Buy Medical Insurance Form India Vs Usa Quora

A policy with medical cover upwards of 250 000 in the us could cost you around 700 750 a year with sub limits like out patient dental and sports related treatments while you can buy similar travel cover for 15 000 20 000 in india according to an article on livemint.

Buy medical insurance form india vs usa quora. Companies are rated a a a or a by a m. The portability also applies when you switch from one plan to another with the same insurer. There are currently four us insurance providers namely trawick international seven corners inf insurance tokio marine hccmis and global underwriters who offer us visitors insurance coverage for coronavirus. In the us it s mandatory to get health insurance and you have to pay a penalty if for some reason you choose not to get it.

A comparison between insurance in the western countries such as usa and that in india is necessary to facilitate improvement in the insurance sector of india. For example health insurance in the. Visitors can compare covid19 us visitor medical insurance and buy visitor insurance usa for coronavirus. When you buy insurance from india the major advantage you have is the cost.

Health insurance is mandatory in the us unlike india. Apologies in advance i run this business. I have spent few days reading articles talking to insurance agents online agencies gathering information to find the right insurance policy for my family. Unfortunately only 20 of the total population in india has health insurance coverage.

These factors have helped me identify the best one among so many in the market today. Portability in health insurance has come into force w e f 1st october 2011 the health insurance policyholders thereby have the right to buy a policy from another insurance company of his her choice. Additionally only 18 percent of the total population residing in urban areas and 14 percent of the total population residing in rural areas had any form of health insurance coverage. Let s check why you need health insurance cover in india.

There are reliable companies with proven track records.