At Vita Medella, we specialize in shopping your insurance between multiple providers to secure the best value. Our balanced approach assesses premiums, coverage, deductibles, co-pays, and catastrophic coverage to deliver optimal outcomes tailored to your specific needs. Our goal is to give you the peace of mind to focus on your mission, knowing that your health is protected.

Healthcare Terms

Premiums

Your insurance premium is the amount you pay, typically on a monthly basis, to have health insurance coverage. This cost is fixed and doesn’t change based on how much you use the insurance.

Coverage

Coverage refers to the range of medical services and treatments your insurance plan will cover. This includes everything from hospital stays to prescription drugs, depending on your plan.

Deductibles

A deductible is the amount you must pay for your healthcare services before your insurance begins to pay. For example, if your plan has a $2,000 deductible, your insurance won’t pay anything until you’ve paid $2,000 for covered services.

Co-Pays

A co-pay is a fixed amount you pay when you receive a healthcare service. The amount can vary depending on the type of service.

Out-of-Pocket Maximum/Limit

This is the maximum amount you would have to pay for covered services in a year. After reaching this limit, your health plan will pay 100% of all your covered costs.

Coinsurance

Coinsurance is your share of the costs of a healthcare service, which is a percentage of the total cost. This is usually billed after the deductible has been met.

Catastrophic Coverage

This is a type of insurance designed to protect you from high cost medical events. Once a high deductible is met, this coverage kicks in to cover additional costs.

In-Network vs. Out-of-Network Services

In-network providers have a contract with your insurance company to provide services at lower rates. Out-of-network services may be more expensive and covered at a lower rate by your insurance.

Pharmaceutical Costs

These are costs related to prescription drugs. The pricing structure of these drugs can significantly impact your overall healthcare costs.

Quality of Care Metrics

Quality of care metrics include the healthcare provider’s track record, patient outcomes, and patient satisfaction rates.

Telemedicine Services

Telemedicine is a way to access healthcare services remotely via digital platforms, offering a cost-effective and convenient alternative to traditional in-person care.

Wellness Programs

These programs promote preventive health and may reduce the need for more expensive treatments down the line.

Annual Limits on Service Usage

Some plans may limit the number of certain types of visits or services covered each year. Once the limit is reached, the insured must pay all associated costs.

Health Savings Account (HSA) or Flexible Spending Account (FSA)

These accounts allow you to set aside pre-tax money for healthcare costs, effectively reducing the net cost of healthcare.

Emergency Medical Evacuation

Emergency medical evacuation covers the cost of transportation in the event that you need to be moved to a medical facility for treatment, often in another country. This is especially relevant for missionaries and expats working in regions with limited healthcare infrastructure.

Repatriation of Remains

Repatriation of remains is a service covered by some insurance plans that arranges and pays for the return of a de- ceased person to their home country.

Travel Insurance

Travel insurance is a plan you purchase that protects you from certain financial risks and losses that can occur while traveling. It’s not health insurance per se, but it often includes some medical and emergency benefits.

International Medical Insurance

International medical insurance provides comprehensive medical coverage for people living or working outside their home country. It typically includes hospitalization, outpatient treatment, and medical evacuation.

Political Evacuation and Natural Disaster

This type of insurance provides coverage in case you need to be evacuated due to a political crisis or natural disaster.

Adventure Sports Coverage

Certain outdoor activities considered high risk might not be covered by standard health insurance policies. Adventure sports coverage is an additional insurance that covers these activities.

Personal Liability Insurance

This type of insurance provides financial protection in case you’re legally liable for bodily injury or property damage caused to others.

Dental and Vision Coverage

While often separated from main health insurance policies, dental and vision coverage insures against costs related to oral and eye health respectively.

Pre-Existing Condition Coverage

This refers to how an insurance plan handles medical conditions that existed before the start of the coverage. Some plans may exclude these conditions, while others may cover them after a certain period of time.

A long-term, annually renewable, U.S.-style major medical
insurance plan designed to provide missionaries continuous coverage.
Obtain a quote, Contact Vita Medella today.