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Tag: crossborder

UK vs U.S. Healthcare: What Ex-pats (and others) Need to Know

healthcare in U.S. for UK Ex-pats
Entering a Vastly Different Healthcare System Requires Forethought and Planning

We had our own room in Cedars Sinai hospital – coming from the UK it seemed like a 5-star hotel. My newborn son peered up at me. His mother lay exhausted after a 20-hour labor and it suddenly occurred to me that our hospital stay was about to extend past 24 hours. But would the insurance cover it? In a panic, I tried to contact the insurance company. This was my first wake up call to the difference between the British and US healthcare systems and how, as an ex-pat from the UK, I might be in for a rude awakening.

My next was a year later after a $15,000 surgery to fix a deviated septum. I could no longer breathe through my nose. I had been referred to the specialist by my primary doctor but afterward, the insurance company refused to pay. What?! It turned out I needed two referrals for this particular surgery. That small print was hidden in the coverage brochure the size of the bible. The insurance company also insisted they knew that it was for cosmetic reasons. (This is Hollywood after all.) Thank goodness I had refused the doctor’s generous but insulting offer of a free nose job.

crossborder, expats, healthcare, moving abroad, UK

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Five Things to Consider Before You Retire Abroad

toy-travelers-on-passport
These Preparations Will Make for a Smoother Transition to Your New Home

Where in the world would you live if you could? Have you always dreamed of retiring abroad? You’ve worked hard for decades to reach retirement, now it’s truly within view and this may be your chance! An exciting new chapter is opening up that will allow you to focus more on enjoying life. Some want an adventure, others a lower cost of living whilst ex-pats might wish to return to their native land.

Whatever the reason, if this is your dream, you are not alone. For the past decade, retirement has also meant a move abroad for a growing number of Americans. If you’re considering leaving behind the daily grind as well as your roots on U.S. soil, consider these five things before taking the plunge.

crossborder, personal finances, retirement planning, wealth management

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WellAcre Global Wealth Advisors is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where WellAcre Global Wealth Advisors and its representatives are properly licensed or exempt from licensure.  This website is solely for informational purposes.  Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by WellAcre Global Wealth Advisors unless a client service agreement is in place.