We have witnessed a significant increase in the mobility of Plan Members given the growing global economy and the diverse career path opportunities it creates.  As a result, Plan Sponsors face the challenging task of structuring a competitive benefit arrangement for their international personnel who may play a key role in their corporate success.

 

More and more Plan Sponsors are opening offices in areas such as Asia, Eastern Europe, Africa, the Caribbean, and South America. 

 

Plan Members who are sent abroad are attracted by the exotic locations, a chance to travel and experience various social and business cultures, and, of course, the potential for lower taxes and higher salary.  These Members travel frequently and are typically key assets for the business.  Most Plan Sponsors want to offer them optimized protection while safeguarding the continuity of their business.

 

When purchasing international healthcare coverage for expatriates, there are a number of factors Plan Sponsors must consider. Risk factors vary with each particular destination, along with standards of medical care.  There may be wide disparities from country to country, and even between cities and towns within a country making health care one of the biggest challenges for expatriates to contend with.