For example, a simple accident resulting in a broken bone in a slip or fall could result in a bill of around £7,000 in Morocco and £15,000 in Singapore.
Treatment for stomach problems usually requires two to three days in hospital and would cost around £2,000 in France (although expatriates who have a European Health Insurance Card can get treatment in Europe at reduced costs) and £3,000 in the Caribbean. However in Turkey the bill could be as much as £5,000.
The research found that the average estimated cost in 2015 for three of the most common health claims abroad (ear infection, gastroenteritis and a broken bone following a fall) is:
As you can see the costs for hospitalisation do vary considerably but all have two things in common :
Having read this far the chances are that you are rightly concerned about the sudden impact a set of hospitalisation bills could have on your finances.You may also have recognised that owning expat medical insurance is essential financial protection.
However its at this point that utmost care and attention to detail is extremely important - the selection of your medical insurance provider and the plan itself requires close scrutiny as it can have long-lasting implications.
For 30+ years as expat financial planning advisers we have routinely be targeted by insurance companies to help sell their insurance plans.
In recommending expat medical insurance plans we have very strict criteria as to what is and what is not acceptable to ourselves and our clients and choose only to advise on those companies and contracts that have proven and demonstrable track records.
We are not a 'cost-compare' advisor - we do not advise purely on price - we do however advise on value, claims handling , service standards , features and benefits and the all important terms & conditions which we do not compromise on.
Our experience and due diligence enables us you to benefit from contracts that will provide the protection you require when the need arises and saves you the time and resource to research , comprehend and compare the multitude of policies on the market.
The tables of benefits outlined below represent the types of cover available for both the all-inclusive comprehensive packages and the more budget friendly offerings.
We will gladly assist in the preparation of quotations to meet your specific requirements - simply use the quotation request button.