Health Insurance question
Hi! I am making the big move to STJ in 3 weeks. I am wondering about health insurance. I know the Westin, Gallows Point and Caneel offer health insurance for employees, but I will most likely be waitressing. I've been looking online for companies that offer catastrophic insurance. Does anyone have a anyone they would recommend? Thank you!
My wife and I have gotten a pretty good quote with quite a few benefits from 1st Inusrance the affiliate of 1st Bank. It's a major medical with perscriptions and it's around $100.00 per month depending on your age. We will probably switch over once our othere policy runs out.
Have you had occassion to use your insurance? Did it pay? My husband has insurance through Tilliglobe, and we have never really had a feeling of confidence about them. Robert (owner/agent?) is a really nice guy and seems helpful, but the administrative staff doesn't seem helpful or efficient. Just wondering. We also had a bad experience with another expat insurance company a while back, so we're leery.
Do you mind my asking....how old are you? $100 a month sounds like it's for a 12 year old.:) Is that for you AND your wife?
Maybe Jones meant $1000. For a family ot three, it's costng us over $1,500 a month.
WIth MASA, you have to be careful of your policy:
"Should a member suffer a serious illness or injury resulting in hospitalization and if the member is in need of specialized treatment not available locally, then MASA shall fly him/her to the nearest appropriate medical facility capable of providing such specialized treatment."
This means PR in most cases.
no I haven't used the insurance. And for what it's worth, it really isn't insurance, it is a reimbursement plan I have. Having been a district manager for a drug store chain, I am already weary of what insurance types can do to patients. I am just hoping Robert helps if there is any issue with reimbursement. Plus it is underwritten by Lloyd's and is highly rated by AM Best. I forget the rating. I am healthy and only expect catastrophic type coverage. And Juanita, it has never been my experience that any paper pusher for an insurance company are efficient. They love to use your money for 3-6 months, maybe more if they can make an argument. Maintain copies of everything, document every conversation. But hopefully you will not need it.
Had any good que lately? 😎
East Ender is correct about MASA. Someone told me after I bought my policy with MASA they negotiated (demanded) bypassing Puerto Rico if they were ever flown off island.
pj: I believe that MASA has a policy that allows you to fly to the facility of your choice, but it is a lot more expensive than their standard policy.
For my wife and I it is around $237.00 per month. I'm 26 and my wife is 24. My rate is just a little higher than hers. Remember this is just major medical coverage so it won't cover all your medical expenses. It did cover air lifts to Miami and perscriptions with a deductable. It's been about 8 months since I got the quote so I don't remember all the expenses. 1st Insurance were just the underwriters, the actual company is based out of Florida. Don't remember the name but when we researched it they were a very large company with a long, positive, history.
Jones, I'm confused, you don't actually have the insurance? This was a quote you received? That makes a big difference.
We have MASA as well but we took out the policy that takes us to the States - approx $400 per year for both of us - more expensive but worth it.
For insurance we use BUPA Latin America (used to be Amadex) - so far so good and they have paid for some treatment that has been required after the deductable was met 🙂
You are correct, we don't have the insurance yet. We got all the paperwork and were about to sign but we decided to keep our current policy until it runs out in sept. The 1st Insurance actually had better coverage than what we currently have. But what we have now is slightly cheaper so we're sticking with it until sept. I can let you know down the road how we actually like it.