HealthGlobe Medical Travel Blog

Chances are you’ve heard of Medical Travel (a.k.a. Medical Tourism) and if you’ve done any research on employee benefit plans that include Medical Travel benefits, you have probably come up with lots of hype and found only a few employers making any kind of Medical Travel benefit available to their employees.

There are several companies (many of them HealthGlobe customers) that have incorporated Medical Travel into their benefit plans but it is a long process of education and implementation in each case. This isn’t because it is a particularly difficult thing to do, but simply because it has always had to be done on a one-off basis which requires a lot of work since most large employers work with different vendors to provide their health care services. So every time you need to educate the employer, then the broker, then the TPA and sometimes even the reinsurance carrier needs some cajoling in order to get behind the idea.

HealthGlobe, in collaboration with some of the biggest players in the self-insurance industry, recently introduced a product that we hope is going to start changing all of that. Our Korean Association Preferred Health Plan (KAPHP) program is, as far as we are aware, the first off-the-shelf product that includes a Medical Travel benefit available for employers that self-insure their health benefits.

This development really sets us up to quickly get a significant number of new plans started with offering Medical Travel benefits. What’s more, the fact that we are working with UMR and Meritain, two of the largest TPAs in the US, imparts a significant degree of credibility to the plan and to the fact that it is a professionally-administered service delivering only the highest of quality and customer satisfaction so it is truly an exciting achievement in Medical Travel as an industry.

We are being extremely aggressive with the KAPHP, and have presented one group with a proposal that reduces their total health care costs, on a year-over-year basis, by a staggering 20%. To learn more, get in touch with us at info@myhealthglobe.com and we can help you evaluate the options for Medical Travel as well.

While the KAPHP is currently targeting companies domiciled in Korea with operations in the US and those headquartered in the US with significant numbers of Korean nationals, we are in the process of developing a family of plan designs that can be used by any self-funded group health plan. Learn more at the HealthGlobe web site or contact us directly for more information on how HealthGlobe can help you reduce your health care costs this year.