I was just hit with a 24% premium increase for my health insurance for next year after a 16% increase this year. We are at or near the breaking point on insurance affordability in this country and so I believe health plans will start to look to treatment abroad as a much more mainstream. However, health plans arouse so much suspicion from patients and physicians that any move on their part to promote medical travel is likely to generate a backlash.
Depends on the product and the company but the answer is "not really." An HMO product would not provide any coverage. A PPO/POS/HSA product may have out-of-network coverage for out of country care but after what is typically a very high deductible. If there is coverage, the patient would have to come out of pocket first and then be subject to the deductible followed by reimbursement based on R&C (reasonable and customary) rates.
The answer to this question may change over the next year or two
I was just hit with a 24% premium increase for my health insurance for next year after a 16% increase this year. We are at or near the breaking point on insurance affordability in this country and so I believe health plans will start to look to treatment abroad as a much more mainstream. However, health plans arouse so much suspicion from patients and physicians that any move on their part to promote medical travel is likely to generate a backlash.
Depends on the product and
Depends on the product and the company but the answer is "not really." An HMO product would not provide any coverage. A PPO/POS/HSA product may have out-of-network coverage for out of country care but after what is typically a very high deductible. If there is coverage, the patient would have to come out of pocket first and then be subject to the deductible followed by reimbursement based on R&C (reasonable and customary) rates.
Hello
You cant be more right.
Blue Cross- Blue Sheild
Blue Cross- Blue Sheild of South Carolina offers out of country discount insurance coverage at significant savings.
http://www.companionglobalhealthcare.com/