Five Important Factors to Consider When Purchasing Health Insurance in Mexico

Buying healthcare coverage is a substantial investment, and you will want to make the best decision possible. How do you find the best Mexican health insurance for your trip or stay in Mexico? Here are five things to keep in mind before making a decision.

Deductibles and Copays

Insurance providers in Mexico offer deductibles per event rather than per year. Many travelers and expats are unaware of this, and if you use your health coverage more than once during the year, you may find yourself paying multiple deductibles.

Do you have copays on your policy? A copay or coinsurance is another out-of-pocket expenditure you may incur if you visit a medical professional or hospital that is not on the list in your insurance policy's network.

Network of Doctors and Hospitals

If having the freedom to choose your healthcare professional or hospital is important to you, you must find out if your Mexico health insurance policy allows you to do so. Some health insurance policies only provide coverage inside their network, and moving out might result in substantial out-of-pocket costs.

Claim Assistance

Even if you have lived and worked in Mexico for many years, you may not be fluent in Spanish. And, let's face it, even in your native language, insurance can be a perplexing subject. During a medical emergency, you want to know that your insurance provider understands your position. Therefore, it is crucial to pick a Mexico health insurance provider with English-speaking agents and offers claims assistance in English.

A good insurance provider understands that some of its clients may only be able to communicate in English. That being the case, all insurance papers should also be in English — or at the very least, your insurance carrier provides courtesy translation.

Sum Insured Amount

The sum insured is a crucial component of every health insurance policy that must be considered. It is simply the maximum amount the insurance will pay in a year, and you must understand how much your Mexico health insurance policy will cover. This is especially the case if you are fighting medical disorders such as cancer, cardiovascular disease, HIV, and other life-changing conditions requiring continuing treatment.

Restrictions

Would the benefits you receive be affected in any way if your insurance provider places restrictions on your acceptance? The limitation may impose an additional deductible, a waiting period during which no coverage for the pre-existing condition is provided, or it may result in the outright exclusion of the pre-existing disease. The certificate of coverage will detail your coverage and any exclusions.

If you already have a Mexico health insurance policy and are unsure about these five factors, review your policy before you need medical treatment. However, if you are thinking of buying online Mexican insurance, the West Coast Global Insurance team would be happy to answer any questions you have and help you choose the plan that is best suited to your needs. You can also fill in this Health Questionnaire to determine your adequate level of coverage.