Monday, April 13, 2009

U.S. saw record number of visitors in 2008

"A record number of foreigners visited the USA in 2008, thanks largely to an increasing number of Mexicans and Canadians on vacations or business trips, according to government reports. " Read more at USA Today

The article further states the U.S. Chamber of Commerce and U.S. Travel Association say some Europeans, Asians, South Americans and Middle Easterners avoid flying to the US due to the difficulty in obtaining a Visa. We have client's contact us purchasing affordable visitors insurance because financial responsibility of the host is required to pay for any medical expenses. In addition to the security measures, it all adds up to a lot of red tape for the foreign visitor and US host. Does the measures increase our country's security? I don't know, but what i do know is the health insurance requirement reduces the cost of doctors, hospitals, local and federal government having to pay for incurred expenses of non-US Citizens temporarily in the U.S.

Is you, a family member or colleague is visiting the US, then we recommend taking a look at one of our affordable health insurance plans for visitors or immigrants. Check out our Atlas or Inbound Immigrant plan for visitors and our Amigo short term health insurance and Citizen Secure policies for foreign nationals residing or immigrating to the U.S. http://www.immigrationhealth.com/ or http://www.overseashealth.com/.

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Friday, April 10, 2009

Misconception #6 about COBRA

From Kiplinger

“Misconception #6: You can receive the COBRA subsidy the entire time you're covered by COBRA.

Federal law requires most companies with 20 or more employees to let former employees keep group health-insurance coverage for up to 18 months after they leave their jobs. But the 65% COBRA subsidy lasts for only nine months. After that, the premiums will jump back to the full price - and the average employer health-insurance plan costs $12,680 per year for family coverage, according to the Kaiser Family Foundation.

…. And COBRA does not apply if the company stops offering health coverage to current employees or shuts down entirely.”

So the average family would still have to pay $6,498.52 per year for COBRA and it is only valid for 18 months. Read more about COBRA

If you want an affordable option to COBRA or will be receiving Medicare benefits within the next year or want a more affordable health insurance, then consider short term health insurance. You can save 20 - 50% for up to 12 months of major medical coverage. Visit http://www.bestshorttermplan.com/ for more information.

If you are like and located in the US, then you know how fragile the US economy is. Many US Citizens are investigating offshore investments and even relocating outside the US to protect their bank accounts and assets from the unavoidable tax increase, especially family making over $250,000.00. If you are considering relocating or retiring abroad, then visit our website for more information on international health insurance. Many people are pleasantly surprised to find our Global Citizen International Health Insurance is less expensive than traditional or domestic policies and it costs less money out of pocket for medical expenses incurred abroad.

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