Differences Between Local and Global Health Insurance Plans

While investigating healthcare options, many people will have noticed that there is a great variety of health insurance options. Depending on the local healthcare system of the country you’re looking for health cover in, the local private health plans will be similarly varied in order to meet the needs of the populace that may be going unfulfilled by the healthcare system.


However, while each country may have their own local health plans, there are also global health insurance plans that can provide health coverage around the world. Local plans will be typically limited to covering healthcare in their own country, although some insurance providers are looking into plans where medical tourism may help keep costs low. Global health plans on the other hand will provide health insurance coverage internationally; depending on the quality of the local healthcare system, this would allow the policyholder to seek treatment somewhere where they feel the facilities could provide satisfactory care.

Given that local health plans will only cover the policyholder in the country it was taken out in, if the policyholder relocates to another country, they will have to take out a new policy in the country they have moved to. Should the policyholder have developed a long term illness prior to moving, then this illness will probably not be covered under new health policies as it will be a pre-existing condition. Global health insurance plans will typically only require the policyholder to file a change of address form, whereby coverage will continue. This is often referred to as the portability of the insurance plan.

While many of the differences between global and local health plans come down to their geographic areas of coverage, there are other areas in which how the plans are structured diverge. One such divergence is how local or global health insurance plans will renew policies, or more specifically for how long. Often times, both local and global medical insu

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