Global Medical Silver Insurance is an affordable long-term, annually-renewable, major medical insurance. This insurance has specific dollar limits on most benefits. It is the perfect expatriate medical insurance policy for those who want coverage for a variety of medical services, but are seeking to reduce their premium costs.
Global Medical Insurance is available to individuals and families for all nationalities residing outside their home country.
Higher deductible options for the insured to choose from.
Deductible per period of coverage and 50% waiver of deductible if service is taken within the PPO network.
No coinsurance within the PPO network and outside the US and Canada.
Coinsurance inside the US & Canada (outside of PPO network) - 80% of the first $5000 after the deductible and then 100% of overall Max per period of coverage.
Refund of full premium if policy cancellation request is received within 15 days of receipt of the relevant insurance documents.
Policy cancellation request after this period will be granted at the sole discretion of IMG administrator.
Clearly defined limits under fixed benefits coverage. More affordable when compared to comprehensive plans, but with correspondingly less coverage. This works for small ailments, but can be inadequate for major expenses.
Cheapest options in the market definitely more affordable
Fixed benefits plans are have specific benefit limits for different covered medical expenses.These benefit limits are not the same as the plan medical maximum.
Global Medical Silver optional riders
The Traveler can purchase an optional rider at the time of application. The optional riders provide additional coverage for a minimal charge.
Treatment Outside the U.S.50% of deductible waived, up to a maximum of $2,500. No coinsurance.
Treatment Inside the U.S. (using Medical Concierge)50% of deductible waived, up to a maximum of $2,500. No coinsurance.
Treatment Inside the U.S. (PPO Network)Subject to deductible. No coinsurance.
Treatment Inside the U.S. (Non PPO Network)Subject to deductible. Plan pays 80% of the next $5,000 of eligible expenses, then 100% to the overall maximum per period of coverage.
Hospitalization/room and boardIn U.S. – 100% of average semi-private room rate. Outside of U.S. - 100% of private room rate (not to exceed 150% of semi-private room rate).
Intensive care$1,500 per day - 180 days of coverage per event
Surgery100%
Assistant Surgeon20% of surgery benefit
Outpatient Office visits and Diagnostic/X-Ray25 visits: $70 doctor/specialist maximum limit; $60 psychiatrist maximum limit; $50 chiropractor maximum limit; $500 surgery intervention consultation maximum limit $250 X-Ray per exam maximum limit; $300 lab tests per exam maximum limit.
Chemotherapy or Radiation TherapySubject to deductible. No coinsurance
Transplants$250,000 lifetime maximum
Emergency room illness (Additional $250 deductible if not admitted as an in patient)100%
Emergency room accident100%
Local ambulance due to injury or illness resulting in hospitalization$1,500 maximum limit per event - not subject to deductible or coinsurance
Emergency evacuationUp to $50,000 maximum per period of coverage. Not subject to deductible or coinsurance.
Emergency reunionNA
Return of mortal remains$25,000 lifetime maximum - not subject to deductible or coinsurance.
Rx coverage100%
Physical therapyMaximum $40 per visit - 30 visit maximum
Emergency dental due to accident$1,000 per period of coverage
Hospital indemnity (Outside the U.S. only)Private Hospitals: $400 per overnight and $4,000 maximum limit per period of coverage. Public Hospitals: $500 per overnight and $5,000 maximum limit per period of coverage.
Pre-Existing Conditions Limitation$50,000 lifetime maximum; $5,000 per period of coverage after 24 months
