Comparison
Limited vs Comprehensive visitor insurance plans
Comprehensive vs Limited Visitor insurance explained with example .
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Comprehensive Plans
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Limited Plan
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Pays percentage of the expanse.
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Pays predefined amount for each medical service .
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Provided better coverage and is widely accepted by doctors
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Is accepted by most of the medical facilities but coverage
may not be adequate to cover all the medical expanse because fix
money is paid by insurance for medical service .
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You pay high premium initially but you get better coverage .These plans are high risk for insurnace company as they may end up paying big claim amount.
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You pay low premium initially but coverage is very limited, these plans are less risk to insurance company as they pay fixed claim-amount,rest you have to pay from your pocket.
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If you get admitted to hospital or medical expanse is high ,
you end up saving big on medical bill.
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If admitted to hospital or medical expanse is higher , you
would end up paying big amount from your pocket.
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Lets understand it with a hypothetical scenario.
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Scenario
1 Patient visits doctor:
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Patient have 80-20 comprehensive plans , 50k , $100 deductible- Got sick and went to doctor and doctor prescribed painkiller
and antibiotics .
Lets assume medical bill is: $300
- You pay only deductible and $100+20% of medical expanse
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You Pay
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Insurance Company Pays
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$160.00
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$140.00
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Patient have limited plan $45K $100 deductible
- Got sick and went to doctor and doctor prescribed painkiller
and antibiotics .
- Lets assume medical bill is: $300
- Insurance company
pay predefined amount set by them , reset you pay from your pocket for Doctor visit
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You Pay
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Insurance Company Pays
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$250.00
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$50 Per Dr visit (Coverage for Dr visit under the plan)
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Lets understand it with another hypothetical scenario.
| Scenario 2 Patient got hospitalized:
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- Patient have 80-20 comprehensive plans , 50k , $100
deductible
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- Got sick and got admitted to hospital for 2 days .
Lets assume medical bill is: $10,000
- You pay only deductible and $100+20% of medical expanse
, up to $5000 max.
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You Pay
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Insurance Company Pays
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$2,100.00
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$7,990.00
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- Patient have limited plan $45K $100 deductible
- Got sick and got admitted to hospital for 2 days .
Lets assume medical bill is: $10,000- You
pay predefined amount set by insurance company for Doctor visit
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You Pay
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Insurance Company Pays |
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$7,500.00
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$2500
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This clearly demonstrated the comprehensive plans is much better , less risk provides much better visitor health insurance coverage.
Which are most popular and
reputed Comprehensive and Limited visitor insurance plans
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Comprehensive Visitor
Insurance Plans
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Limited Plans
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