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Medical Tourism Facilitator and International Insurer Partner to Provide New Protection for Medical Tourists
INDIANAPOLIS, IN and NEWTON, MA-- January 27, 2009 -- Seven Corners, one of the industry's most experienced specialty travel insurance underwriters, announces a new partnership with award-winning medical tourism facilitator, Healthbase Online, Inc. By combining Seven Corners' experience in underwriting and administering specialty travel insurance plans, and Healthbase's expertise in matching medical tourism patients with a world-class network of internationally accredited hospitals, the companies have developed the industry's first custom benefits package covering medical complications to be provided to all Healthbase clients.The strategic alliance between Seven Corners and Healthbase is founded on a shared vision to unify patients seeking medical treatments abroad with relevant medical insurance benefits specifically designed for medical tourists. By engaging the companies' unique and expert competencies in their respective markets, the alliance will allow both companies to better serve the unique needs of medical tourists—ultimately transforming the medical tourism business by reducing patients' medical costs before, during and after treatments abroad.
"We are the only medical travel facilitator to provide a custom insurance program to our clients as a further commitment to providing high quality medical travel services at an affordable cost," said Saroja Mohanasundaram, CEO of Healthbase. "The insurance program enhances our clients' satisfaction in the economic delivery of quality healthcare; whether they are seeking minor procedures like hernia surgery, or major procedures like knee replacement or spinal surgeries."
The insurance plan provides Healthbase patients coverage for the treatment of common surgical complications such as adverse reactions to anesthesia, stroke, myocardial infarction, deep vein thrombosis, infections and other medical complications incurred during and after their treatment abroad. The insurance plan provides first dollar coverage for medical complications, which further reduces follow-up care and unexpected medical expenses for an uninsured or underinsured patient.
"The cost of the insurance plan is a fraction of the overall cost of the treatment, which in and of itself, is significantly less than the expense of treatment in the United States," said Jim Krampen, executive officer of Seven Corners. “The medical complication benefits we designed for Healthbase clients will provide peace of mind and cover the cost to treat medical complications abroad and when they return home."
About Healthbase Healthbase is a one-stop source for global medical and dental choices, connecting patients to internationally accredited providers in 14 countries including India, Thailand, Singapore, South Korea, Turkey, Panama, Costa Rica and Mexico. Healthbase caters to individual consumers, self-funded businesses, insurers, benefits plan consultants, third party administrators and those using Consumer Directed Healthcare Plans (CDHPs) or voluntary benefit plans. More information at http://www.healthbase.com.About Seven Corners
Seven Corners is one of the industry's most experienced travel health insurance providers. The company serves leisure, student, business, government and missionary/volunteer travelers. It offers an extensive selection of international medical and travel insurance policies to U.S. citizens traveling overseas or foreign nationals visiting the United States. Seven Corners has thousands of policy holders and a worldwide network of 30,000 agents. The company created and maintains the industry's most comprehensive network of international health care providers that includes thousands of doctors, pharmacies and hospitals around the globe.Seven Corners is a member of the United States Travel Insurance Association, is GSA certified and is currently pursuing a SAS 70 Type II compliant designation. In addition to travel medical insurance, Seven Corners also offers health care administration to the government sector. The company is privately held and headquartered just north of Indianapolis in Carmel, Ind. For more information about Seven Corners, please call 800-335-0611 or visit www.sevencorners.com.
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