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7 reasons you should have international health insurance

Are you covered in your new country? And what happens if there's an emergency?

7 reasons you should have international health insurance

1. To make sure you're covered abroad

Just because you live abroad doesn't mean you have healthcare coverage there. Most private plans are only applicable in the country you signed them. Travel insurance may cover care abroad, but usually only for a short stay – not for living abroad.

In many countries a certain type of residence permit is required to enjoy the state system. You might need to have lived there for a certain number of years, have a job, or have a permanent address. If you’re on a temporary contract, studying abroad, or if you move around a lot, this could be a problem.

With an international health insurance plan you know you’ll be covered, no matter where you go.

2. Flexibility

Even if you are eligible for a country’s healthcare programme, make sure you know what that entails. Some countries require you to purchase an insurance plan. Even if your healthcare is subsidized, it might not be all-encompassing. Will you have to pay each time you visit the doctor? Are general checkups and emergency care both included? What about maternity care?

Many expats choose international health insurance to give them flexibility and the ability to choose whatever plan they want, or need. There are different levels of coverage available. At Cigna Global, for example, you can choose Silver, Gold, or Platinum core cover insurance, and you can add on optional benefits to that.

Health is an extremely personal issue – healthcare should be, too. Do it your way.

3. To get a doctor who speaks English

Speaking of doing it your way, when your health is on the line you don’t want to be stumbling over a foreign language.

Many doctors in Europe speak excellent English, but if you want to be sure, you can contact your provider. Cigna Global offers assistance 24/7 around the world, so you can speak to someone straight away and get help finding the best doctor for you.

4. To cover pre-existing conditions  

Better safe than sorry. Many plans offer a limited amount of coverage for pre-existing conditions, so if you have a condition you know you’ll be dealing with living abroad, it’s best to make sure you’re covered in advance.

5. For vision and dental coverage

Even in countries with government healthcare systems, dental and vision are frequently outliers where each person must pay their own costs. And the costs can be pretty high.

Adding an international vision and dental plan ensures you can keep on getting regular exams and keep your eyes and teeth healthy, no matter where you are.

6. For when things get tough

Health isn’t just about your body – your mind is just as important. And while living abroad is an incredible experience full of opportunities, it comes with many challenges, too. It’s not uncommon to struggle with adjusting.

Mental health coverage is offered on all levels of insurance with Cigna Global. The Life Management service is available 24/7 to assist with whatever you need, and you can get counselling sessions covered whether the issue is personal, work, or family related.

7. Just in case

Finally, there are those really big what-ifs. Hopefully medical evacuation and expatriation will never be an issue – but if something should happen, you’ll want to be covered.

As you get older, you should get screened regularly for various types of cancer as well. With international health insurance you have coverage for screenings for prostate, breast, and bowel cancer.

With an international healthcare plan like one from Cigna Global, you can make sure you’re covered no matter what situation you encounter.  You don’t want to take chances when it’s your health you’re talking about!

Want a free quote for a personalized plan from Cigna? Click here.

This article was produced by The Local Client Studio and sponsored by Cigna Global.

For members

HEALTH

How you can save money on healthcare in Switzerland

Between insurance premiums and over-priced drugs and other costs, healthcare in Switzerland comes at a steep price. Clare O'Dea looks at why the costs are so high and some of the ways you can save money.

How you can save money on healthcare in Switzerland

On the surface, the Swiss healthcare provision model looks egalitarian. All residents are obliged by law to purchase the same basic package of insurance, and the premiums are subsidised for those on low incomes. So why is cost such a bone of contention?

The problem is that the healthcare itself is very expensive, the second most expensive system in the world after the United States. And most of the cost is shouldered by households one way or another. This hurts those on low to middle incomes the most.

Between health insurance premiums, out-of-pocket expenses and over-priced drugs, households are spending a significant chunk of their income on health. Amazingly, Swiss residents fund 59 per cent of the national expenditure on health, according to the Federal Office for Public Health figures for 2020. The rest comes from state coffers, and, to a small extent, from employers.

To bring it down to an individual level, Swiss residents shell out 478 francs per person per month on health costs. Compulsory health insurance premiums account for 252 francs of that total on average. The rest goes on supplementary (top-up) health insurance premiums (42 francs), co-payment on policies plus out-of-pocket expenses (174 francs) and ‘other funding’ (10).

Politicians across the spectrum seem to be incapable of doing anything to curb health inflation. The latest is that health insurance premiums are set to increase by 8.7 per cent in 2024. That’s not a projection but a fact, as announced by the health minister in September.

KEY POINTS: What you need to know about Switzerland’s health insurance price hikes

Public purse

The worst thing would be to miss out on your entitlements. To find out if you qualify for premium subsidies, you’ll have to go through your home canton. Each canton has its own reduction rates and rules on eligibility. In some, there are systems in place to identify and notify eligible people but in others, you have to check and apply yourself.

This possibility is definitely worth looking into if you think you might be eligible – around a quarter of the population qualify for these payments. In some cantons, the proportion of recipients is higher. Moneyland.ch has put together a list of the contact information for premium reductions in each canton.

Take the initiative

Generally speaking, to save money on healthcare costs, the insured have to take the initiative themselves. New arrivals to Switzerland are required to take out a policy within three months, and should definitely shop around. Pricing comparison websites such as moneyland.ch , comparis.ch and Priminfo (in the national languages only) help to cut through the noise and find the best deal for your individual circumstances.

Age and location are important criteria. There are infinite tiny pricing variations between the 40+ non-profit insurers (known as “Krankenkasse”, “caisse maladie” or “cassa malati”), which means you may even find a better deal by buying policies from different insurers for different members of the family.

For those who already have a policy, it makes sense to do an annual price check up when the following year’s rates are announced in the autumn. Chopping and changing, which everyone has a right to do once a year, can really pay off.

The window for changing providers has just closed but you can be ready to notify your current provider by November 30th next year. Handily, the comparison websites also provide template letters for cancelling a policy.

READ ALSO: Which Swiss health insurance providers have the lowest rates in 2024?

Different models

Even if you decide to stay with the same insurer, you can obviously change the type of policy to a cheaper version. The so-called standard model is the most expensive. Under this arrangement, you decide which doctor you’d like to see, including specialists, and make appointments when you feel the need. 

There are other cheaper managed care models which are designed to cut down on unnecessary visits to the doctor. With these, you have to have a telemedicine consultation or visit a pharmacy before you get the green light to make an appointment with a doctor. There is another model where you have to see your general practitioner to get a referral to a specialist.

Calculations

The best way to save overall is to get clever with your deductible. That’s the share of medical expenses that you have to pay from your own pocket in the space of the year before your insurer starts reimbursing. The lower the deductible, the higher the premium.

Making the right choice involves a certain risk. But it is at least possible to make an educated guess based on past experience. There are several bands between 300 and 2,500 francs per year for deductibles (the amounts are lower for children).

If you tend not to need medical care and think your health costs are likely to be low in the coming year, it would make sense to go for the maximum deductible, which can translate into a saving up around 40 per cent on premiums. If you have reason to believe your bills will add up to 2,000 francs or more, then you’re better off going for the minimum deductible.

Don’t double up

That’s all speaking about the mandatory insurance package, which includes illness, accident and maternity care. But make sure you really need that accident insurance. Anyone who is employed for more than 8 hours per week is covered by their employer’s accident insurance, in which case it should be removed from their personal policy.

If you are looking to save money on health insurance, chances are you won’t be looking for additional insurance, also known as supplementary insurance. These policies give you more freedom over choice of hospital, and also cover therapies and treatments that are not included in the basic mandatory package. You can have both policies from the same provider or mix and match.

Though it can be irritating to hear this, especially if you already have a health condition, there is one final way that you can save on health costs – don’t get sick. What this advice really means is to lead a healthy lifestyle by taking exercise, eating a balanced diet, not consuming too much alcohol and cutting out smoking. Those are things we have control over, unlike genetics and luck.

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