"The problem with getting health insurance is that you never know what to get. Do I get a local plan or an international plan? What does my plan cover? What else should I think about adding into my policy? How can I keep the costs of my policy low?" In Part One of his two-part article, Jenkin Au of Global Health Insurance looks at health insurance - the benefits of an international plan over a local one, and what the typical plan can cover.
"Because insurance is defined as the equitable exchange of risk for a payment, the insurance companies are undertaking some risk in exchange for your payment. When calculating the premium, it’s quite a different formula for an international plan and a local plan." Jenkin Au concludes his look at health insurance with an examination of how you can keep the costs down and still maintain high coverage.
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