Health tourism insurance companies are the latest entrants to the health tourism business. Trends in medical tourism indicate that prospective patients tend to prefer companies that sell specially tailored insurance products that aid medical travel.
Travel Insurance for medical tourism provides coverage for international patients seeking medical treatment abroad through professional Medical Tour Provider Partners and Hospitals for medical complications arising out of the covered medical procedures they are going to undertake. Usually, the medical tourism health insurance plans do not provide coverage for the medical treatment the patient is seeking abroad; rather it covers for any complication arising out of the treatment.
Medical tourism and its insurance is a result of globalization of healthcare.
Medical tourism insurance is designed for individuals, employers, and facilitators who have Eligible Scheduled Treatment outside of the Insured persons home country. The scheduled treatment must be arranged through professional Medical Tour Providers. Any Eligible Scheduled Medical Treatment which produces a Covered Medical Complication might be covered.
Advantages of Medical Tourism Insurance Coverage
– Protects the financial investment of the patients if they are unable to start or complete the medical tour.
-Provides coverage for acute medical conditions or accidental injuries that may arise on the journey abroad.
-Any complications arising soon after the scheduled treatment, after the patient returns home, may also be covered under the plan.