Health insurance is always a major topic of concern among people at election time, but it is also a good idea to take a look at your health insurance when you are about to embark on a trip abroad. While the many benefits of standard health insurance are well-known to most people, there are also some very good reasons why travelers should have a policy specifically tailored for those trips that will take them out of the country.
Travelers Need It Frequently
We tend to think that the possibility we might need health insurance while we are on a trip is remote, but that is actually not the case. According to the U.S. Center for Disease Control and Prevention, half of the travelers from the United States to another country experience some sort of health problem. A statistic like that indicates that it is a big benefit to having insurance because of the strong likelihood that you will need care while you are abroad.
Protect Your Financial Future
Carrying health insurance specifically designed for your international travel can protect you from being stuck with the sky-high bills that can be incurred when travelling internationally. Most U.S. insurance companies do not include coverage at international facilities or for emergency international medical evacuation. According to World Wide Medical Corp., these costs can run as high as $90,000. An insurance policy is well worth knowing you are protected from that risk.
Save the Cost of Your Trip
A big benefit to having health insurance is that you are covered for costs that will be incurred should you have to cancel or cut short your trip. Airlines, cruise companies, and tour operators have big penalties for itinerary changes and many have no refund policies should you cancel. Traveler’s insurance will give you peace of mind and financial protection in case you get sick, injured, or need any type of medical attention that causes you to be unable to continue your trip.