Controlling the Cost of Medical Evacuations Coverage
When a company has employees traveling all over the world, the risk of an injury or a medical emergency such as a heart attack is a real possibility that needs to be considered. The situation can get even more complicated when an emergency happens in a remote part of the world, a place where there isn’t a hospital or facility that can effectively treat the injury or condition.
Humanitarian aid organizations entering a country after a natural disaster or violent conflict are likely to find a crushed medical infrastructure that will not support any real medical support. Those instances require medical evacuation, which can be an expensive process.
What is the cost you can expect to pay?
It is estimated that the cost of a medical evacuation from Europe to North America is $50,000 with potential costs such as a nurse going on the evacuation; language translation services; and the cost of communicating with people back home – the total cost of an evacuation can reach upwards of $100,000. Increasingly, multinationals are also looking at medical evacuation benefits for domestic staff from the operating country in cases where the medical infrastructure is really deplorable – adding to more chance of high-ticket evacuation needs.
The good news is that there are ways to prevent being hit with a huge bill pertaining to medical evacuations.
The Benefits of International Insurance
A good international medical coverage plan will likely cover many of the expenses of a significant medical event in a developing country including evacuation to the nearest hospital or facility that can treat the emergency. Once the patient is stabilized at that facility, he or she can choose to be treated at another facility. The insurance company will handle coordination of evacuation efforts with support from an on-call physician who can make the call regarding when and where to evacuate an employee. The insurance company will also manage all payments to a rescue team. Depending on the plan, payments to the medical facilities may be handled with direct payments or reimbursements.
Alternatively, a medical evacuation insurance plan only covers those costs of the evacuation – and not the actual medical care received.
Some companies manage costs with exclusions for high-risk sports and activities—such as zip-lining, parasailing and mountain climbing. Employees should look into taking out a separate personal accident insurance policy that will cover any costs pertaining to those high-risk activities.
Beyond Evacuation – Emergency Medical Reunions and Repatriation
In addition to medical evacuation coverage, a comprehensive international health plan will also cover costs for an emergency medical reunion if a critical medical emergency necessitates a family member to travel to visit the insured. Finally, the plan will also include repatriation of remains back home in case of death.
To learn how to get your employees the best possible overseas coverage, find about Clements’ group health coverage which includes medical evacuation services.
Call us today at +1.202.872.0060 or 800.872.0067 or e-mail email@example.com to discuss your insurance needs.