Is Us Medicare Coverage in the Philippines Possible?

Medicare Supplement Insurance Plans Comparison - Is Us Medicare Coverage in the Philippines Possible?

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Between 2007 and 2008, rumors and reports came out that U.S. Medicare coverage in the Philippines is possible. Generally, U.S. Medicare coverage is minuscule to all 50 states. Has Medicare gone movable at last? This record explores the truth behind the talks.

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Medicare Supplement Insurance Plans Comparison

A Look Back

Sources appraisal that out of the 4 million legally staying Filipinos in America in 2008, roughly 80 percent hold U.S. Citizenship and a amount are covered by Medicare.

Medicare is America's federal condition insurance program. It was first created in 1965 to benefit citizens aged 65 and older. In 1972, the agenda was revised, allowing younger population with Lou Gehrig's disease, permanent disabilities and end-stage renal condition complications to enroll.

Understanding the Structure

Medicare is a public term that may comprise a amount of plans:

original Medicare that provides hospital insurance and curative insurance Medicare benefit that provides both basic and extra healthcare services, as offered by incommunicable condition maintenance organizations (Hmos) and designate drug plans that may or may not be tied to a Medicare benefit plan

Additionally, there are Medigap plans to supplement what former Medicare does not cover. They are offered by incommunicable insurance companies.

The current policies are lettered C to J. However, in a fact sheet released by the branch of condition and Human Services of the U.S., new Medigap plans M and N will replace plans H, I, E and J starting June 1 of this year.

Off-Shore Medicare Coverage in Theory

Under the former plan, the circumstances that allow Medicare portability are limited. Coverage exterior America is permitted whenever a foreign hospital is nearer than any other hospital on American soil. In rare urgency cases, those traveling "without unreasonable delay" through Canada may also avail of off-shore coverage - provided again that the Canadian hospital is much closer than an American hospital.

In March 2010, the branch of Foreign Affairs of the Philippines confirmed that under the former Medicare plan:

"... Residents of Guam and Saipan... Are allowed to seek curative treatment... On urgency cases, availing of their Medicare benefits in Philippine curative facilities, due to the proximity of the Philippines vis-a-vis Hawaii, the nearest Us state."

This amelioration is credited to the efforts of Madeleine Bordallo, congresswoman of Guam, and of Roberto Romulo, previous branch of Foreign Affairs secretary, who lobbied that Philippine hospitals be allowed to issue Medicare reimbursements.

Off-Shore Medicare Coverage in Practice

My Philippine retirement made a round of phone calls to check either hospitals in the Philippines have already reimbursed Medicare benefits under the former plan. There were no recorded cases yet, the staff said. In fact, majority of the hospitals appeared to be unaware of "U.S. Medicare."

They did furnish the following list of honored international condition insurance plans, some of which have tie-ups with Medicare benefit plans:

List A.International condition Insurances Honored in excellent Luzon-Based Philippine Hospitals as of March 2010

(Allianz) Worldwide Care - Asian Hospital Aetna - Asian Hospital Aetna Global benefit - Makati curative Center Alliance - Asian Hospital Blue Cross International - Asian Hospital Blue Shield - Asian Hospital Calvo's - St. Luke's Hospital Cigna - Asian Hospital Gmc Services - Makati curative Center Hth World Wide - Makati curative Center Ima - Makati curative Center Img - Asian Hospital International condition insurance of Denmark - Makati curative Center International Sos - Makati curative Center Net Care - Asian Hospital, Makati curative Center Pacific International - Asian Hospital credit International - Makati curative Center StayWell - St. Luke's Hospital TakeCare - Asian Hospital TieCare - Asian Hospital, Makati curative Center Vanbreda International - Asian Hospital, Makati curative Center William Russel - Asian Hospital

Availment of insurance benefits varies by condition maintenance organization (Hmo), insurance plan and servicing hospital. The insured must examine about their Medicare benefit benefits by Hmo or plan name. Specific concerns may be sent to the respective customer care and credit/billing departments of the hospital.

List B. Contact facts of excellent Philippine-Based Hospitals that Honor International condition Insurances with possible Medicare benefit Tie-Ups

Asian Hospital and curative Center: info@asianhospital.com * +63 (2) 771-9000/ +63 (2) 876-5838 Makati curative Center: sales@makatimed.net.ph * +63 (2) 870-3000/ +63 (2) 870-3008 St. Luke's Hospital: info@stluke.com.ph * +63 (2) 723-0101/ +63 (2) 723-0301

Impact on Philippine retirement Decisions

The affordability of healthcare services in the Philippines is somewhat let down by the "pay-as-you-go" system, but a new turn of events are changing the way possible retirees view the minor "cash first" inconvenience.

One such amelioration is the direction that Medicare portability is headed. Statistical trends indicate that by 2011, Medicare expenditures will soon exceed the revenues generated from the trust fund. This can be prevented when cheaper off-shore facilities are used to deliver the same-quality healthcare services offered in the U.S., experts explain.

Another amelioration is the condition reform bill on outpatient safety and affordable care that U.S. President Barack Obama signed in March 2010. The current reform permits off-shore coverage and insurance of population with pre-existing condition conditions. There will also be a minimum each year tax penalty of 5 for those who are unable to regain condition insurance - now no longer just an selection but a requirement.

Many U.S. Tax payers are anxious that the most recent condition reform will come with a steeper price tag. "I'm anticipating my insurance excellent (monthly payments) to increase from 0... To more than 0," fears Terry who works for the federal government and hopes to retire in 2020.

Lesser take-home pay (and savings) combined with the fact that U.S. Medicare coverage in the Philippines is possible (mostly through Medicare benefit plans) is prompting previous Filipinos like Terry to consider the Philippines as a good place to get cheap but decent healthcare - yet the "best bang" for dollar earnings.*

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