InterMedicalTM is a comprehensive coverage plan for people who are traveling outside the U.S. and outside their home country, for up to one year. You can obtain an instant quote and/or purchase online on this web site. The insurance coverage can start as early as today or any future date you specify. As soon as you make a purchase, you will receive a confirmation of coverage in your email.
What is covered and not covered?
The insurance company will generally pay for new medical conditions, injuries (caused either by accidents or otherwise) or sicknesses that may occur after the effective date of the policy. It does not cover any expenses related to pre-existing conditions, preventive check ups, immunizations or maternity.
Prescription drugs are covered like any other eligible medical expenses. Dental is not covered.
InterMedicalTM provides coverage anywhere outside the United States including travel time as well. It does not cover loss of checked luggage.
How much is covered?
First, you will have to pay your per incident deductible $50 before the insurance company starts paying anything for the covered expenses, even for doctor visits. The deductible is not just for the hospitalization. There is no concept of copay.
After that, the plan pays 100% up to the selected policy maximum, either $25,000 or $100,000 per incident.
Lets assume that you have purchased a $100,000 policy maximum with a $50 deductible for 3 months.
The first time you visit the doctor, lets assume that a doctor charges you $150. You will have to pay the first $50. The insurance company will pay the remaining $100.
For any subsequent treatment for the same condition, you don't have to pay the deductible again. The insurance company will pay 100% for covered medical expenses, up to $100,000. If you incur any expenses beyond $100,000 per incident, you will be responsible to pay that amount.
Let's assume that you were in an accident and are hospitalized for 2 days. The hospital charges $12,000 per day for a total bill of $24,000. After you pay the deductible of $50, the insurance company will pay the rest.