If you are an executive or other business person who travels extensively in other countries, then you might think that you would be covered by your employer-provided health care while you are abroad. But, if you take a closer look at your health insurance policy, you might find out that you are not. If you get sick or injured in a foreign country, you might find yourself paying out of pocket for many more medical expenses than you were prepared for. By purchasing global health insurance, you will be protected while you are abroad, whether you are there on business or just for fun.

Global health insurance is also ideal for the student or young person who is travelling around the world.

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The health care industry has undergone a number of changes in the past few days. Doctors, health insurance companies and even the IRS are making or seeing drastic adjustments – let’s take a closer look.

Doctor’s Face another Medicare Payout Cut

In March, we reported that doctors were ditching their patients because their Medicare payments had been cut by 21 percent. Now it appears that doctors could face yet another 21 percent payment cut in Medicare reimbursement on June 1. In 1997, a Medicare formula was established that said rates should be cut every year, but Congress has blocked the cut seven out of eight years.

In order to block the cut for June, Congress would need to vote within the next two weeks. (

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