The Gold MasterCard overseas MasterAssist Medical Protection program has canceled the outstanding benefits for overseas travelers as described in the article “Selecting Travel Health Insurance” (ITN, May ‘91, pg. 64).
This cancellation is effective Jan. 1, 1992. Benefits now are essentially ones providing “referrals” and other “assistance.”
The provisions in effect through 1991 supplied no-extra-cost health insurance, medically required transportation to cardholders’ home cities and several other benefits not available through other credit cards.
For me, they’ve lost their competitive advantage. I’m going to cancel and tell them why.
If you wish to comment regarding this reduction in overseas medical coverage, call your Gold MasterCard’s customer-service 800 number and/or 1-800/MC-ASSIST and drop a line to Steve Apesos, MasterCard, 888 Seventh Ave., New York, NY 10526.