MetLife, Inc. (NYSE: MET) announced today that multinational corporations with expatriate employees in Mexico can now access the MetLife provider network in Mexico of over 700 hospitals and 8,300 providers of healthcare and medical services.
In addition to providing expatriate insureds with better service, these insureds will be able to take advantage of direct care in the country where they now reside. The main benefit will be the services infrastructure through which MetLife operates in Mexico, with some 700 hospitals and 8,300 physicians and additional specialists. In addition to the vast provider network, the company will offer a wide range of services for foreign employees, including processing of direct payments rather than reimbursements, local claims processing and customer service located in Mexico City, negotiated discounts of 10-15% on healthcare services and direct access to 26 MetLife offices located at the top 26 hospitals in Mexico. These MetLife offices are home to on-site doctors and administrators employed by MetLife to assist members with case management or additional assistance while on-site.
“We are pleased to offer our expatriate benefits customers in Mexico, some of whom have been with us for decades, enhanced access to some of the best hospitals in the country and the full suite of personalized service provided by MetLife medical directors and support staff co-located in the top hospitals,” said David Nagengast, assistant vice president, Global Employee Benefits, MetLife. “We are now providing our customers will a simpler and lower cost solution to their medical needs that is currently unique in the Mexican marketplace. Furthermore, the expansion of our expatriate platform in Mexico is a strategic push that capitalizes on our truly global footprint and accelerates our momentum in the expatriate business segment."
The addition of the Mexico network expands MetLife’s expatriate services offering that is currently available in over 100 countries. And, providing employee benefits – according to the 2011 MetLife International Employee Benefits Trends Study – not only can help businesses achieve their main objectives (whether to retain employees or keep them satisfied), but also to overcome the divergence between different visions of employee and employer loyalty.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV