Sunday, March 20, 2016

Beware travel health insurance

Buy travel health insurance, end up with less coverage: A Canadian couple's hard lesson

If you buy travel insurance, be aware of the 'first payer' clause

They looked at buying travel insurance through their group health insurance provider at home, Pacific Blue Cross (PBC), but decided to go with a policy from RBC Insurance because it was slightly cheaper. After a serious illness, the US bill came to more than $200,000 US. 
A "first payer" clause, standard insurance industry practice called "subrogation," means RBC sent the bill to PBC. RBC recovered $97,954.19 from the other insurer. 
Pacific Blue Cross, like many insurers, has a lifetime maximum coverage amount for its extended health plans, and they are dangerously near it, since they both have chronic illnesses (diabetes and MS).  Milaneys' Pacific Blue Cross coverage includes dental, vision, physiotherapy and medical devices.


Debbie said...

interesting....good information!!!!

Denise inVA said...

Very interesting, and good to know. Thank you for this post.