How do I choose the right health insurance for studying abroad?

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When embarking on an educational journey abroad, the excitement of exploring new cultures and acquiring knowledge is often at the forefront of students’ minds. However, the importance of being prepared for unexpected health issues cannot be overstressed. Through the lens of real-life incidents experienced by insured students, this article aims to guide you on how to choose the right health insurance for your international studies abroad, ensuring a safe and secure experience. Before you go abroad, don’t forget to take out international student insurance!

Why do I need to take out international student insurance?

Without adequate insurance coverage, medical emergencies can lead to significant financial burdens. For instance, in countries like the United States, where healthcare costs are notoriously high, even minor incidents can result in exorbitant bills. Additionally, navigating a foreign healthcare system can be complex and daunting, especially when dealing with language barriers and unfamiliar procedures. Moreover, certain countries may require proof of health insurance as a condition for obtaining a visa or enrolling in a university, making it essential for international students to secure appropriate coverage before embarking on their educational journey.

In light of these factors, international student insurance offers crucial protection, providing coverage for medical emergencies, hospitalization, prescription medications, and other necessary treatments. By investing in comprehensive insurance, students can have peace of mind knowing that they are financially safeguarded against unforeseen health-related challenges during their time abroad.

What are the costs related to health care abroad?

Costs related to health care are often expensive, especially for international students studying abroad. Here are a few examples of incidents that took place among some insured students:

  • Lucas encountered dengue fever in Singapore, leading to medical expenses of €210.
  • Charlotte in Italy suffered a knee fracture from a scooter fall, with treatment costs nearing €5,000.
  • Estelle in Canada faced a severe scooter accident requiring shoulder surgery, amounting to over €20,000 in medical bills.
  • Thomas in the United States experienced a tragic accident involving a bus, resulting in surgery and healthcare costs exceeding €200,000.

These incidents underline the unpredictability of health-related issues abroad and the potentially high costs involved.

Can I be covered by my social security or credit card insurance?

Often, students rely on their credit card insurance or their social security coverage. However, this can be very risky. Social security coverage abroad is limited to 90 days and often insufficient compared to the actual medical costs in many countries. Credit card insurance, although helpful, may not offer adequate coverage for expensive healthcare systems and is valid for a maximum of 90 days.

What insurance should international students choose?

When selecting their insurance, students should take into account several criteria:

  • Global coverage: Mondassur’s insurance plans provide first-euro coverage, ensuring you’re covered from the first euro spent.
  • Multilingual support: Having access to qualified advisors in multiple languages.
  • Freedom of choice: Being able to choose your healthcare provider for consultations.
  • Direct hospitalization coverage: Getting immediate assistance and coverage for hospitalization.
  • Swift reimbursements: Obtaining reimbursements in your currency within a maximum of 7 days.
  • Online convenience: Easy online subscription and document management.

Mondassur’s Gold Student insurance offers three tailored levels to fit every student’s needs and destination country:

  • Gold Student Backup: Emergency coverage with a reimbursement cap of €50,000.
  • Gold Student Budget: Includes routine medical care, with a total cap of €150,000.
  • Gold Student Global: The most comprehensive coverage, suitable for countries with very high healthcare costs, offering a reimbursement cap of €250,000 and up to €500,000 for the United States. This plan also covers pre-existing conditions.

What to do in case of an emergency abroad?

For insured students facing health issues abroad, immediate assistance is available 24/7. Simply contact the assistance number provided by your insurance contract, and follow the claim process on your personal online space for quick reimbursements.

Choosing the right health insurance for studying abroad is crucial for a worry-free educational experience. It not only provides a safety net against unforeseen medical expenses but also ensures peace of mind, allowing you to focus on your studies and enjoy your time abroad fully. By considering the real-life incidents and understanding the potential costs involved, students can make informed decisions on the insurance coverage that best suits their needs and destination.

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Insurance is an essential study abroad prerequisite. Find the best one using our Insurance Finder