Retiring and relocating to a foreign country is a goal for many individuals around the world. For some this is able to happen early in life, however, many individuals choose not to relocate until later. This might be a dream come true, it can also be a nightmare to try and find international health insurance for retired expatriates. Although difficult to find, it is not impossible and there are multiple great plan options.
One great plan for retired expats around the world is the Global Medical plan. Individuals can apply and have coverage with this plan up to age 74. Additionally, those who need coverage past the age of 75 and who have had continuous coverage on the Global Medical plan from age 65 or younger, have the lifetime coverage option with the Global Senior Plan.
The Global Medical Plan has four levels to choose from: Silver, Gold, Gold Plus and Platinum. It provides coverage for hospitalization, doctor visits, prescription medication, emergency medical evacuation, repatriation of remains and many other benefits depending on the selected level.
Those who are over the age of 65 and do not currently have coverage with the Global Medical plan still have options! One popular plan when it comes to purchasing insurance for retired expatriates is the Cigna Global plan. Expatriates are able to apply for this plan up to the age of 80 and have life-time coverage. It comes standard with hospital coverage and gives the option for adding on the following additional benefits:
- International Outpatient – additional and more extensive outpatient cover that protects you for any treatments that don’t require a hospital stay.
- International Medical Evacuation – peace of mind cover for transport and repatriation costs for you and a family member if you need treatment in another country.
- International Health and Wellbeing – allows you to manage your health in your own way with cover for screenings, tests, examinations and other wellbeing activities.
- International Vision and Dental – complete cover for all your vision and dental costs.
Expatriates who apply for this plan are also able to select their deductible from the following options: $0, $400, $1,600, $5,000, $10,000 and $20,000.
Finding insurance for retired expatriates doesn’t have to be a nightmare. View the plans above and make a decision based on your needs.
Also Read: An Overview of Senior Travel Insurance Plans