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Global Medical Gold Insurance, Global Medical Gold Insurance reviews and experiences for Worldwide Insurance coverage
Global Medical Gold Insurance is long-term, annually-renewable, major medical insurance that provides worldwide health insurance coverage to people of all nationalities. Global Medical Gold Insurance is an ideal expatriate medical insurance plan for those who need a full range of medical benefits.
Global Medical Insurance - Plan Description
Global Medical Insurance is designed to provide coverage similar to Global Medical Insurance, however, it features specific dollar limits on most benefits. This is the perfect plan for those who want coverage for a variety of medical services, but are seeking to reduce their premium costs.
You also have the option of adding Global Term Life InsuranceSM and Global Daily IndemnitySM to your Global Medical Insurance coverage.
Global Term Life Insurance
- Global Term Life Insurance provides protection for your family at the time of a traumatic loss and is available with no additional underwriting. This coverage is available for a standard annual premium of $240 and includes an Accidental Death and Dismemberment benefit.
Global Daily Indemnity
- Global Daily Indemnity pays you US$100 for each covered overnight hospital stay other than those related to pregnancy.
Global Medical Insurannce - Plans
Global Medical Silver plan - It offers US$ 5,000,000 lifetime per individual.
Global Medical Gold plan - It offers US$ 5,000,000 lifetime per individual.
Global Medical Platinum plan - It offers US$ 8,000,000 lifetime per individual.
Global Medical Insurance - Plan Benefits
Global Medical Insurance covers the Usual, Reasonable and Customary (URC) charges for eligible expenses in the area where you receive treatment. Each insured person will only need to satisfy their deductible once per period of coverage (12 months), with a maximum of three deductibles per family.
For eligible expenses incurred in the U.S. and Canada: once the deductible is met, it pays 80% of the next US$5000 in eligible expenses, then 100% of eligible expenses up to the policy maximum.
For eligible expenses incurred outside of the U.S. and Canada: once the deductible is met, it will pay 100% of eligible expenses up to the policy maximum.
The foregoing list is only a summary of available benefits and coverages, and is subject to the specific terms and conditions of the plan concerning eligible benefits, limitations, eligibility and exclusions. Please refer to the certificate wording for a complete description, which is available upon request.
Global Medical Insurance - Policy Exclusions
After coverage has been in effect for 24 continuous months, Global Medical Insurance provides a US$50,000 lifetime benefit for eligible pre-existing conditions that existed at or prior to the effective date, subject to a maximum of US$5,000 per period of coverage. This benefit is payable whether or not you have received consultation or treatment for the condition(s) during the 24-month period. This is important since few pre-existing conditions remain free from ongoing consultation or treatment, and often do not qualify for coverage in standard plans. Global Medical Insurance does not "rider" or charge additional premium for pre-existing conditions. If you properly disclose a pre-existing condition at the time of application, and are accepted into the plan, you will be covered for eligible medical expenses after 24 months of continuous coverage, subject to the foregoing limits and the other terms of the plan.*
The following illnesses which exist, manifest themselves or are treated or havetreatment recommended prior to or during the first 180 days of coverage from the initial effective date are considered pre-existing conditions under the plan, and are subject to the waiting period and other limitations of coverage described above: asthma, allergies, tonsillectomy, back conditions, adenoidectomy, hemorrhoids or hemorrhoidectomy, disorders of the reproductive system, hysterectomy, hernia, gall stones or kidney stones, any condition of the breast, and any condition of the prostate.
OTHER EXCLUSIONS & LIMITATIONS*
- Maternity and newborn care (unless the maternity rider is purchased - see details under the Benefits section)
- Inpatient mental and nervous
- Routine physical exams
- Dental treatment unless accident related
- Organized amateur or professional sports
- Treatment not ordered or received by a physician
- Treatment or supplies not medically necessary
- Investigational, experimental or research procedures
- Custodial care
- Weight modification
- Elective cosmetic or plastic surgery
- Treatment of impotency
- Contraceptive medication or treatment
- Drug and alcohol abuse treatment
- Organ transplants not specifically listed
- Devices to correct sight or hearing
- Routine foot care
- Treatment by a relative or family member
- Treatment as a result of war or riot
- Treatment resulting from illegal activities
- Speech therapy
- Persons HIV+ at effective date
- Services and treatment eligible for payment by any government or other insurance
* See certificate wording for a definition of pre-existing conditions and a complete list of exclusions and limitations, and for all other specific terms and conditions of the plan. Certificate wording is available upon request.
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