What is the Best Expat Health Insurance?

Posted June 8 2021

Young woman with suitcase staring at view We have all thought about it at one point. What would it be like living abroad? The allure of diving into a new culture, discovering opportunities, and learning about yourself is something that many have at least thought about. Some get to experience this due to their job and have to work in a place outside of their home country. While living the life of an expat can certainly have its positives, there are some stressful situations you can find yourself in. One very important reason that comes to mind is assuring you have the proper medical coverage you need, especially being in a foreign place.

What is the best expat health insurance?

If you are an expatriate, and are in the market for expatriate health insurance, you may find yourself overwhelmed with the options of plans to select. So, rather than asking, “What is the best expat health insurance?”, try asking “What do I want or need in my expat health insurance. Let me explain.

What do I need in my expat health insurance?

First and foremost, you need to make sure your medical plan will cover you internationally, as many U.S. health insurances do not include international coverage. It is also important to do some research about the health insurance requirements of your destination country. A number of countries will not let you relocate unless you have health insurance coverage in place, and some require specific coverage, such as medical evacuation or repatriation. Also, if you work will require additional travel, you will need to make sure you will have coverage in those destinations as well. 

What do I want in my expat health insurance?

What you want in your policy really begins to go in line with your budget. For example, how much coverage do you want now that your necessities are covered? Do you have an idea of what you want your deductible or copays to be? Once your needs are met, depending on your budget, you should be able to customize your health insurance to fit your particular lifestyle and budget.

How can I assure that I have everything I want and need?

That is easy, work with a top-rated insurance broker! When looking for the best insurance plan for you and possibly your loved ones, it is always a good idea to work with the experts. For one, they are up to date on everchanging laws and regulations, which benefits you, as you have enough on your plate planning a move to a foreign country. Second, they are experts in the field of insurance, and will be able to help you on all the tricky lingo, such as deductible and max-out-of-pocket. Brokers also have access to a multitude of carriers, so if you have a list of coverage options that you want, they will not be limited to one insurance company, and should be able to offer you a “menu” of different options depending on your budget.

Many of us at MHG are expats ourselves and we understand the global insurance needs of international businesses, and individuals and families living and working around the world. Our Insurance Specialists have the experience, knowledge, and access to multiple international insurance carriers to find you the most suitable plan based on your budget and future plans. Our commitment to your well-being does not end once you have purchased a plan; through our “Concierge Broker Service”, we will continue to assist you with questions about your policy and provide assistance throughout the claims process. Call us at +1 954-828-1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com for help finding expatriate insurance coverage for you, your family or business!