Global Health Insurance

By: EconomyWatch Content   Date: 8 February 2010

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Got a promotion along with a passport stamped with multiple-entry Visa? The time is right to buy a global health insurance.

Aimed at delivering heath insurance coverage across the globe, a chink left by general health insurances and exposed with the increasing number of travelers’ medical needs, global health insurance covers you for any medical condition while traveling or living overseas.

However, as with any product, study the details to know exactly what you are buying. Know the coverage extent and the exceptions that rule the policy.

Buying Global Health Insurance

While buying a global health insurance, keep an eye on the time it gets applicable or is cancelled. Typically, once the premium is paid, the coverage starts and continues till the time a person returns or till the time for which the premium was paid gets over.

These plans also cover a host of medical situations. The limit is subject to the total amount of coverage.

Benefits of Global Health Insurance

Global health insurance tends to provide coverage that includes the following benefits:

·        Expenses of physicians, surgeons, anesthesiologists or any medical specialist that has been referred

·        The hospital charges, including inpatient and outpatient charges.

·        Charges incurred due to suturing, dressings, casts or other supplies prescribed by physicians or other specialists

·        Charges incurred due to diagnostic testing done through radiology, laboratory services or ultrasonography. Also included are the charges for oxygen and other gases, anesthetics and their administration.

·        Charges incurred due to any urgent transfers from an acute care hospital to a licensed extended care facility.

·        Charges incurred by emergency local ambulance transportation due to injury or any medical condition resulting in inpatient hospitalization.

While good global health insurance covers almost all scenarios and can co-pay for a lot of medical situations, it is best to take a traveler’s insurance as well as it covers luggage loss and other situations that may occur while traveling.

Remember that many insurance companies offer global health insurance in the name of expatriate health insurance. Therefore, do not get confused as they offer the same coverage and are just two different names for the same product.


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