International Health Insurance Coverage
Often new residents find that the local health insurance market provides inadequate coverage. Worse yet they find that their coverage under Medicare or other home country based insurance policies provide no coverage in their new home country. The solution to this problem is purchasing international health insurance coverage.
International Medical Group, or IMG, is a leading supplier of international health insurance. There are two distinct coverage types. The first is medical coverage for travelers which is discussed in depth on our review of IMG travel insurance which you can access by clicking here. The second coverage type is health insurance policies for those living abroad.
IMG offers 4 different levels of coverage, Silver, Gold, Gold Pus and Platinum. Each level offers significant benefits including:
- Extensive direct billing service where the service provider bills IMG directly eliminating or reducing your out of pocket costs
- Online account management and renewal service
- International provider networks
- Medical concierge service
- A 24 hour emergency hotline
- Medical advisory helpline
Each of the 4 plans also offers multiple options for deductibles ranging from $250 to $10,000 on all plans and $25,000 on Gold, Gold Plus and Platinum plans. This allows you to choose the best premium and coverage payment point combination for you. All plans allow you to purchase additional coverage options including Term Life Insurance, Dental Insurance, Vision Insurance and Adventure Sports Insurance among the optional coverages available.
All plans have a maximum lifetime coverage cap of $5,000,000 per individual except the Platinum plan which caps lifetime coverage at $8,000,000 per individual.
All plans cover preexisting conditions after 24 continuous months of coverage except the Platinum plan which covers preexisting conditions immediately.
To investigate many of the options click here.
IMG is one of the top providers of International Health Insurance for a reason. They offer a number of policies with varying deductibles and payment schedules allowing each person to select the coverage that is best for their budget. They cover preexisting conditions that many people preparing for retirement in the tropics have. You will not go wrong if you choose IMG to provide your health insurance coverage.
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