Group Health Insurance Coverage Areas
With the international nature of modern businesses it is important that any group medical insurance policy held by a company provide the flexibility required by the organization to ensure comprehensive protection of employees on a worldwide basis.
International group medical insurance policies from CCW Global will give you the option of selecting where in the world you would like your employees to receive protection under the plan – giving international and multinational businesses granular control of their health insurance scheme, enabling maximum savings while offering coverage that meets the company’s specific requirements.
With options for group health insurance plans that will provide coverage on a domestic basis in many countries worldwide, to policies which offer regional protection, CCW can also ensure that your group’s members have the support of the policy worldwide.
Options for Geographical Coverage Areas under Group Medical Insurance policies from CCW Global include:
Worldwide and Worldwide Excluding the USA
A group medical insurance plan which provides worldwide coverage can be used by a company to protect its employees against the costs of their medical expenses anywhere in the world. This means that plan members are able to choose where in the world they will receive their medical treatment, and can even travel to another country to receive healthcare with leading specialists or undergo testing at world class medical facilities offering the highest standards of care.
However, because Worldwide coverage will allow your staff to receive medical treatment anywhere in the world these plans are normally the most expensive option available. Companies looking to provide staff with extensive international coverage options may consider excluding the USA from the geographical protection area under the policy in order to contain costs.
Worldwide Coverage Excluding the USA
As the USA is the most expensive place in the world to receive healthcare, choosing to obtain a group medical insurance plan which offers coverage in the country (a policy which is provided on a worldwide coverage basis) will mean that it is far more expensive than a plan which excludes coverage in the USA.
If your company is not headquartered in the USA and if the organization does not employ a large number of American nationals, then choosing a group medical plan which excludes coverage in America (whilst allowing for protection of your staff throughout the rest of the world) can mean significant savings on the overall cost of the health insurance scheme.
Free Group Health Insurance Consultations and Advice
f you would like a risk-free consultation about your company’s group medical insurance scheme then CCW Global is happy to assist you in benchmarking the many options available. We will work with your organization’s key stakeholders to identify the appropriate health insurance coverage areas, and the policies which provide them, to give your company a leading edge in attracting and retaining vital talent, whilst giving existing employees peace-of-mind that they have the protection they need in the event of a worst-case scenario.
To speak with an expert group medical insurance advisor, please Contact CCW today.
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