Global Medical Platinum Insurance Reviews, Review of Global Medical Platinum Insurance

Consider an example where your:

Insurance coverage is $8,000,000
Deductible is $250 per certificate period
Coinsurance for claims incurred inside US and in the PPO: After the deductible, 90% of first $5,000 and then 100% to the policy limit
Your claims for medical expenses is $24,850

Below is a simple calculation showing how much the plan/insurance company pays you:

Subtract the deductible from claims amount - $24,850 minus $250 equals $24,600. Insured bears $250
Apply 90% coinsurance for first $5,000 of $24,600. i.e. $5,000*0.90 equals $4500. Insurance Company will pay upto $5,000. Insured bears $500
Plan/insurance company pays: $24,600 minus $500 equals $24,100 and insured bears $750

Expense	Amount billed	Amount Insurance Pays	Amount Insured Owes
Deductible	$250	$0	$250
Days in hospital	$2,000/day for 3 days	$4,500+$1000	$500 (10% of first $5,000)
Surgery	$16,500	$16,500	$0
Prescription Drugs	$600	$600	$0
X Ray	$1,500	$1,500	$0
Total:	$24,850	$24,100	$750

Unique Benefits

Non-US Citizens may avail of this plan wherever in the world they may be with no restrictions on time spent in any country.
Freedom to choose your health care provider.
No co-insurance outside USA and Canada!
Deductible reduced by 50% if treatment is sought within the PPO network.
Maternity benefit of up to $50,000 (lifetime benefit).
New-born care and congenital disorders covered up to $250,000 for first 31 days.
Non-emergency dental of up to $750 per calendar year.
Emergency dental due to accident: URC
Vision care of up to $100 for exams, up to $150 for materials per 24 month period.
High-school sports injury up to $20,000 per certificate period.
Mental/Nervous: $50,000 Lifetime benefit, available after 12 mos of continuous coverage.
Child Wellness: $400/period of coverage, available after 6 mos of continuous coverage.
Adult Wellness: $500/period of coverage, available after 6 mos of continuous coverage, for 18 years and older.
Optional Sports Rider is available providing lifetime coverage of $25,000 for adventure sports such as mountaineering, parachuting, and whitewater rafting. This optional rider also includes lifetime coverage up to $10,000 for amateur sports when not engaged for wage, reward, or profit along with contact sports like soccer and hockey.