Temporary vs Permanent Insurance for Expats

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When shopping for health/ life insurance for an individual moving to the United States it is important to consider whether the plan is permanent or temporary.  But Evan, I thought all plans were permanent?  Not quite….

When an individual is not a resident they can have their choice between a temporary and permanent policy.  Why might an individual want a temporary policy?  For a myriad of reasons including only being in the United States for a short period of time, waiting on resident status to jump on a group plan or just not being aware that policy has an expiration date.

Another reason is price.  Generally, a policy less than one year in duration will be less expensive than a permanent policy.  This makes sense when you consider a carrier just has to accept the risk for a short duration of time and the longer you are on a policy the higher the risk to the carrier that some illness or injury will occur.  Under a permanent policy the carrier auto renews you at the end of your contract year.  The carrier CAN NOT cancel you for injuries and claims (unlike car insurance).

For an analysis of permanent and temporary options for new immigrants or expats please give E&M Global a call at 800-974-5077

#EB5 #immigration #emglobalinsurance #expathealthinsurance #EB5visa #permanentinsurance

Fiance Visa(K-1) Health Insurance

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Fiancé Visa(K-1) Health Insurance

A K-1 is a nonimmigrant visa that permits an expat of a U.S. Citizen to travel to the United States for marriage.  The marriage must be done within 90 days of their admission to the country.

For individuals looking for health insurance for their expected spouse this could create a significant issue and could threaten their Visa status.  I’ll explain further below.

As a newly arrived individual in the U.S. finding quality health insurance could be difficult.  Most of quality carriers (Non-Obamacare) will require the person to be a resident of the U.S. for 6 months. Many carriers also ask that the person to be a lawful U.S. Citizen or permanent resident.

At E&M Global Insurance we seek permanent solutions to this issue.  We believe an individual should have high quality PPO coverage from day one.

In addition, after speaking with many immigration attorneys having a health insurance plan already in place may help your chance by getting your visa more easily approved.  The government is wary of individuals coming in and being a drain on the health care system.  By having insurance, it shows them that no you are pro-active and this won’t be an issue.

To learn more about insurance for a Fiancé please give Evan Tunis a call at 800-974-5077.

E&M Global to be featured in EB5Investors Magazine

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For Immediate Release:

E&M Global Insurance is happy to announce that we will be featured the upcoming EB-5 Investors Magazine in August.  The magazine which is published for EB-5 investors, attorneys etc. will allow E&M to be seen by a new large international market.

Evan Tunis, Owner of E&M explains, “There is a lack of education and reliable information for new investors and residents on their health insurance was something that needed to be changed.  We wanted individuals to know there is a resource they could go to provide answers for all their new health insurance questions.”

E&M Global is a full-service insurance agency providing health, life, auto and homeowners insurance throughout the United States.  Our specialty is providing health & lie insurance for those born outside the United States and U.S. Citizens who travel internationally.

 

Yes, we offer coverage for J-1 Individuals

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During the American Immigration Lawyers Association Annual Convention, we were lucky enough to get insight and perspective from many of the top immigration attorneys in the world. Among their many questions and concerns was do we offer health insurance benefits for J-1 students?

The answer is yes!

Before we define what, these plans look like let’s take a second to define what an J-1 Visa does. A J-1 Visa is a non-immigrant visa to scholars, professors or students that allow them to obtain medical or business training within the U.S. The type of Visa is common among universities and other education facilities.

Below are the requirements of a J-1 Health Policy:

1. Medical benefits of at least $100,000 per accident or illness. At E&M Global we will not offer a policy
with less than 1,000,000 of coverage. The price is negligible and $100,000 will not cover a lot in a
hospital.

2. Maximum deductible of $500 per accident or illness.

3. Medical evacuation coverage to home country of at least $50,000

One of the advantages with working with E&M Global for a health policy is that we can custom tailor a plan to exceed the minimum requirements that will not be costly for your clients. Such things like doctor visits, maternity, medications and wellness checkups can be added to them polices. In addition since we only work with large carriers such as Cigna Global and International Medical Group there is no concern about a carrier not paying a claim.

If you would like to know more about a J-1 health insurance policy or have any questions regarding international health insurance for your clients please give us a call at 800-974-5077.  

Health Insurance for Au Pair’s and Nanny’s

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This morning we received a call from a law firm asking us if we look into insurance options for a nanny on a B-1 Visa. Visitior visas are nonimmigrant visa for person who want to enter the United States for a short period of time for either business or tourism.

The short answer is yes we can absolutely cover this client.

For whatever reason groups that work with au pair’s only offer very limited coverage that would basically bankrupt an au-pair if they were to go to the hospital. See Here

A plan like that covers at a maximum of $50,000.

At E&M Global Insurance we believe that if someone is watching your children they need to feel secure that if they are sick or injured they will have the best care available. Taking care of your children is enough of a job worrying about your inadequate insurance should be one of them.

For a quote on a Au Pair or Nanny Health Insurance product please call Evan Tunis at 800-974-5077.

Health Insurance for International Students

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Many of our clients seeking EB-5, F-1 or other visa types are doing it mainly for the ability to allow their children to attend a U.S. college or high school. There is a myriad of reason for this however we will discuss what you need to look for in an international student health plan.

1. How will this policy cover me in the event I am in the hospital? Am I able to go to whatever hospital I
want or will I have to go to an inferior hospital first.

2. Will my plan that I am buying cover me in my home country as well?

3. Will I must wait to purchase insurance for proper Visa types/Social Security numbers or medical
history?

International students face daunting challenges from a foreign language, new country, school etc. Having proper insurance shouldn’t be one of them.

What is a “network” for an Expat Health Insurance Policy?

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When shopping for Expat Health Insurance is of upmost important to make sure your new plan has a large network. What does a large network mean and how will this affect your plan will explain in detail below.

To begin with a network is a group of doctors/hospitals who take your insurance plan. It is important to understand that even the best policies/carriers may not take your insurance. Some networks require a general practitioner who oversees your health and to see a specialist you would need a referral.

For an Expat is it vital to make sure whatever plan you select covers the hospital/doctors your wish to go to. If you do not ha have any doctors yet make sure all the better hospitals in your area are covered on thenew policy you are considering. To select a policy without having all hospitals covered is exposing yourself to great liability.

Once you have established a carrier has a sufficient network you can then begin to look at plan options and deductibles.

In conclusion before shopping for any new policy make sure the network is superior.

Chinese Version Below:

購買外匯健康保險對於確保您的新計劃具有大型網絡至關重要。 大網絡意味著什麼，這將如何影響您的計劃將在下面詳細解釋。

開始一個網絡是一組醫生/醫院採取你的保險計劃。重要的是要明白，即使是最好的政策/運營商也許不會採取你的保險。一些網絡需要一名全面的醫生來監督您的健康狀況，並要求您需要轉診的專科醫生。

對於外籍人士來說，確保您選擇的計劃涵蓋醫院/您希望去的醫生至關重要。如果你沒有任何醫生，但確保你所在地區的所有更好的醫院都涵蓋了你正在考慮的新政策。選擇一個政策，而不必讓所有醫院覆蓋，都會使自己承擔很大的責任。

一旦你建立了一個運營商有足夠的網絡，你可以開始看看計劃選擇和免賠額。

在購買任何新政策之前，總之，確保網絡優越。

The Advantages of getting Health Insurance as an Expat

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When it comes to health insurance everyone is unhappy. Individuals wants to pay less-choice is limited and solutions from the government seem to be a case of hot potato.

Yet as strange as it sounds if you’re an expat this is not the case.

Expat’s have a unique circumstance where they can get medical insurance sometimes in their home countries but also International Carriers such as Geo Blue, International Medical Group and Cigna Global.

Evan Tunis, Owner of E&M Global explains, “For U.S. Citizens born in the United States you are limited to only certain plans during a 3-month period of the year. For an Expat, you can get one of these plans during open enrollment or an international policy at any time during the year and have access to more carriers.”

They way that Cigna Global and Geo Blue can do this is that they are based outside the United States so certain rules and ACA (affordable care act) regulations don’t apply.

 

Comparing Cigna Global and International Medical Group for EB-5 Clients.

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We compare and contrast the two best options for EB-5/EB-2 clients.

For individuals coming to the United States, getting proper insurance is essential. Currently the two strongest products are Cigna Global and International Medical Group’s (IMG) “Global Medical Insurance.”

Network

First off let’s compare the networks of the two products. The Cigna Global product uses Cigna’s PPO while IMG uses the “First Health Network.” The First Health Network is rather large and widely accepted; however we have had issues of clients not knowing if their insurance was with “First Health” or IMG. The Cigna PPO network is elite. The funny thing is this is the only individual product Cigna offers that uses this network. Advantage: Cigna

Price

This is tough to compare apples to apples but we will try our best. The Cigna Global product is best described as a cafeteria plan. What that means is that you can design a plan with just hospitalization, hospitalization and outpatient benefits, wellness etc. The IMG product is more straightforward with plan levels similar to the Affordable Care Act, starting with Bronze all the way up to Platinum. Doctor visits and medications are included in all categories. When comparing a Gold level client to Cigna, IMG was less expensive. Advantage: IMG

The Fine Print

The nice thing with the application and underwriting with Cigna is it’s simple. With IMG if you are an Expat but just obtained a Green Card, you cannot get coverage. In addition, if you are age 75 or older, IMG will not let you have coverage. Advantage: Cigna

Conclusion

Both IMG and Cigna are big players in the Expat insurance field. While IMG has a nice product, we feel that Cigna with 30 years experience in this market is a better product.

#EB5 #CignaGlobal #IMG #expatinsurance #EB2