How does international health insurance work?

When you’re visiting a nation without healthcare, and need medical assistance, some of these countries are not obligated to supply you with services. Furthermore, in most nations that offer universal health care, there are no fundamental or recurrent health-care expenses. They will also not pay for your evacuation or assistance in returning home. So without a doubt, international health insurance is a must whether you are travelling or live in another country. But, precisely, what is international medical insurance? Alternatively, how does international health insurance work?

Hopefully, after reading this post, you will have no more reservations.

What is international health insurance?

International health insurance for expat or global medical insurance is a form of insurance that usually covers the insured’s medical, surgical, drug expenses, and sometimes dental expenses. 

International health insurance is intended for those who will be living or working in another country for an extended length of time. 

It covers both emergency and regular healthcare, and gives expatriates the freedom to choose their doctor and treatment facility, as well as the opportunity to obtain treatment anywhere within their territory of coverage.

When encountering a medical emergency, or even normal medical treatment, in a place where you are unfamiliar with the health system and do not understand the language, international health insurance coverage will guarantee you get the necessary medical assistance. 

Benefits of foreign health insurance may vary depending on the plan, however they often include:

  • Inpatient care
  • Usual Check-ups
  • Coverage for pre-existing conditions
  • Coverage for chronic diseases
  • Medical provider selection

These basic plans are modular, enabling you to choose the coverage that best fits the needs of you and your family. In addition, there are many more options available:

  • Plans for inpatients, 
  • Outpatients, 
  • Maternity, 
  • Emergency

For more references, you could check out Tenzing’s selection of International Health Insurance providers.

How does international health insurance work?

Some of you may be fortunate enough to never have to consider health insurance, due to the National Health Plan. However, it may be completely useless while traveling abroad. 

When you go to another country, most typical health insurance plans provide just limited or no coverage. In the event of an accident, it might be difficult to get the necessary medical assistance.

You can guarantee that all of your healthcare bills are covered when living or working abroad by selecting the correct international health insurance. So how does international health insurance work?

When they get sick or injured, policyholders have the ability to pick how and where they get medical treatment, from the hospital where they are treated to the doctor who provides it. 

Many plans also offer access to 24-hour telephone assistance, which provides consumers with peace of mind and assists them with issues and claims as they occur.

There are several levels of coverage available tailored to your demands and budget. For instance, with one of recommended provider – Aetna Insurance Vietnam, they provides four standardized personal insurance plans, as follows:

  • Standard Package: inpatient treatment and emergency evacuation
  • Select Package: inpatient, outpatient, and emergency evacuation services
  • Comprehensive Package: Inpatient, outpatient, yearly health exams, normal dental care, and emergency evacuation are all available.
  • Elite Package: the highest levels for all benefits mentioned above.

Tenzing will always put your requirements first when determining the finest plan package from our selective providers that is right for you. 

Requirements for joining an international health insurance plan

Because of the escalating expense of medical care, there has been a considerable increase in the number of individuals purchasing health insurance coverage in recent years. People are purchasing insurance for their families rather than individual insurance to guarantee they have a financial buffer in the event of an emergency. Health insurance not only protects you during tough times, but it also provides tax advantages.

Insurance companies often undertake a detailed review of your health profile before accepting your insurance application. They set the premium costs based on their evaluation.

Check out our post for more details about the Cost of Health Insurance in Vietnam.

How does international health insurance work differs from what Travel health insurance offers?

Travel health insurance is a kind of short-term insurance that covers medical expenses incurred while on vacation or being away for a short period of time. Travel health insurance is acquired from a provider and starts the moment a person departs their native country. Tenzing also advises our travel insurance service if you are planning a short-term trip overseas.

International Private Health Insurance is more extensive in terms of health care and covers a wide range of areas such as medical emergency coverage, doctor visits, maternity care, and treatment of ongoing or chronic disorders. It may also cover non-medical expenses such as transportation to and from treatment or repatriation.

Expats may discover that their travel health insurance falls short in some scenarios, forcing them to pay their own treatment or risk going without the medical care and services they need. In certain circumstances, individuals are unable to get the necessary medical attention and services.

Tenzing Pacific Services has been insuring people and companies since 2012. To help our customers save their most precious assets and fulfil their financial goals, we provide advisory services. 

By providing products, we hope to contribute to making the world a better place.  Our exceptional solutions assist you in dealing with the challenges that your firm faces.

How does international health insurance work for you specifically

International health insurance is great for foreign employees, digital nomads, and expats working or living alone in a foreign nation.

This is a wonderful option for anyone seeking insurance coverage that is applicable worldwide. 

In terms of insurance solutions for businesses, giving comprehensive health insurance to workers might be beneficial for both the employers and employees. The primary benefit is cost savings. 

Because these worldwide health insurance plans do not need spending on national plans, they may quickly create a complete plan that may be utilized.

Tenzing Pacific Services offers excellent suggestions and first-rate products and services

We counsel each client on both personal and professional dangers. Our thorough analysis enables clients to make more educated choices regarding their financial security and safety.

Because of our independence from insurance and financial institutions, we can always put our customers’ needs first. Your needs take precedence above anything else.

Still wonder how does international health insurance work? Contact us if you want to learn more about our services or products, or if you want to work with us as a provider or broker.

Have any question ?

For any inquiries relating to our insurances feel free to speak to us during business hours.

    Patrik Shore Tenzing Pacific Services

    Patrik Shore

    Senior Advisor
    From Sweden & New Zealand
    7 years' insurance experience
    Joined Tenzing in 2019
    Crim Science
    Speaks English and Swedish

    Speciality:
    - Savings Plans
    - Health Insurance
    - Life Insurance