Best health insurance for H1B visa holders, Health insurance for H1B and H4 Visa
Find the best US H1b visa medical insurance with Covid 19 coverage
H1B visa holders are facing a very stressful situation in the United States. In addition to the legal changes, the high costs of healthcare especially in light of Covid 19, makes it paramount importance to have best Covid19 US H1b visa health insurance. This will mitigate the financial risks while in USA. At American Visitor Insurance, H1B visa holders can find the ideal Covid H1b visa medical insurance plan by using the Covid19 US H1B visa medical compare insurance tool. H1B visa holders should provide relevant information such as their age, the duration of insurance coverage and other relevant details like the medical maximum coverage, the deductible and the need for US H1B visa insurance with Covid coverage. The H1 B visa insurance comparison utility will display the available health insurance plans based on the visa holder’s specific requirements. H1b visa holders can further filter the displayed plans and one of the filter option is specifically about coverage for Covid illness. The H1B visa holder can then review these filtered plans based on price and other coverage benefits to select the Covid 19 US H1B visa insurance plan that they like best.
Deductible : The deductible amount has to be paid by the traveler before the insurance plan starts paying for medical expenses. The deductible is inversely proportional to the premium cost of the plan.
Other significant travel insurance factors: Other important factors are the co-insurance, renewability, PPO network and the insurance underwriter. These are clearly highlighted in our Covid19 travel insurance comparison tool.
There are so many H1B visa holders currently in the US either without proper health insurance, or having medical insurance that does not provide coverage for Coronavirus. At American Visitor Insurance, we are committed to getting you the best Coronavirus medical insurance coverage available in these uncertain times.
Currently the following companies are offering medical insurance which includes coverage for coronavirus.
Trawick international provides coverage for Coronavirus like any other illness as long as the illness did not start before buying the Trawick insurance policy. Trawick International offers Safe travel USA insurance and Safe travel USA Comprehensive insurance for coverage inside USA. These plans require pre-certification for the virus.
Diplomat America Insurance by Global Underwriters offers coverage for covid-19 as a new sickness. It is available for Non-US citizens or residents travelling to the US. Pre-existing ailments are however excluded, which means that travelers infected before the plan effective date, will be considered as an pre-existing medica condition and will not provide coverage for that ailment.
The INF travel insurance works well if you are currently uninsured or to complement an existing policy for Coronavirus coverage or if you are replacing an existing policy that does not provide adequate insurance coverage in light of the coronavirus pandemic.
US H1B visa holders can buy these INF insurance plans. INF offers two fixed benefit plans namely INF premier insurance and INF standard insurance and two comprehensive benefit plans namely INF Elite Network insurance and INF Traveler USA insurance with Covid19 coverage. These INF plans are quite affordable and many travelers and students are even buying this plan to complement their existing insurance option if they has limitations in coverage for COVID-19.
Please know we are here to help you make the best, informed decision to get coverage even for COVID-19! Let us know how we can assist you. Feel free to contact us by email or phone at any time.
Health insurance for H1B visa holders
H1B Visa is a temporary work Visa for non immigrants in US offered by US employers in specialty occupations. H4 Visa is given to dependents of the H1 Visa holder. The dependent could be a spouse or minor children.
Health insurance had been made mandatory in the US according to the Affordable Care Act (ACA) commonly referred to as Obamacare. The Trump administration has however repealed the requirement making it compulsory to have health insurance. Obamacare is however not Government subsidized health care like in some other countries.
Health Insurance is however an essential requirement for anyone living in the United States given the high cost of healthcare for H1B visitors in the US. Not having proper healthcare coverage while on the H1B visa can have huge adverse implications. People have to pay the entire medical expense out of their pocket which can easily be in hundreds of thousands of dollars or more.
Can non citizens get Medicare?
To qualify for Medicare, you must have worked in the US for 40 quarters (10 years) or have a Green card for at least 5 years.
h1b h4 visa insurance US employers with more than 50 full time employees provide health care coverage. If there are less than 50 full time employees and if your employer does not provide health care coverage, you need to purchase a qualified health insurance plan to receive coverage for medical treatment. While employers provide some cover for H1B visa holders, they do not usually provide coverage for H4 Visa holders.
At American visitor insurance we offer a number of short term visitor insurance plans which however do not satisfy Obamacare (ACA) requirements. These plans work well even while you are waiting for your employer's plan or during the time period before you can purchase a domestic Obamacare US plan. HEALTHCARE COST IN USA
Importance of H1b visa insurance coverage
Given that health care costs in the USA are astronomical, a H Visa insurance plan is a requirement while in USA. American Visitor Insurance allows a H visa holder to buy short-term medical insurance for the duration of their stay in the USA. This short-term medical insurance plan will cover them for injury sustained in an accident and for any new sickness. Health insurance coverage for H1-visa in the USA includes medical expenses such as doctor's visits, hospital fees and medicines/prescription drugs. We work with all the major insurers who offer health insurance for H1B visa employees, so that you can select the most appropriate plan for your needs from amongst all available plans.
We try to identify the best insurance for H1B visa holders. All health insurance for H1B visa holders offered here are underwritten by reputed insurers with A.M. ratings of A+. On purchasing the insurance, you will be provided with the relevant medical insurance details, including an ID card, and a toll free number to the plan administrator so that you can contact someone, at any time of day or night in case of a medical emergency. You may also use the toll free number for guidance on how to find a hospital or doctor, file a claim, or verify a benefit.
The monthly premium or cost of the H1B or H4 Visa insurance plan depends on the following variables:
The age of traveler: The older the H visa holder, the more expensive is the medical insurance costs for H1b visa holder.
The maximum medical coverage selected: The options range from $25,000, up to $1,000,000, the higher the coverage amount, the higher the premium.
The selected deductible: A 'deductible' is the amount of the medical costs the customer pays before the insurance plan provides any coverage. Most plans provide several options ranging form $0 to $2500 (travelers over age 60 years may not have the $0 deductible option). The lower the deductible, the higher the premium.
The co-insurance on the plan: 'Co-insurance' is the percentage on medical expenses borne by the customer AFTER the deductible is paid off. This is relevant to comprehensive plans and is typically the 80/20 or 90/10.
The insurance underwriter: There are different underwriters such as AIG, Lloyds, Nationwide, etc. Premium will correspondingly vary for different underwriter.
Fixed Benefits plans are have specific benefit limits for different covered medical expenses. These benefit limits are not the same as the plan medical maximum.Scheduled Benefits Example: A plan with a $50,000 maximum limit may have a maximum of $3000 for surgery, and a maximum of $500 for diagnostic services (X-rays, scans). These fixed limits for different situations are detailed in the plan brochure. How do fixed benefits plans work? The customer is required to pay an initial deductible for each injury or sickness and the plan pays for the rest of the covered expenses. Scheduled Benefits Plans Highlights.
These plans have a list of medical benefits, over and above which the plan will not pay. While these plans tend to have lower premiums, the out of pocket costs (the cost borne by the customer that are over and above the fixed benefit) may be quite high.
These plans do not have benefit limits based on the type of medical expense. Benefits for covered medical expenses go all the way up to the plan maximum (less deductible and co-insurance) How do comprehensive benefits plans work?
Typically for all covered medical expenses during the plan period the insured pays the deductible plus 20% of the first $5,000; and then the plan pays 100% of the eligible medical expenses upto the plan maximun. The details for each plan such as the plan maximum, medical expense eligibility etc. are listed in the plan brochure. Comprehensive Coverage Plans Highlights
Relatively higher premiums
Offer better benefits than the Scheduled Benefits Plans.
Can reduce premium cost by increasing the deductible.
Amounts are available at $0, $100, $250, $500, $1000, and $2,500 with some plans offering even higher deductible options.
These plans are more flexible than fixed plans and do not have fixed ceilings for various medical benefits. Because they provide more extensive coverage they also cost more.
Resourceful Health Insurance for H1B/H4 Visa Holders information