The demand for International Healthcare Insurance has never been greater. Increasing affluence, coupled with the need to make secondment packages attractive has created this demand, as companies seek to provide the appropriate cover to meet the unique healthcare requirements of their expatriate employees and senior executives. Organisations also have a responsibility to provide their key employees with quality healthcare, wherever they may be located.

The most common problem that expatriates face in their country of secondment is that local medical facilities are either unacceptable to the standard they are accustomed to in their home country, restrictive or unavailable. Furthermore, medical treatment in another country can be very costly and difficult to arrange, especially in times of emergency.

Organisations have a responsibility to provide their key employees with quality healthcare, wherever they are located.

Specialised needs, specialised programme

This is why it is imperative for companies to place a specialised medical insurance programme for their international assignees, one that caters to their distinctive needs.

The following are some important considerations when selecting an International Healthcare Insurance plan:

• The reputation of the insurer / product • Scope of benefits and limitations • Coverage zones • Size and locations of direct settlement clinics and hospitals • Medical evacuation services • Types of policy exclusions • Takeover terms for pre-existing medical conditions • Portability of cover upon leaving service • Coverage for chronic conditions • Claims handling procedures and reimbursement facilities • Depth of customer service and multilingual helpline support

Expatriate healthcare can be fraught with complexities if the right international medical insurance product is not placed to fit the assignee’s requirements or if it is not suitable for the country of secondment.

Given our vast experience in placing International Healthcare Insurance, our Employee Benefits specialists can help you obtain the most optimum coverages, policy terms and conditions for your expatriate healthcare plan – one that is within your company budget and more importantly, one that meets your employees’ needs.