Home > Uncategorized > Protecting clients’ savings: Satori World Medical implements ‘stop loss insurance policy’

Protecting clients’ savings: Satori World Medical implements ‘stop loss insurance policy’

June 8, 2012

 

 

According to Kristen Montez, Director of Legal and Regulatory Services at Satori World Medical, a medical travel benefit is a key program for companies that aim for exceptional quality of care accessible overseas and for considerable financial savings. However, certain issues are often raised regarding the full coverage of the plan: “If one needs additional medical treatment, will the anticipated savings be absorbed by the additional treatment?”

 

 

Satori World Medical. Image credit: Satoriworldmedical.com

 

 

At Satori, the welfare and concerns of the patients come first. Depending on the medical travel facilitator, clients’ savings will not be affected by the costs incurred for their additional treatment. Satori protects all its self-insured health plan clients with the stop loss insurance policy, a regulatory measure that provides patients with substantial financial protection, in the event that they needed to acquire additional emergency medical treatment stemming from previous medical procedures received from one of Satori World Medical’s global health centers.

 

 

Satori World Medical. Image credit: Satoriworldmedical.com

 

 

However, Director Montez states that “this type of coverage does not include a patient’s decision to receive voluntary additional treatment in another country; it only will cover additional treatment that is medically necessary.” The stop loss coverage’s availability will depend upon certain restrictions, but regardless of what patients use, their goal to regulate the employer’s financial responsibility is attained.

 

 

Satori World Medical. Image credit: Satoriworldmedical.com

 

 

Satori World Medical has done extensive due diligence on hospitals and physicians to find the best the world has to offer. Its network features hospitals that meet or exceed U.S. standards of care and are evaluated regularly on the basis of care quality delivered. For more details, visit www.satoriworldmedical.com.

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