More and more healthcare insurance companies are putting their toes in the global healthcare referral ocean. While they are still suspect about several barriers, cost savings and the value proposition, insured healthcare consumers should investigate a few options that are sprouting.
First, if you work for a small to medium sized company that is self-insured, check to see if a “medical tourism” benefit is part of your healthcare insurance plan.
Second, your health insurance benefits may include “out of network” care, particularly if the care you need is not provided by a member of your network. Be careful, though. Be sure to cross your t’s and dot the i’s before going for out of network care. Otherwise, you might be stuck with a big bill.
Finally, there are more and more conversations about whether Medicare and Medicaid should pay for care in non-US locations. Stay tuned.
BOTTOM LINE: Payors are experimenting with payment options for those seeking care in non-US locations.
