Moving to a massive, fast-moving city like Suzhou can be overwhelming no matter where you are from. Feeling confident about your medical coverage is imperative so that you can get settled into a new place. The experienced professionals at Expat Insurance Suzhou can help you find the right coverage for individuals, families, and groups.
Expatriate Health Insurance Suzhou
Whether you are a national relocating for your job or an expatriate moving to or traveling in Suzhou, your time abroad will be much more enjoyable with the security of reliable medical insurance. With all of the varied concerns that come with any big move, choosing your coverage doesn’t have to be stressful.
The plans that Expat Insurance Suzhou will arrange for you include benefits that are vital to have while you are living outside of your home country. Services like emergency evacuation, hospitalization benefits and repatriation of mortal remains are standard in any expatriate medical insurance plan in Suzhou. In many cases, your plan also comes with a lifetime guaranteed renewal. Our Health Insurance advisors can help find the Medical plan that exactly suits your situation, and Expatriate Health Insurance Suzhou can help you choose a Health Insurance Plan that will cover all the needs of your new life abroad.
Professional Health Insurance Service you can trust in Suzhou
Expat Insurance Suzhou will be with you for the duration of your health insurance policy. We offer additional customer services that include claims advice, emergency contact numbers and medical advice lines. We also maintain a comprehensive list of Suzhou hospitals/doctors. Most of our clients are expatriates so we maintain a list of Embassies in Suzhou.
Medical insurance for expat families living in Suzhou can get very expensive very fast. Let’s look at a few numbers.
Let’s say you are a family of 4 living in Suzhou, and you are in the market for comprehensive medical insurance that covers both inpatient and outpatient services. One international insurance provider offers coverage to China expats at 3 levels of service. The mid-priced package provides hospitalization, outpatient services, health checks, emergency medical evacuation, and a variety of other features that expat families in China would care about. It does NOT cover the US, except for emergencies.
How much can you expect to pay for this kind of coverage?
If you were a single 34 year old living in Suzhou, your annual premiums would be just a bit over US $1500 (as of November 2007). You first child would cost you an extra $700 or so, and your second child would add another $ 550. So for the whole family, you can expect to shell out around US$ 4,250 for a year’s worth of comprehensive medical insurance in China. (Being in China will cost you around 10% more.) It’s worth it to have piece of mind – but even better if you can get your company to foot at least part of the bill!
BUT, you can lower your premiums significantly by opting for a “deductible” or “excess”. (US providers say deductible, UK and international say excess. Same thing.) If you select a $100 deductible, then the first $100 in medical expenses each year are your responsibility, and you must pay out of your own pocket.
In the case of this fictional company, a $100 excess will save you around 5%, a $400 excess will cut your premium by 15%, and a $1,600 excess will save you 30%.
Every company is different, and you will have to sit down with an advisor to get the facts for your unique situation. But expats and international Chinese in China can expect to see these kinds of premiums for high-quality comprehensive medical insurance.