| I don't mean that 'the sky is falling'. I'm not talking | | | | doctors, hospitals, and technologies, we do not have |
| about a doomsday perspective of Medicare. What I | | | | a monopoly on those attributes, and the "system" |
| do mean is a lot of 'seniors' are so attached to their | | | | continues to make things difficult, expensive and |
| 'Medicare' benefits that they don't consider moving | | | | hence exploitive in terms of hindering our lifestyle |
| out of the country for fear their health care needs | | | | choices. |
| won't be covered by their benefits. | | | | But guess what, folks -- and you heard it here -- it |
| I'm predicting that Medicare very soon will no longer | | | | doesn't matter what age you are; you can get the |
| be the barrier it once was to retirees moving abroad, | | | | same or better insurance rates for the same quality |
| which opens the door to living where expenses are | | | | of care in a lot of other countries right now. So if |
| significantly lower. | | | | Medicare or U.S insurance company benefits have |
| Why? What's changed? Well it hasn't happened yet, | | | | been the cornerstone to your health care strategy, |
| but as insurance companies compete to manage your | | | | the door to that confined thinking has been open for |
| Medicare (They call them MedAdvantage programs), | | | | quite some time. You just need to walk through. |
| they will have no qualms about paying for your care | | | | For example, Martin Frankel, the founder |
| in other countries. Why would they? It's a win/win | | | | Argentina-based expat-connection.com, has been able |
| situation financially for you and for them. | | | | to negotiate a group insurance rate for people in his |
| You're seeing the trend of U.S insurance companies | | | | group. "If you're between the ages of 18-64 it cost |
| paying for and promoting off-shore medical care | | | | under $100 a month," says Frankel. "That covers all |
| evidenced by the increase of cross-border and | | | | traditional health care including dental care. No |
| off-shore plans being marketed by leading insurance | | | | deductibles, no co-pay, it gives you 60 days at a |
| companies to employers. As a direct result, U.S. | | | | time for travel insurance when you leave the |
| companies and individuals benefit by paying | | | | country, it gives you 40% off all your prescriptions, |
| substantially lower monthly rates and virtually no | | | | and there are parts to the insurance you just don't |
| out-of-pocket expense for high quality care. | | | | see in the U.S. For example they'll send a doctor to |
| Some of the best doctors and medical institutions in | | | | your home." |
| the world are not in the U.S. And soon you're going | | | | And as more foreign insurance companies learn how |
| to hear the insurance companies breaking through the | | | | to market to Americans the competition is going to |
| taboo of admitting that, because it's in their financial | | | | drive the cost down for individuals globally. As |
| interest to do so and there's no denying the U.S. | | | | Super-Boomers, we will take our business where the |
| healthcare system is challenging to everyone. | | | | environment is financially friendly. |
| Even though we have many of the world's best | | | | |