Contributed article
Medical insurance is necessary whether you’re moving abroad for work, study, retirement, or taking an extended trip across multiple countries. As simple as it sounds to choose the best policy for your needs, it can be a slow process when you’re exploring the various options available to you.
When choosing a medical insurance plan, you have several factors and thousands of policies. You can choose from various individual, partner, group, or family policies.
You can also choose the features of your policy, including specialist coverage, such as cover for maternity care. There is also the option between an international health insurance policy (coverage across multiple countries) and single-country coverage.
This article will discuss the differences between individual, partner, family, and family policies. We will then move on to the benefits of choosing a medical insurance policy that offers global coverage over a single-country plan.
What Are the Different Types of Medical Insurance Policies?
Although medical coverage is legally mandatory in many countries, you have some leeway in your policy choice. You can pick from four main types of policies as follows.
Individual policies
With an individual policy, you only have coverage for yourself. It is a single-person policy. You can choose whichever features and add-ons work best for you.
Partner policies
You can choose a partner policy if you’re relocating or traveling to another country with your spouse, a friend, or a family member. Usually, this type of policy offers a slightly reduced price compared to two separate individual policies.
Family policies
A family policy can make your vacation with children easier. It covers your whole family, including you, your spouse, and your children. It’s cheaper than purchasing four separate individual policies. Knowing that your whole family is medically protected and can access the care they need if injured or ill provides peace of mind.
Group policies
Group medical insurance policies are often suitable for employees who want to purchase medical insurance coverage for their international employees. However, they can also be a great choice if you’re moving abroad or traveling to another country with friends.
Why is a Global Insurance Policy Your Best Choice for Medical Insurance?
Global medical coverage, such as the Geoblue medical insurance policy, offers several benefits compared to single-country policies. Let’s look at the many benefits of choosing a global insurance policy and why this is your best choice when relocating or traveling abroad.
Coverage across multiple borders
The primary advantage of choosing a global medical insurance policy is its comprehensive coverage across several countries. Unlike a single-country policy, which is limited to a specified country or certain regions within a country, a global policy enables you to travel across multiple borders and remain covered.
Increased flexibility
You aren’t as restricted with your work or travel plans when you choose a global policy. You can head to a new country knowing you won’t be stuck without health insurance coverage. This offers increased flexibility and versatility, enabling you to switch up your plans at the last minute if you wish to do so.
Whether your manager asks for you to work temporarily in another country, you wish to travel across the world, or you need change of scenery, you won’t need to worry about your insurance being invalidated when you relocate.
Easy transitions between different countries
When you’re moving abroad, the trickiest aspect of your planning is often figuring out how to transition from one country to another. The prospect of relocating to another country can be daunting, especially when it involves reapplying for visas and running through legal checks.
Choosing a medical insurance policy that covers you across multiple countries can take one worry off your mind. You won’t need to stress about finding a new health insurance policy when you want to relocate to another country from your current destination.
Your transition across borders will be smooth, seamless, and stress-free. Your coverage will also transfer as you cross the border into another country, meaning there’s no day, hour, or even minute you’re not covered.
Access to international healthcare providers
Global medical insurance plans usually enable you to access various global healthcare providers. You can access multiple medical services and facilities from reputable providers in most or all countries you visit while away from home.
With a global policy, you can choose the most suitable and desirable healthcare providers for your medical needs and preferences, ensuring you get the best-quality care wherever you go.
