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
Short-term teams need health and travel insurance that covers medical bills, medical evacuation, and return of mortal remains. Don’t let your short-term team adventure turn into a nightmare.
Our owner recently said, “I hate insurance” in a training meeting for our staff. He also said “I don’t think I’m unique in feeling that way.” Since we offer travel insurance and overseas medical insurance for those working and living abroad, it got my attention. I furiously wrote down his words which you can read […]
GeoBlue Voyager Choice traveling insurance for those who are waiting for treatment will not be able to get on this travel insurance. This is one of our top travel insurance plans for Americans heading overseas for up to six months or less on a business trip or on a vacation. Good Neighbor Insurance has provided […]
Pre-existing medical insurance for overseas coverage can be an obstacle for someone living or traveling outside the United States. Those residing in the U.S. now have great health coverage that covers all pre-existing conditions, albeit for a higher premium. What is a pre-existing medical condition? A variety of definitions are floating around but here is one […]
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 […]
International term life insurance is available through Good Neighbor Insurance (GNI) at https://www.gninsurance.com/health/supplemental/term-life/. We have two term life insurance plans that will work perfectly for those who are residing outside the U.S. for 12 months or longer. Our guests who are expats have really enjoyed knowing that GNI provides. What happens if a spouse does […]