I need insurance for my wife who is coming to US on H4. Can you please explain the coinsurance part of the plan which costs me $5,239 and coverage of $50,000 . Can you please let me know, how the coinsurance works for the plan?
Thank you for contacting us at American Visitor Insurance
for your travel health insurance needs! Here are the links for the policy we spoke about over the phone:
Here is the link to our product page on our site:
You can get all information about Atlas insurance, see the brochure, search the PPO network and buy the policy in the website.
This policy is available for H4 Visa
This policy is very popular with international travelers and has many excellent features. In particular, their coverage of "acute onset" of pre-existing conditions up to $100,000 or the maximum of the plan (whichever is smaller) for medical expenses and an additional $25,000 for emergency medical evacuation can put your mind at ease.
To purchase the Atlas America plan
, you can go directly to this site:
This is how co insurance works for this plan.
$50,000 is the policy maximum. This is the maximum that you have chosen which the plan pays in case of any kind of emergency such as emergency evacuation etc.
Now coming to how the plan pays in case of individual expense:
If you incur medical expense of lets say $5,239 and you have selected a deductible of $100. Then here is how the expense is calculated.
5239 -100(amount that you need to pay) = 5139. Now the co insurance is applicable for the first $5000 only in case you got to a network outside the PPO. In that case, you will pay the 20% of $5000 which is $1000 and the rest will be paid by insurance company. So out of 5239 you will be paying 100(deductible) + 1000 = 1100 and the rest is paid by insurance company.
Please let us know if we can help you in any further.
+1 (877) 340 7910Reviewed & Updated : February 2020