Any visitor over 50 years of age from India is urged to take pre-existing coverage even if they have no known problems to avoid denial of coverage.
Orlando, FL (PRWEB) October 29, 2012
India Network Services, administrator of visitor health insurance in the USA, announced today that seventy five percent of non US citizen seniors age 55 and older visiting the USA from India are now selecting pre-existing condition coverage for extended stays of 90 days or longer. This continues the five year annual trend line of the approximate six percent shift from basic visitor health insurance policies to those plans that offer pre-existing condition coverage for seniors traveling to the USA. One may not necessarily have pre-existing conditions to opt for these plans since typical medical conditions such as heart attack, stroke, brain hemorrhage, etc are denied by all visitor plans under pre-existing condition exclusion clause. India Network Health Insurance is one of few plans that explicitly provide coverage for such catastrophic medical condition coverage when chosen pre-existing condition coverage.
Visitor medical enrollments likewise show an increase in the recently introduced comprehensive coverage with pre existing conditions. India Network offers negotiated rates with in-network providers and coverage for emergencies related to diabetes, high blood pressure and other pre-existing issues common to Asian Indians visiting the USA. Since its introduction in February 2012, comprehensive pre-existing coverage for seniors age 55 and older now represents a significant portion of pre-existing plans chosen by this demographic group.
Dr. KV Rao, India Network Foundation founder commented, “The trend towards the selection of pre existing condition coverage is driven in a large part by the unique plans offered through India Network that do not restrict claims based on diabetes or heart conditions, and by the reasonable cost of these pre existing coverage plans. The Foundation is pleased to offer the Indian community an affordable choice for their visiting family members, regardless of the age of the parent. However, the Indian community has to understand that the plans survival depend on full participation of all visitors, healthy ones as well as people with pre-existing conditions.”
Consistent with the health issues expected by elderly Indians visiting children in the United States, the tendency to select pre-existing plans becomes even higher with nearly four out of five seniors age 65 and older choosing either a Fixed Coverage or Comprehensive plan with pre-existing condition coverage.
Fixed coverage plans typically offer lower premiums for visitors 60 years and older, do not require a network provider or facility, and pay based on a schedule of benefits which typically increase as the coverage amount increases. Plans start as low as $50,000 with a per incident deductible based on a $250 base. While fixed coverage plans pay above the standard Medicare payments providers receive, if the provider charges more than allowed amount, the insured is responsible for the difference.
Comprehensive coverage plans offer negotiated in-network rates, a comparable deductible to fixed plans, and a co-insurance of 20% for the insured up to $5,000 of the medical expenses, after which, the plans pay 100% of the medical expenses per policy contract. This typically results in an out-of-pocket maximum expense of a $250 deductible plus $1,000 co-insurance for new medical issues up to the maximum coverage of the plan.
About India Network Foundation
India Network Foundation, established as a US non-profit organization, has been helping the Asian Indian community in North America with programs and grants to academics from India for more than two decades. India Network Foundation sponsors visitor health insurance to tourists, students, temporary workers (H1 visa holders) and their families. All insurance products are administered by India Network Services.
For more information visit http://www.indianetwork.org
About India Network Health Insurance
India Network Services, is a US based company that administers visitor health insurance to transition residents, tourists, students, temporary workers and their families. Visitor medical plans are offered for all age groups with both fixed coverage, comprehensive coverage and with pre-existing condition coverage.