Whether it’s your annual sojourn to the sunny south, a bucket-list trip to Europe with kids and grandkids or a cheeky weekend escape to New York to catch a show, the perfect getaway should be as enjoyable, affordable and angst-free as possible.
Unfortunately, there’s often a catch: In order to reduce the stress from your out-of-country excursion, you’ll want to travel with an emergency medical insurance plan, which, like everything else these days, is getting more expensive.
“Global health-care costs are soaring,” says Kellee Irwin, vice-president of Orion Travel Insurance, a CAA company. Paul Savage, head of individual insurance at Manulife Canada, concurs: “The cost of medical insurance is highly correlated with the cost of that medical treatment, among other things.”
The costs are indeed staggering – an uninsured…
