US Customer Support
Patriot Exchange Insurance
(Medical insurance for students involved in educational and cultural programs abroad)
- Sirius International Insurance Corporation
- A (excellent) by A.M. Best and A- by Standard & Poors
- International Medical Group
- Students engaged in educational activities of cultural exchange programs outside their home country
Unique Features
- $5million lifetime maximum
- $500,000 plan maximum per illness/injury available
- Renewable up to 2 years
- No PPO. Can be treated in a hospital or by a doctor of your choice
- No Coinsurance
- 60 days treatment period per chronic illness
- Optional coverage for adventure sports at additional price
- Discount on prescription drugs
Advantages
- $5,000 coverage for sudden recurrence of pre-existing conditions for US citizens
- F2 visa holders can buy this plan even if the F1 visa holders haven't purchased this plan
Disadvantages
- 12 months of waiting period for pre-existing conditions coverage for US and Non US Citizens
- Limited optional coverage for high school sports
- Does not cover pregnancy, new born
Coverage Example:
Policy maximum of the plan: $50,000
Deductible: $250
Coverage Region: Outside USA
First visit to the doctor due to sickness and the expense incurred is $400
Second incident is a bike accident and the injured is hospitalized and is undergoing leg surgery for which the expense is $80,000
Policy maximum of the plan: $50,000
Deductible: $250
Coverage Region: Outside USA
First visit to the doctor due to sickness and the expense incurred is $400
Second incident is a bike accident and the injured is hospitalized and is undergoing leg surgery for which the expense is $80,000
The following table shows the amount paid by the plan and the customer:
| Expense | Bill Amount | Customer pays | Plan Pays |
| First Visit to the Doctor due to sickness | $400 | $250 (Since the deductible is $250) | $150 |
| Sickness hospitalization | |||
| Hospital Room and Board | $40,000 | $0 | $40,000 (no coinsurance) |
| Other expense | $40,000 | $0 | $40,000 |
| Total: | $80,400 | $250 | $80,150 |
The usage of deductible and coinsurance:
- First time you visit the doctor with sickness the bill amounts to $400 for a filling
- You will have to pay this $250 as the chosen deductible is $250
- A few months later, you meet with a bike accident and get hospitalized to undergo a leg surgery for $80,000
- The plan will pay 100% of the eligible expenses as there is no coinsurance
Copyright © 2014 InsureUSvisitors.com