Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Supplemental insurance to Medicare while traveling out of the country
Old 08-02-2017, 10:12 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,615
Supplemental insurance to Medicare while traveling out of the country

For those who are on Medicare and travel outside the U.S, how do you handle medical insurance coverage outside the U.S.? Do you purchase an additional supplemental insurance policy to cover medical expenses incurred when you are traveling? If so, do you have a provider you'd like to recommend?

I have a Plan G supplemental gap insurance which, if I understand it correctly, offers 80% coverage (after you meet the $250 annual deductible) for medical expenses outside the U.S. with a $50K lifetime cap. Trying to figure out if I need more insurance.

omni
__________________

omni550 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-02-2017, 11:00 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Jun 2004
Location: E. Wash
Posts: 1,202
While Medicare Plan F&G provide 50K life time coverage, my experience is you need to be prepared to pay any foreign medical out-of-pocket at the time of service. You should also expect to spend an amazing amount of time submitting foreign invoices to your Plan B provider who is likely to only recognize usual and customary amount and apply the 20% deductible to that amount.
We have found it is worthwhile to buy medical insurance for our foreign travels and be sure the insurance co will take primary position for any claims, including paying medical providers directly.
Check out the threads on buying travel insurance for stories and provider suggestions. I have used Squaremouth.com originally recommended by Chris Elliott, travel columnist for our foreign travels.
Good Luck
Nwsteve
__________________

nwsteve is offline   Reply With Quote
Old 08-03-2017, 11:41 AM   #3
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,615
Quote:
Originally Posted by nwsteve View Post
While Medicare Plan F&G provide 50K life time coverage, my experience is you need to be prepared to pay any foreign medical out-of-pocket at the time of service. You should also expect to spend an amazing amount of time submitting foreign invoices to your Plan B provider who is likely to only recognize usual and customary amount and apply the 20% deductible to that amount.
We have found it is worthwhile to buy medical insurance for our foreign travels and be sure the insurance co will take primary position for any claims, including paying medical providers directly.
Check out the threads on buying travel insurance for stories and provider suggestions. I have used Squaremouth.com originally recommended by Chris Elliott, travel columnist for our foreign travels.
Good Luck
Nwsteve
Thanks, nwsteve. I'll check out Squaremouth.com.

I just spoke about this supplemental medical travel insurance with my friend who took up permanent residence in Canada. He also travels quite a bit, sometimes a quick jaunt to the US and other times a month-long trip to Europe. He says he has a policy thru AIG/SunLite insurance which he purchases on an annual basis for max. coverage (IIRC $5 million). He says he just 'sets it and forgets it' by buying it once/year vs buying medical insur every time he leaves the country.

omni
omni550 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Using Plan F (Medicare Supplemental) for Travel Insurance nwsteve Travel Information 7 10-01-2015 09:05 PM
Medical Attention While Out of the Country TrvlBug Health and Early Retirement 15 05-26-2014 03:20 PM
What Medicare plan & supplemental protects best for fewest out-of-pocket suprises spncity Health and Early Retirement 14 09-07-2013 12:06 PM
Medicare supplemental insurance at NO cost affiliated with AARP? Orchidflower Other topics 8 11-07-2009 08:00 AM

» Quick Links

 
All times are GMT -6. The time now is 07:40 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.