New to Investment International?

Welcome, and thank you for visiting our website.

Investment International is the leading publication for investors interested in the world of international investment.

Our aim is to give you intelligent commentary on the most important financial stories, and help you to profit from them. If you've enjoyed what you've read so far why not sign up for our FREE investment alert.

Every week the Investment International team sends out a hard-hitting newsletter packed with news and analysis of the top stories this week plus the best investment opportunities on the market. We always look at the bigger picture like the Eurozone Crisis, and explain how this will affect YOUR investments.


Ask me later
No thanks

Medicare International Announces Major Changes

PDF Print E-mail
Written by News Desk   
Wednesday, 02 July 2008 00:00
Air ambulaceMedicare International, the leading global Healthcare insurer, today announced major changes to its group policies, allowing for greater inclusiveness, as well as improved cover for those working in or close to war zones.

The company is now offering group cover at a minimum of three employees subject to underwriting, previously five. HR Directors and Personnel see significant advantages in organising group cover rather than individual, mainly with regards to cost savings, but also in terms of administration time. This redefinition of ‘group’ will enable greater numbers to enjoy the benefits of these policies, and allow for greater efficiencies with regards to the paperwork involved.

 In addition, Medicare International reduced the number of people required within the group needed in order to disregard previous medical history. Previously 20, the company now requires only ten people within the group, in order for any medical histories of the individuals to be disregarded. This significant change will enable many people, who were previously penalised due to a past or long-standing illness, to enjoy the full benefits of Medicare International’s Healthcare. Medicare International prides itself on its flexible approach to underwriting, particularly in the Group market.

Finally, Medicare International now offer ‘Passive War Risks’ on all its group schemes as well as individual plans. This will benefit all those in or near to war and conflict zones, such as Iraq for instance, who may be working on reconstruction projects. These groups can now access the full range of Medicare International benefits. Many other insurers have neglected to provide cover in the case of terrorist or war related risks. This review of policy will therefore have a beneficial impact on those working in potentially dangerous parts of the world.

Commenting on these changes David Pryor, Senior Executive Director, MediCare International said: Medicare International has always believed in providing the best possible service to its customers, and we always strive to offer beyond what our competitors offer. Most importantly, we want our customers to be safe in the knowledge that in the event of illness or in the worst case scenario, war related injury, they will be given the best possible care and with the minimum of fuss. These changes to our policy will enable to continue us doing just that.”

 

Most Read

Latest Guides

Self Invested Personal Pension Guide for UK Expatriates
key
Download
Agricultural Investment Report
St.Kitts Property Guide 2011
Download
St. Kitts & Nevis: Emerging luxury destination
St.Kitts Property Guide 2011
Download
Currency Guide
Currency Expectations Report 2010-2011
Download
Offshore Banking Guide
Offshore banking Guide 2010-2011
Download
Pension Planning Guide
International Pension Planning Guide 2010-2011
Download
Caribbean:Buying Guide
St.Kitts Property Guide 2011
Download
Eurozone Crisis
Eurozone Crisis Report 2010-2011
Download
Tax Guide
International Tax Guide 2010-2011
Download
Follow us on Twitter
Find us on Facebook