MEDICAL TRAVEL INSURANCE

[Kavya]

Medical travel insurance products are an emerging part of the health
tourism industry. Companies that provide insurance products for
medical travel services will be seen by potential patients as they
have an advantages over it. Medical travel is also called as medical
tourism used by travel agencies and the mass media to describe the
rapidly-growing practice of traveling across international borders to
obtain health care. It also refers pejoratively to the practice of
healthcare providers traveling internationally to deliver healthcare.
Basically, International medical travel means leaving your home
country to obtain medical or dental care.
Factors that have led to the increasing popularity of medical travel
include the high cost of health care, long wait times for certain
procedures, the ease and affordability of international travel, and
improvements in both technology and standards of care in many
countries.
Medical tourism operators assist clients in need of important and
occasionally life-saving medical treatments. However, as with any
procedure, these treatments come with the risk of complications, which
could jeopardize a company’s reputation and assets. So therefore,
obtaining the appropriate insurance for our medical tourism operation
will help to protect and secure the future of our business.
No matter what kind of medical procedure you need or want to have
done, the cost is always an issue. Medical tourism has emerged as a
very affordable alternative to having surgery, dental work and other
procedures performed in your home country.
Medical tourism insurance policies address the unique needs of the
medical tourist to help them protect the financial investment that
they have made in choosing to travel overseas for a medical procedure
and the need for medical travel insurance are driving the changes that
will benefit all the medical tourism players.
There are a number of international travel health insurance and trip
cancellation insurance providers. They often have a network of
providers worldwide. The network may contain hospitals, clinics,
medical spas, and physicians, as well as air ambulances, house call
physicians, medical escorts, and various other providers geared
uniquely to the travel and medical tourism insurance industry. These
companies offer a number of different types of policies each designed
with specific coverage.
There are 3 different insurance category groups which comes under
medical tourism insurance. They are as follows:
a)Professional Liability Insurance for Medical Tourism Operators:
a Professional Liability policy would cover the amount legally
required to be paid by the facilitator and the defense costs.
b)Personal Accident Insurance for Medical Tourism Operators:
Personal Accident coverage pays a pre-agreed amount if the medical
tourist is permanently disabled or dies during the trip. This
immediate compensation may also include the beneficiaries from
engaging in a tedious and costly litigation process.
c)Trip Cancellation Insurance for Medical Tourism Operators:
Trip cancellation insurance reimburses a medical tourist for prepaid,
nonrefundable expenses such as airline tickets and, accommodations, if
a trip is cancelled due to an unforeseen emergency.

Medical traveler do plan their travel and treatment plans with
Healthcare facilitators like Surgery Planet who provides wide range
of services to the people worldwide making them the best medical
tourism company across the globe.