The benefits of global health insurance: Expanding opportunities across the globe – Can your health plan keep up with your adventures?
Health2024-11-04
5 Mins Read
In today’s era of globalisation and increasing population mobility, lifestyles have become more diverse. Travelling abroad, studying overseas, and working internationally have become the new normal, with people traversing all corners of the world. In this context, the risks people face are also growing, making a globally comprehensive health insurance plan an essential safeguard against uncertainties.
AXA's Medical Insurance Series
AXA offers a medical network spanning multiple countries - over 2,000 hospitals1 in Hong Kong and mainland China, and more than 10,000 medical service providers around the globe2. Wherever you are, your medical coverage goes with you.
Reasons for the growing demand for global health insurance
Due to the variations in healthcare systems across different countries, people often encounter difficulties when seeking medical care abroad. These challenges include communication barriers when describing symptoms, concerns about the quality of local healthcare, uncertainty about which hospitals or specialists to consult, distrust of local diagnoses, issues with medical bills, financial constraints, and unclear sourcing or labelling of medications. Global health insurance can assist the following groups in navigating these challenges without worry:
- Individuals working, studying, or living abroad: More and more people are frequently travelling or residing abroad due to work relocations, studies, or family reasons. Without global health coverage, these individuals may face significant risks in the event of sudden health issues.
- Those living a multi-country lifestyle: Some people choose to achieve personal goals or retirement plans by living across multiple countries. This lifestyle increases the demand for robust health protection. Global health insurance provides seamless healthcare coverage across various countries, allowing them to travel freely with peace of mind.
- Frequent travellers: After the pandemic, people have resumed their plans to explore the world, with ‘revenge travel’ leading to a surge in international travel. As the number and frequency of trips continue to rise, even during short stays abroad, adequate medical coverage is essential to handle unexpected health issues or accidents.
【AXA's Medical Insurance Series】
Multiple medical coverage options tailored to meet your needs.
How to choose the right global health insurance
When selecting global health insurance, it’s essential to consider personal or family circumstances to ensure that the chosen insurance plan truly meets your needs. Here are several aspects to consider when choosing global health insurance:
- Identify your needs: Everyone's medical needs are different, so it’s crucial to determine your specific requirements when selecting insurance. For instance, are you insuring just yourself or your entire family? Do you plan to reside long-term in one country, or will you frequently travel between countries? Do you have any specific health issues that require additional coverage? These questions will influence your choice of insurance plan.
- Compare different insurance products: There are numerous medical insurance options available in the market, each varying in coverage and quality of service. When choosing, carefully compare the products from different insurance companies, including coverage scope, service networks, claims processes, and cost structures. Selecting an insurance provider with extensive coverage, straightforward claims procedures, and high-quality service can provide more comprehensive medical support when needed.
- Consider future plans: When choosing insurance, it’s not only important to consider your current needs but also to anticipate future changes. For example, if you plan to move to another country in the coming years or if you desire more extensive medical coverage as you age, it’s advisable to choose a flexible insurance plan that can adapt to your changing needs.
【AXA's Medical Insurance Series】
Multiple medical coverage options tailored to meet your needs.
Advantages of AXA's Medical Protection Series
Global coverage
- Extensive network of medical institutions: AXA's medical network spans over 2,0001 hospitals in Hong Kong and Mainland China and includes more than 10,000 global healthcare providers2. This ensures that clients can access immediate medical services wherever they are, whether travelling, working, or studying abroad, providing them with peace of mind.
- Emergency hospitalisation with cashless arrangement at discharge: Eligible AXA clients can enjoy deposit-free hospitalisation and the medical expenses are handled with a hassle-free cashless arrangement at discharge3, reducing the financial burden caused by unexpected incidents and allowing them to receive appropriate and timely medical care abroad.
Emergency medical support
- Global emergency medical assistance: AXA also provides clients with second medical opinion services3, helping them obtain additional professional advice when facing complex medical decisions, enabling them to make more informed choices.
- Emergency medical transportation and assistance services: When clients require medical transport or repatriation, AXA offers emergency medical transportation and assistance services3, ensuring clients receive the necessary medical care as quickly as possible.
Convenient claims process
- Fast claims process: The claims process for AXA's Medical Protection Series is straightforward and quick, ensuring clients can receive reimbursements swiftly, minimising waiting times.
Additional services
- AXA nurse hotline3: Qualified nurses provide continuous support to ensure clients receive the assistance they need.
Choose AXA: Wherever you are, your medical coverage goes with you
Looking ahead, globalisation is becoming a major trend, with increased mobility among populations. Global health insurance will also increasingly align with personalised needs, offering broader coverage and more flexible services. By choosing AXA's Medical Protection Series, our clients will enjoy truly worry-free global medical protection.
AXA's Medical Protection Series has been awarded the 10Life 5-Star Voluntary Medical Insurance Award and the 10Life 5-Star Premium Medical Insurance Award4, affirming AXA’s leadership in the healthcare sector and providing solid support for their health protection. AXA’s health insurance product is the only5 VHIS plan in the market that achieved 5-Star rating of 10Life Medical Coverage for all three ward classes with no lifetime benefit limit.
Whether it’s emergency medical support, cashless arrangement at discharge, or consultation services, AXA is committed to providing comprehensive support to our clients, allowing them to enjoy every moment of life without worries, no matter where they are in the world. Whether our clients plan to live abroad long-term, frequently travel internationally, or are just on a short business trip, AXA's Medical Protection Series will be their trusted partner for health.
1. Eligible AXA clients can access medical services at designated hospitals and medical networks in mainland China. The list and the number of network hospitals are subject to change from time to time.
2. Only applicable to designated medical plans and benefit levels. The list and the number of hospital service providers is subject to change from time to time.
3. Only applicable to designated medical insurance plans.
4. The award-winning product mentioned here is AXA's WiseGuard Pro Medical Insurance Plan.
5. Source: 10Life Insurance Comparison Platform. The term "market exclusive" refers to AXA's WiseGuard Pro Medical Insurance Plan, which is the only VHIS plan to win the 10Life 5-Star Insurance Award for three consecutive years across all room categories (general ward, semi-private room, and standard private room). Among these, the "Regular" and "Enhanced" coverage levels were rated as "5-Star Voluntary Medical Insurance" in the 10Life 5-Star Insurance Award 2024, while the "Premier" and "Noble" coverage levels were rated as "5-Star High-End Medical Insurance." Data as of January 15, 2024.
The information and materials provided are of a general nature and do not constitute medical or health advice from AXA Hong Kong. They are provided on an "as is" and "as available" basis, without any type of express or implied statements and/or guarantees. Although AXA Hong Kong has taken reasonable care in providing this information and materials, they are not tailored to your specific investment objectives, financial situation, health or medical conditions, or specific needs. AXA Hong Kong and our associated or holding companies do not make any guarantees or accept any liability regarding the information and materials provided, including any claims of non-infringement, security, accuracy, completeness, adequacy, appropriateness for use, or the absence of computer viruses. AXA Hong Kong and our associated companies and holding companies will not accept any legal liability for any loss, damage, costs, or other expenses arising from any errors, inaccuracies, or omissions related to the information and materials provided, whether in whole or in part, direct or indirect, to the extent that such liability is not excluded by law.
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AXA's Medical Insurance Series
AXA cares about your thoughts, and our series of medical insurance plans addresses your needs comprehensively. Along with providing protection, we prioritise the most pressing concerns on your mind. By putting you at the center of our health coverage, we uphold our leadership in the industry.
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