How Immigration Insurance works?
In all cases, the insurance company will only pay for 90% of your medical expenses. In case your expenses are above the maximum limits stated in the paragraphs below, then the insurance company will pay only the maximum limit amount.
Inpatient Expenses (Related to hospitalization)
1.The maximum amount of coverage per illness or accident in case of hospitalization (i.e. inpatient expenses) is 8,544 euro (per insured person). Example 1: If you stay in the hospital and you have an operation which costs 10,000 euro, then the insurance company will only cover 8,544 euro. Example 2: In case the operation costs 5,000 euro, then the insurance company will only pay 4,500 euro (which is 90% of the 5,000)
1.i. The maximum coverage amount during the period of insurance is €13,669.00 (per insured person). Example: Let’s say that during the year you had two operations. The first operation cost 7,000 euro and the second operation performed after a few months cost 15,000 euro. The insurance company will pay 6,200 euro for the first operation. Since the cost is lower than the limit of 8,544 euro, the insurance company will pay only 90% of the 7,000 euro, which is 6200 euro. The second operation costs 15,000 euro. Because the client already made expenses of 6,200 euro the insurance company will pay only 13,669 – 6,200 = 7,469 euro for the second operation.
1.a. The maximum daily Hospitalization expenses for one regular room and food is €69 (daily)
1.b. The maximum daily Hospitalization (Room and Food) in the Intensive Care Unit is €171 (daily)
Outpatient Expenses (when hospitalization is not required)
2.The maximum amount of coverage per illness or accident in case of outpatient expenses is €684 (per insured person). Outpatient expenses are related with medical services that do not require staying in the clinic. For example check-ups, visits to clinics or even surgical procedures, so long as they allow you to leave the clinic in the same day. For example if you had a blood test which costs 1,000 euro, then the insurance company will pay only 684 euro. In case the blood test cost 500 euro then the insurance company will pay only 450 euro (which is 90% of the 500 euro)
2.a. The maximum amount for the period of insurance is €1,709.
2.b. The maximum amount per visit to a doctor is €18
3.In case of birth (Normal Birth or Caesarean Section) the maximum amount of coverage is €513. The childbirth should occur at least 10 months after the commencement of the policy.
4.In case the insured person dies in Cyprus, the insurance company will pay a maximum of €3,418 for transporting the body of the deceased to the country of burial or cremation.