International Companies looking for Health Insurance options
If you are a company that have worldwide employees, there are Global Health Insurance products that may be a good fit. When you have over 100 employees worldwide with locations inside the US, Global plans are very flexible and a great option. They can be a bit pricey, but enrollment and flexibility in tailoring the plans is much better than domestic plans like Anthem Blue Cross, Kaiser, Aetna, etc.. Currently we insure companies from Singapore, India, and England using the Global Health Insurance options. When your company have needs of interchanging employees, the option of insuring overseas employees and dependents, or have an unusual payroll mechanism, International Health Plans are a great fit
International companies struggle with employees with visas and obtaining health insurance
Many times, we help companies that have issues with the typical domestic US Health Plans that don’t fit with their needs. The Global Plans are super flexible with how companies structure their plans and benefits. They can tailor the deductible, copays and even the benefits offered. The pricing is adjusted accordingly. The pricing structure of International Health Plans use a composite rating, meaning that if you are 18 or 60 years old, you pay the same price for the plan. This can be good or bad depending on the demographics of your International Company
Comparing Expat Health Plans
When you are considering an Expat Health International Health Plan, the differences can be significant. Some companies accept a larger US citizen population than others. Others have a better International network than others. The International community is relatively small, so many of the International carrier reps have worked for several of the companies.
Variety of insurance carriers that offer Global-International-Expat plans
There are 6International carriers that most employers work with. Blue Cross Geo, Aetna, Cigna, United HealthCare, Bupa, and GBG. Any other carriers I’d be suspicious. Their International networks are vast and far reaching.
Brauer Insurance can help you translate the Global and International Health Plans for you.