| Contrary to popular belief Secondary Medical | | | | medical insurance plan. Let's say it has a $5,000 |
| Coverage in a travel insurance plan has a big | | | | deductible with a 20% copay. |
| advantage over a Primary Medical Coverage in a | | | | 3) Of the remaining $20,000 your medical |
| travel insurance plan. Here's how they work: | | | | insurance plan will pay $12,000 and you will be |
| What Do Primary or Secondary Medical Coverage | | | | liable for $8,000. |
| Mean and How Do They Differ? | | | | Secondary Medical Coverage means your medical |
| Primary Medical Coverage means your medical bills | | | | bills are paid after any other coverage you have |
| are paid from the first dollar. No "coordination of | | | | pays their share. This means that Secondary |
| benefit" claim forms need to be filed. | | | | coverage will pay any deductibles, out-of-pocket |
| This works best if the medical claim's less than | | | | expenses or co-pays up to its coverage limit. |
| the coverage amount. That's because even | | | | Here's a little detail that's good to know: You |
| though you had insurance pay for part of the | | | | probably will have to pay your medical bills |
| claim, when the Primary benefits are exhausted, | | | | yourself while on your trip. That's because travel |
| your other insurance won't consider any | | | | insurance plans are "indemnification" plans (you will |
| deductibles or co-pays to be satisfied. | | | | be reimbursed - indemnified) after your trip by |
| For example, here's what happens if you have a | | | | the insurance company. Travel insurance is not a |
| $70,000 medical claim with a travel insurance plan | | | | "pay on behalf of" plan. You don't just give the |
| that has $50,000 Primary coverage: | | | | medical facility a card. In some cases, a few |
| 1) You submit the $70,000 medical claim to the | | | | companies can guarantee payment to the medical |
| travel insurance. It pays $50,000 (its maximum) | | | | facility, but it's on a case-by-case basis. |
| 2) You submit the remaining $20,000 to your | | | | |