Planning on working abroad? For many, migrating overseas is like taking a giant leap in one’s career graph, gaining multi-cultural experiences and the opportunity to explore the other side of the world. But, connecting with new ideas, people, new languages and ways of living in a foreign country may also be loaded with intrusive glitches.
To the dismay of many expatriates, contingencies can also create a host of maladies such as illnesses, accidents or injuries, so one should ideally be safeguarded with an apt medical insurance coverage. But, in the absence of one’s familiar home base healthcare systems, most expatriates often grapples with insecurity.
Therefore, in order to eliminate the risk of hazards during the tenure of an expatriate’s employment abroad, most employers ensure their employees based in offshore locations with international medical insurances or other types of overseas medical insurance. Incorporating employee-centric policy like this has proved to be a ‘win-win’ situation for both the parties.
A company profits when its employees are in the correct frame of mind, body and spirit because it is commonsense that good health reduces absenteeism and increases productivity. Plus, the difference in the levels of healthcare quality, services, medical bills and treatment procedures varies from one nation to another.
And, the gap could be ever more huge depending upon the state of economy of the country, for example the difference between a developed and a under developing countries could be dramatic. Thus, it is wise for any employer to cover their staffs that are stationed abroad with good expatriate insurance plans carrying relevant and useful insurance coverage like- medical treatment facilities in good standard hospitals, premium, repatriation, emergency evacuation and other relevant features.
Presently, there are hundreds of expatriate insurance plans offering different types of features and premiums, among them private healthcare plans provide varying levels of quality healthcare services for expatriates and their families. As a matter of fact, overseas employees with international health insurance are covered with useful features like 24/7 confidential advice assistance and foreign language interpretation.
Unlike ordinary expat healthcare plans, one of the best things of private health insurances for expatriates is that they provide quick medical assistances and prompt customer services.
Ensuring employees with basic amenities even when based out abroad strengthens the relationship between the employer and the employee. An interwoven network of communication between the insured, insurer and the employer enables all the parties to make preparations and paperwork for non-emergency medical treatment.
And, with the medical bills and the cost of living rising at a rocket speed, insurers have also resorted to insurance policies with reduced features and increased penalties, and not meddle with the premiums. Hence, it is even more critical for insurance purchasers to read the complete ‘terms & conditions’ or for those that are written in small type fonts before signing up for any plan.
About the author
Expat Global Medical is a leading expat health insurance providing expatriate insurance plans to travelers around the world. We offer all kind of travel health insurance services like international medical insurance, overseas medical insurance and much more.