninsurance.com) is continuing to update our clients on the new health insurance laws. There are six major coverage options for those in the US and even though some of the rules and regulations are similar for all many differences are there and it all depends on how old you are […]
Ongoing threats against Americans living and working in war zones raises the question about health and travel insurance. This post explains the benefits and exclusions of insurance for war situations.
No breathalyzer test could mean your local medical insurance will not cover you. Yes, this is a sad and true story. Read the small print! Yes, the big print giveth and the little print taketh away. This is one of the reasons why it is important to have travel insurance and expat medical insurance based […]
So you are heading over to the Caribbean’s on a cruise. Did you know that your Arizona health coverage will not cover air ambulance or evacuation to the nearest and best hospital if you need it while you are outside the U.S? Sure, we don’t want to think bad medical things will happen to us. […]