Traveling abroad is exciting and fun! However, without the proper insurance it is dangerous and could result in disaster. US residents traveling abroad may be surprised to discover that traditional health insurance sometimes offers less-than-standard coverage or may even be rejected while abroad. For this reason, State Department advises international travelers to purchase short-term medical insurance while outside the US. The USAway Medical Plan offers up to $5 million coverage along with benefits for a worriless trip. This international major medical plan is designed for US citizens and US residents who are travelling outside the USA.
Health care costs are different in the United States than other countries around the world. The United States health care system is principally funded through private insurance. Access to socialized health care is typically restricted to United States Veterans, Medicare recipients and legal residents using Medicaid. Reciprocity between some countries which both have socialized health care does not occur in the United States. Examples of Coverage
A Foreign National visiting the USA.
A USA Citizen who is temporarily unable to purchase domestic coverage due to residence restrictions.
A Foreign National working for a USA company in their home country or outside their home country
USA Citizens Returning to the USA.
Tourism, Immigration, Religious Pursuits, VISA Requirements, Occupation Outsourcing, Foreign Exchange Students, Relatives Visiting from Abroad
Hospital Expenses: All medically necessary expenses while hospitalized.
Physician Services: All medically necessary expenses for treatment.
Skilled Nursing Facilities: All medically necessary expenses if confinement begins following a medically necessary hospital confinement of 3 days or longer.
Home Health Care: All medically necessary expenses if hospitalization would have been required if Home Health Care was not provided and the care is provided in accordance with a written plan established, approved and followed by a physician.
Ambulance Services Expenses: To and from a hospital within 100 miles in the same geographic area.
Prescription Drugs: Outpatient prescription medications covered up to a maximum of $500.
Repatriation of Remains: In the event of death, Underwriters will reimburse the cost of delivery of your remains to a mortuary nearest your home up to $100,000.
Common Accident Provision: In the event that you and any additional insured family members suffer injuries from the same accident, only one deductible and coinsurance shall be applied.
Global Medical Transportation: All medically necessary expenses for stabilization and transportation to the facility nearest your home, which can provide the appropriate care up to $100,000.
Lost Luggage: In the event that your checked on luggage is completely and totally lost, Underwriters shall reimburse you to a maximum of $500, excess of any and all other valid and collectible coverages.
Emergency Return Home: If, after you have departed, you learn of the death of an Immediate Family Member, or you learn of the substantial destruction of your home by fire, wind, flood, or earthquake, Underwriters shall reimburse you the cost of an economy one way air or ground transportation ticket for you to your home, up to a maximum of $5,000.
Trip Cancellation Benefit: If within two weeks prior to your pre-paid ticketed or vouchered initial trip departure your entire trip must be cancelled due to 1) your death, illness or injury causing hospitalization or outpatient surgery, or 2) the death of an Immediate Family member, or 3) the substantial destruction of your home due to fire, wind, flood, or earthquake, any unused and nonrefundable portion of expenses shall be reimbursed up to a maximum of $1,000, excess of $100 each and every loss and excess of all other valid Insurances.
$25,000 Accidental Death: Double indemnity ($50,000 total) if accidental death occurs while riding as a passenger of a common carrier.
This is not intended to be a complete outline of coverage. Actual wording may change without notice. Underwriters reserve the right to modify terms and benefits at time of underwriting.
Sports or Activity Coverage If you elect this option, underwriters will reimburse you for eligible expenses which are incurred due to an injury resulting from the participation in a sport or activity that is specifi cally named on the Schedule of Coverage. (See exclusions for a list of commonly excluded sports and activities.)
Accidental Death & Dismemberment (AD&D) Underwriters will pay you the principal sum insured (not to exceed $500,000) as designated on the Schedule of Coverage in the event of your accidental death. Underwriters will also pay the principal sum insured in the event that you suff er a loss resulting from an injury as shown in the Schedule of Losses below.
Schedule of Losses Loss of use of or loss of two or more limbs .......................................... The Principal Sum Loss of sight of both eyes ................................................................... The Principal Sum Loss of or loss of use of one limb ....................................... One Half of the Principal Sum Loss of sight in one eye....................................................... One Half of the Principal Sum Loss of speech.................................................................... One Half of the Principal Sum Loss of hearing of both ears................................................. One Half of the Principal Sum
War & Terrorism Coverage If you elect this option Underwriters will reimburse You for Eligible Expenses which are incurred as a result of Injuries or Illnesses sustained due to war/terrorism or act of war/terrorism. Injuries or Illnesses due to war/terrorism or act of war/terrorism involving the use or release of any nuclear weapon or device or chemical or biological agent, regardless of any contributory cause(s) are not covered with this optional benefit.
Kidnap & Ransom Coverage (K&R) If you elect this option Underwriters will reimburse you for the ransom expenses paid on your behalf in order to release you from a kidnapping event which had taken place in the USA as well as reimburse you for the crisis response fees up to $100,000 in the aggregate. Although ransom benefi ts appear to be the primary benefi t, the core benefi t of any plan is the Crisis Response Team that will assess and advise the family. Most kidnappings are carried out in order to obtain a ransom, and in most cases a ransom is paid. Th e average percentage of deaths following a kidnapping is 9%. In cases involving Th e Crisis Response Team, less than 2% of people are killed.
Ram J. Mishra, is a Licensed Life and Health Insurance Agent offering Insurance and Financial Services Products. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. The content is provided 'as is' and without warranties, either expressed or implied. Ram J. Mishra LLC does not promise or guarantee any income or particular result from your use of the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content.