Flip Globe | 23 Juni 2023
Oleh : Ruth Tambunan
International health insurance is an important thing you need to have when you are about to travel or even stay abroad. Since there is a lot of health insurance available, here are 7 tips that will help you to get the right insurance for you.
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Source : Envato
One of the most important things to consider is whether your international health insurance provides you with a cashless claim option or not. A cashless claim is more convenient because all you need to do is submit your insurance card to the hospital administration.
With this option, you don’t need to bring cash around. As long as the hospital is within the network of the insurance company, all you need to do is show your insurance ID to the hospital administration.
Make sure to check what hospital is within the insurance company network. Then, check whether it provides a cashless claim option or not.
Doctor consultation can be expensive depending on the case. For students, general practice consultation can be costly. Therefore, you should be looking for international health insurance for a student that covers both outpatient and inpatient expenses.
You don’t want to get insurance that covers inpatient expenses only. You will more likely need general doctor consultation that might not need inpatient treatment. Having insurance that covers both outpatient and inpatient expenses will be more beneficial when you are living abroad.
Some best international health insurance often offers a Return of Premium. It is a benefit that you will receive if you do not file a claim during the policy term. Usually, you can receive a return from some of the premiums paid. While you might not receive the entire paid premium, you can still receive some, and most start from 20%.
This is a great benefit that makes you not lose too much money for insurance. Especially if you end up never using the insurance at all. This way, you will receive at least a portion of your money back.
Another thing you need to consider if you are looking for international health insurance in Indonesia is the coordination of benefits feature. This feature means that your medical bills can be covered by two health insurance.
For example, in case you are having a health emergency that costs more than your insurance can cover, the excess amount can be billed to the second underwriter. You may need this feature if you are looking for international health insurance for business. Especially if you often travel abroad to various countries where medical bills can vary greatly.
Many health insurances do not cover pre-existing health conditions. This means that if you have a health problem before you have the insurance, then you will not be covered when you need to be treated for this health issue.
Find international health insurance that covers pre-existing health conditions. This way, you will still be covered for health issues that you have before you sign up for the insurance.
It might not be easy to find the cheapest international health insurance. You will need to compare many health insurances to find one that is cheap enough but provide more benefits that are suitable for your conditions.
Make sure that you can afford the monthly premium. The ideal amount is 3% to 5% of your monthly income. Affordable premiums will not disrupt your monthly cash flow.
Last but not least is finding international health insurance that covers medical bills as charged. The total sum insured can look big at a glance, which makes you think it will be enough to cover expensive medical bills. However, with the rising health inflation around 7 to 15%, the sum insured you see previously may end up inadequate.
For this reason, it will be better to get international health insurance for travel that covers medical bills as charged. This way, you don’t have to worry about inadequate coverage.
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Now you know what to look for when considering international health insurance in Indonesia. Find the international health insurance comparison so that you can choose the right one for you. With the right health insurance, you can stay in Indonesia without worries when you experience a health scare.
During your stay in Indonesia, you don’t have to worry about your financial management. You can easily transfer to other foreign banks using Flip Globe. This app can help you transfer money easily at a better rate and without hidden charges!