Vacations Linked to Good Health

Here’s some news that we’ve probably all suspected to be true for quite some time now – vacations are good for the health. Did we ever think that wasn’t the case? But scientists at the Nuffield Health institute have carried out a study and discovered that taking a break can help to bring your blood pressure down and a vacation can improve your stress levels. Sounds great, right? It proves what people say when we look anxious and stressed – a break will do you good. In the study 12 lucky people were sent on a vacation in order to […]

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Visitor Insurance and Celebrating Birthdays Abroad

Paul Caruso had a 70th birthday plan—he was going to visit the United States with some friends, and celebrate it in Sin City. He purchased visitors health insurance through the Immigrant Secure plan and pored over the benefits so many times that he had the benefits by heart. Just a couple of days after his big bash in Las Vegas, he was in an accident and broke a bone. He was, however, already calculating how much he’d have to spend out of his pocket. When he was presented with the bill, though, he thought he was being overcharged. What happened? […]

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Unemployed and Uninsured, a Potentially Disastrous Combination

Anyone living in or visiting the United States needs to have health insurance. Period. That can be particularly tough to maintain in the current economic scenario, with fluctuating unemployment rates. U.S. health insurance becomes a dream for many. A recent study shows that more than a third of those worked in a job that provided them with employer-sponsored coverage went without insurance for six or more months after leaving their job. In contrast, the figure was near 5% for those who were working at the end of the survey period. The study brings into sharp focus the problems in receiving […]

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Over 65? Life, Insurance Offer Numerous Options!

Here’s a situation that was prevalent until recently: A senior, over 65 years, retired from work, done with financial responsibilities, and looking forward to traveling to far and distant lands. And international travel health insurance policies hard to come by for the travel. Reason? Insurance companies think that people over 65 are more likely to file claims during international travel. So, they either denied coverage, or raised the premiums to reflect the risk. However, several insurance companies are now waking to the possibilities of doing business with this demographic. Of late, several plans have started to cater to seniors, with […]

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Insurance Jungle: Conditions Regarding Pre-Existing Conditions

Whether you’re buying international student health insurance or visitor medical insurance, the insurance company will have some restrictions on medical conditions that the applicant already suffers from. However, it is important to understand the wording of such exclusions, as it might mean a difference between getting your claim approved and not. One visitors’ health policy may define a pre-existing condition as a condition that ‘would have caused a person to seek medical advice, or for which the applicant sought medical advice during the 36 months prior to the Effective Date of Coverage of the Policy.’ Another visitors’ health insurance plan […]

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Managing health care – HMO, PPO and POS

There are different health care policies offering various options for coverage – HMO, PPO and POS. HMO policies charge nominal premiums for health insurance but they offer very less flexibility in choosing a provider. In addition, they do not reimburse in case the insured chooses outside the network. Even the specialists you consult should be a part of the network. PPO policies are more flexible in choosing a provider. These policies offer partial reimbursement while taking consultations outside the network and charge high co-insurance and co-payment amounts. In case the insured needs to consult a specialist, he does not require […]

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Tips to follow before you quit the job

If you can, plan well ahead before leaving your current job so that you would have adequate time to switch your health insurance plan to a more affordable alternative. If you switch before leaving your job, you are entitled to continue your health insurance coverage under COBRA at a more affordable premium for about 2 months If you do not find an appropriate self employed insurance option within the time frame where you are entitled for COBRA, your new health insurance plan application may be rejected or you may not be covered for your pre-existing conditions for a pre-defined waiting […]

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Coordination of Benefits in health insurance

Coordination of Benefits defines how the cost of reimbursing expenses would be split by the insurance providers if the policyholders have purchased are a part of more than one group insurance plan. Imagine that your employer offers health insurance benefits through the company’s group health insurance policy. Also, you have health coverage through memberships in certain institutions. In addition, you are also covered for your medical bills by your spouse’s employer in another group policy. All the above insurance plans would offer reimbursement for the medical bills. In the past, when people were part of more than one group insurance […]

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Deductibles – An overview

Though the current economic crisis creates a financial burden for many individuals, one cannot avoid buying an international travel medical insurance policy. People are on constant look out for ways of bringing down the premium amounts. Generally, the premiums are lower in case of international insurance policies that have higher deductibles. You need to evaluate whether risking a higher deductible amount may be beneficial for you in the long run. Deductible is the amount initially paid by the insured before the insurance provider starts reimbursing for the expenses. For example, let us assume you buy an international health insurance plan […]

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Health insurance coverage for retirees

Health insurance coverage for retirees is one of the primary issues which challenge the senior citizens due to skyrocketing premiums. In addition, insurance providers reject coverage for pre-existing medical conditions. This is one primary reason why individuals are advised to apply for health insurance coverage during their young age when they are healthy. This would ensure that you pay lesser premiums at a later date.In case you are above 50 and you are applying for health insurance plan only now, it is a good idea to separate the rest of the family members and apply for an individual insurance policy […]

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