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Does your business need expatriate health insurance?

19 September 2016 - 10:45am

Expatriate health insurance offers your overseas workers and their families the confidence to work safely and efficiently in foreign countries; including those where health infrastructure may be of poor quality or even non-existent. Such benefits can translate into better outcomes for your business both before and during medical emergencies - is it time you invested in one?


Sending your staff overseas? It's best to ensure that they are adequately protected.Sending your staff overseas? It's best to ensure that they are adequately protected.

The nature of globalisation and the connected world

Any company who wants to have brand representatives in other countries should be ready to provide peace of mind.

It's a fact that the world is more connected now than it ever has been before - and businesses need to adapt to the new environment. Workers can access their workplace from anywhere in the world, giving them unprecedented access to work and life in foreign countries. Even as far back as 2008, McCrindle research found that there were more Australians working overseas than there were people living in Hobart.

This is both a boon and a curse for some industries, where a mobile workforce and international presence is now both easier to achieve and even expected. It is positive in that it allows you to access markets that you would never have been able to penetrate before, but it is also a problem because the provision of global health services has not caught up with the development of technology.

Workers in foreign countries, as well as their families, are presented with an environment where they may not be able to get the health cover they need without the right insurance.

Benefits of expatriate insurance

As a result, any company who wants to have brand representatives in other countries should be ready to provide peace of mind through expatriate health insurance. This insurance enables overseas workers to access the health cover they may need, while optional extras can provide emergency evacuations to Australia, pre-departure medical advice as well as personnel replacement should it become necessary.

It isn't just a question of getting your overseas workers up and on their feet again either. It's also a matter of attracting and retaining the right talent for your company. You may find it difficult to hold on to employees who you expect will travel overseas without the right protection, while people with key talent could end up looking askance at a similar request before they even join your enterprise.

You don't need to be a huge business to have people overseas, nor to have the right corporate health insurance to protect them. Get in touch with the team here at HICA on 1300 44 22 01 to find out more.