India Network Health Insurance Announces Reduction in Premium Rates for Scheduled Benefit Plans
Orlando, FL (PRWEB) January 31, 2014
India Network Visitor Health Insurance plans have been serving the Asian Indian community in the United States for more than two decades with their innovative plan designs and affordable plan premiums. Thanks to the overwhelming community participation over the years, India Network Health Insurance Program today occupies one of the top positions in short term medical insurance for international visitors visiting United States, Canada, or Mexico. It is the strong community participation that make it possible to reduce the premiums for all age groups of visitors effective January 1, 2014. The rate reductions are go against current trends in plan pricing. Obamacare participantsare incidentally paying more for health insurance coverage in 2014, often much inferior to the plans they had before. Increasing medical costs and loss ratios make it impossible for any group to call for reduction in premiums. However, India Network leadership under Dr. KV Rao showed once more that it is possible for bring cost effective visitor insurance programs for all age groups with community participation and support.
The rate reductions announced today are for all age groups and for all scheduled benefit plans – standard visitor health insurance, and premier health insurance plan (including pre-existing condition coverage of upto $60,000). The scheduled benefit plans offer flexibility to the visitors to travel freely anywhere in the United States, Canada, or Mexico and seek medical help whenever where ever they need without any worry about in-network or out of network benefits. These plans offer excellent benefit to physicians and hospitals and variety of other medical services. For example, the $150,000 premier plans pays $125 for general office visit, many times more than the Medicare payments to these providers.
Dr. KV Rao stated, “Bringing any reduction in premiums is a tough task this year, given that we have not increased the premium rates for the last 5 years. Thus a reduction in rates now put us lower than the rate 2006 rates for same benefits or improved benefits. I would personally thank every participant in the Indian community and from other expatriate communities to help bring a reliable, affordable and useful visitor health insurance program to all visiting parents of all ages, 0-99 years old.”
India Network Health Insurance Program is a true community effort in the United States that shows how community members getting together can bring better programs that are otherwise impossible to obtain. Quality Coverage, affordable premiums, and more than two decades of experience make the India Network a unique experiment in Asian Indian Virtual community,spread in all 50 states in the United States. All are welcome to explore and take advantage of this award winning visitor health insurance program for your loved ones visit next time.
India Network Visitor Health Insurance Plans are open to all nationalities visiting the United States and are welcome to take advantage of the plans while visiting the United States. India Network Visitor Health Insurance plans are underwritten by ACE American Insurance Group and claims are adjudicated in the United States as well.