Business travel is expected to reach pre-recession, if not record-breaking, levels as the U.S. economy continues to recover. With this uptick in frequent fliers comes a greater demand for medical insurance abroad.
A report released in April by the Global Business Travel Association estimates U.S. business travel will rise 5.1 percent in 2013 to $268.5 billion, a substantial increase over the 1.8 percent growth seen in 2012.
"Business confidence is up and the need to compete in the global economy is driving companies to invest in business travel," said Michael W. McCormick, GBTA executive director and COO.
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