Insurance

Let's evaluate some key parameters while selecting your abroad medical insurance:

• Coverage Scope: Evaluate the extent of coverage provided by the health insurance abroad plan, including medical consultations, hospitalization, prescription drugs, emergency care, mental health services, and preventive care.
• Network of Providers: Assess the network and quality of healthcare providers and facilities covered by the health insurance while studying abroad.
• Waiting Period: Some health insurance abroad plans have a waiting period of 30 days before they can be claimed in case of an accident or emergency. Some might also have a waiting period as long as 2 years.
• Exclusions and Limitations: Understand if there are any exclusions or limitations to the student health insurance plan, such as pre-existing conditions, elective procedures, and coverage restrictions for specific treatments or services.
• Costs and Premiums: Compare the costs of the health insurance abroad plan, including premiums, deductibles, co-payments, and out-of-pocket expenses, to the coverage offered by the plan.
• Claims Process: Understand the procedures for filing claims and reimbursement processes, including documentation, turnaround times, and customer support availability for claims assistance of the student health insurance abroad plan.
• Emergency Services: Verify coverage for emergency medical services, ambulance transportation, and evacuation in case of serious illness that may require specialized care or medical evacuation.
• Policy Duration and Renewal: Check the duration of coverage provided by the student health insurance plan, and pick one that aligns with the duration of your academic program. Understand the process of getting renewals as well.
• Policy Terms: Review the policy documents thoroughly of the medical insurance for students studying abroad plan. Pay attention to language clarity, policy terms, conditions, and legal implications to ensure full understanding and compliance.
• Claim-settlement ratio: Research customer reviews, testimonials, and the insurer's reputation for reliability, responsiveness, and claims settlement practices to gauge the overall satisfaction and service quality of the insurance provider. An insurer with a high claim-settlement ratio is more credible.

Or you can get in touch with Lorien’s experts and let us go through all the trouble to get you the best health insurance for students studying abroad.