A new study from AllClear Travel Insurance asked a representative sample of 2,212 adults which country they think would be the most expensive country to pay for medical care if they got sick abroad. This was matched with further questions regarding travel insurance. This question asks whether people are willing to pay a little more for travel insurance with the best medical coverage, or are pressures on the overall cost of a holiday forcing people to pay less? It was done. their policy.
Main findings
More than three in four (78%) correctly believe that healthcare is expensive in the United States, but are willing to pay more for insurance with the best health coverage (78%) A smaller proportion (71%) did so. Additionally, 29% would like to spend less on travel insurance when visiting the United States (29%).
For other long-haul holiday destinations, such as Thailand, Australia and Jamaica, around three in five people said they wanted the best possible medical coverage, even if they didn't think some countries were particularly expensive. said they would pay more for travel insurance with For medical expenses.
In European short-haul destinations such as Portugal and Italy, cheap coverage is more important than quality insurance products, with 68% saying they would not prioritize quality medical coverage. Instead, try to save money on travel insurance. Even though, for many people, the total cost of a vacation in Europe is usually much less than a long-distance trip.
People with medical conditions that put them at risk
AllClear's research suggests that people who need adequate medical coverage – travelers with pre-existing conditions – are less likely to pay extra for travel insurance with the best medical coverage. This trend was common for vacations to various long-distance destinations. For example, 73% of people with a medical condition think the U.S. is the most expensive destination to travel to if they get sick abroad, while 3 in 10 (30%) say they would rather go on vacation We choose to cut corners on travel insurance because of the common costs. There.
Comparing how men and women spend money on travel insurance, AllClear research shows that women tend to pay more than men for premium travel insurance that includes the best possible medical coverage. It became clear. For example, a woman is 11% more likely than a man to pay for the best possible medical insurance when visiting Thailand (66% vs. 53%), and she is 10% more likely to pay when traveling to India ( 65% vs. 55%).
Regional highlights
Looking at UK regions overall, people in Yorkshire were the most likely to pay more for health insurance when visiting the US (76%). However, people in the East Midlands were the most willing to pay more for travel insurance when going to India (69%), Australia (66%) and Canada (65%). In contrast, Scottish holidaymakers are more likely to save money on travel insurance when visiting countries such as Portugal (71%), Italy (70%), India (47%) and the United States (34%). gender was the highest.
AllClear recently partnered with Age Co, the commercial arm of the charity Age UK, to launch a new range of travel insurance for older travelers and those with medical conditions.
