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.
Don’t we all have some pre-existing condition? To quote from an unknown author, “No one is perfect…that’s why pencils have erasers.“ So what is a pre-existing condition? Imagine you contact your car insurance agent on a Monday morning to tell him you want to take out car insurance to pay car repairs. The car is now in the garage being fixed because […]
“I never have a major medical concern when I travel overseas” is what I hear every-so-often from our guests at Good Neighbor Insurance. And for sure that may be the case for most. But what about those who do have medical conditions while they are traveling outside their home country? How will they pay for […]
Good Neighbor Insurance, www.gninsurance.com , provides disability insurance for individuals and families here in the U.S. Here are some important reasons why disability insurance should be part of your insurance portfolio. 16%: The chance that most people believe that they will become disabled during their working years 71%: The amount of American employees who live […]
Good Neighbor Insurance Inc, www.gninsurance.com, has been helping clients with their international travel needs since 1997. Who wants to buy insurance when we feel that nothing will happen to us? Right! I personally prefer putting that money I would spend on travel insurance on some Kindle e-books or grabbing a couple movies from iTunes. Oh, […]
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 […]