By Christopher Elliot
Justin’s insight on visitor insurance was included in an article Christopher Elliot published over the weekend.
" "Visitors insurance typically includes travel medical plans which focus on protection for medical expenses that could occur while traveling in the U.S, due to the fact that medical care in the U.S. is often expensive compared to other countries throughout the world," explains Justin Tysdal, CEO of Seven Corners, a travel insurance site that sells visitors insurance.
Visitors coverage comes in two flavors. The first is scheduled benefit plan, which typically costs less up front but requires that you absorb more of the medical expense cost later if you need to claim. A scheduled benefit plan places a cap on for each service you may need.
"For example, if you were charged $100 for a physician visit, and the plan contained a $65 limit per visit, then the most the plan would pay is $65, and you would be responsible for the remaining $35 if you had already met your deductible and paid your coinsurance if applicable," explains Tysdal. "
Read the full article here