Thread: Health Insurance Now Required for Long Stay Expats

Originally Posted by terry57

throat cancer

That's what ended DD. A tough one to cure.

Originally Posted by terry57

I recon in Seppoland they would let ya die if ya had fook all as well so no difference really.

Depends on age. In my case, 100% covered via Medicare and Medicaid. Government coverage for retired folks.

^^ Good to know they will be able to wheel you to the Pullman for New Year bevvies

Originally Posted by Pragmatic

So you buy travel insurance but at the first sign of problems you fcuk off back to Oz.

Aren't you the stupid cnut for buying 'travel insurance' if you don't use it?

Prag, its like most stuff, belt and braces. If you need it to get stabilised to sort you out prior to a flight out then less than 30 squid is a bargain

Originally Posted by NamPikToot

If you need it to get stabilised to sort you out prior to a flight

But Terry indicated that he doesn't use it and just goes straight back to Oz at the first sign of trouble. I'd assume his policy costs more than a straight back to Oz flight, so why travel insurance?

Na ya silly fuker, im talkin life threatening shit like fukin cancer not an in grown toe nail.

And ya assumption is fuked innit.

My Private cover in Aussie and travel insurance have fook all to do with each other eh.

Travel Insurance will save my arse if i get fooked up in lieland and my Private cover in Aussie ensures i go strait in to get me shitter sorted.

All other stuff i pay cash for at Private Hospital in Lieland and me Travel insurance piks up the tab once i submit the claim.

Thats how Insurance works innit.

Anyway, you can take ya chances with no health cover eh, dont worry me Bra.

Originally Posted by Pragmatic

But Terry indicated that he doesn't use it and just goes straight back to Oz at the first sign of trouble. I'd assume his policy costs more than a straight back to Oz flight, so why travel insurance?

A small point to consider of course is actually getting flown back to the motherland. If the travel insurance includes unlimited repatriation, fair enough, but if questions are raised it could be irritating.

Originally Posted by Seekingasylum (Health Insurance Now Required for Long Stay Expats) Err, there is no western oriented medical insurance provider that will offer a 60+ annual policy for under 150,000 - 250,000 baht and that will of course depend on medical history, exclusions and excesses.

Originally Posted by Klondyke

Unlike a Thai life/medical insurance...

What I was meaning by this: There is a possibility for falangs under 70 to get here a Thai life insurance (Pakan Chivid) combined with medical care, I am having that at AIA, had made use of it many times in a private hospital.

They have various programs, combined with investment, also withdrawable. (It was already once discussed here).

Health Insurance is like having a second arsehole.

Its totally useless until the time comes ya really need it.

We all hate spending the money on it but when ya actually need it ya praise the fukin lord ya have it.

True dat innit.

Originally Posted by terry57

Thats how Insurance works innit.

Dunno Bra. I don't have insurance and have no intention of ever having any. Thai government permitting.

there is another story from the other planet,i think its over 2yrs.since,a well know expat with a decent business and a decent wallet full,living in patts,that was till a few leeches sucked most of his satang,but he still had around 2mill.left.then he had what i had to have done to survive.i told him the cost [mine done uk] at around 1.5million he thought thats ok.till he got the add ons which left him with fk.all.a very nice bloke who never asked anybody for anything.luckily he had a good family back in the uk.that took care of him.the only thing that left him with a big hole in his heart[no not the OP] but he had to leave his beloved dogs behind.he still keeps in touch with al theml that knows him in los.a rearly nice bloke.
so all you guys that don't have ins.or because of age[me 74] sit down and think about what could happen if you don't have enough cover and maybe,i do say MAYBE those that have a wife who thinks CANT WAIT till I get my hands on his ackers.KEEP IT SAFE and don't let on to ANYONE.

I never really understood Life insurance. I guess if a guy is in debt up to his eyes and has young kids its a descent idea. Hate to croak and leave wife and kids in ruins. However if you manage your financial life well, Life insurance is nothing but a lonnnnnnng term scam.

IMHO med coverage is a good idea.

I just looked at my work Med card from AIA. Its pretty basic. My wife is covered the same

In Patient 2k baht a day

Out Patient 1.5K baht a day

Er/accident 6k baht a day

There are limits but would have to dig in and look. But again anything above and beyond the US company will pay the difference.

my outlook on whats left of my life,I WILL NOT LET ANYONE SCAM ME of my wifes MONEY, yes its all her's,but even now after working her socks off in the uk.and giving me a life that most people dream of,she still works as a volunteer secretary for the health care of the whole ban-mai district.i keep asking her to pack it in,but she say's if I needed to go into hospital AGAIN I get a private room at half price.those who nows the song FANLIGHT FANNY well she is like her.

I'm curious how this is going to help? Given that mostly one has to pay first and then claim on insurance. So if the individual can't afford to pay the bill, having insurance won't help.

Originally Posted by VocalNeal

So if the individual can't afford to pay the bill, having insurance won't help.

That's where a Credit Card comes in handy. But in saying that I'm unsure if a government hospital accepts them. I always use government and only ever paid cash.

Originally Posted by Pragmatic

That's where a Credit Card comes in handy. But in saying that I'm unsure if a government hospital accepts them. I always use government and only ever paid cash.

Yes they typically do. I know my wife pays for my FIL on the card. She loves rackin up bonus points albeit he doesn't have high doc bills. 600 to 1200 baht.

yes VN.that is something to THINK ABOUT,going back to 1984 i had a realy bad evening in bkk.i went down stairs to reception in the hotel and told them get me a taxi to a hospital.i had never ever been to one before,so you can guess where the taxi took me.a private one off suk.road.
i remember the docter asking me how much money do you have,not much but i have ins.but i need to see money first,taxi took me back to the hotel,manager went to the room opened the safe and took out a bag.that put a smile on the hospital doctors face when i went back.15k.a bed bath,nice nurse,2nights with rice porridge and a bag of pills.[HEAT STROKE]
so as you say VN.ITS MONEY OR YOUR LIFE.

Originally Posted by headhunter

ITS MONEY OR YOUR LIFE.

That would never happen at a government hospital.

Originally Posted by JPPR2

I never really understood Life insurance.

Life insurance is to replace your salary in the event of your untimely death. Financial planning: husband is the breadwinner, wife is raising the kids. If the husband dies in an accident - what are the wife and kids going to live on?

With the correct financial planning the husbands salary will be replaced by the life insurance benefit. A slew of different life insurance plans with investment options and many are quite attractive tools, providing both investment assets and long term security.

On a personal note, I purchased a whole life plan at 24 1/2 years old, a universal plan at 29 1/2 years old and a term life plan when I purchased my house.

Canceled my term life plan when we sold the house, kept the wifes term life plan as its the only life insurance plan she had. The whole life and universal have turned into quite nice investment vehicles in that they both guarantee a minimum 4% return - better than savings accounts these days. They, just like a Roth 401k or Roth IRA continue to grow in size. The premiums are paid with after tax dollars and the payouts, either surrender value or death benefit - are not taxable.

Just another piece of a well thought out financial plan.

Originally Posted by bowie

Life insurance is to replace your salary in the event of your untimely death. Financial planning: husband is the breadwinner, wife is raising the kids. If the husband dies in an accident - what are the wife and kids going to live on?

True, but most companies offer life insurance as long as you are employed at 2.5 times your annual earnings (unless you commit suicide). Why double and triple it I guess one would ask (unless you are self employed or have tremendous debt or financial liabilities). I too had a whole term life insurance policy a company I worked for offered as an incentive. I was paying into it for years after I left the company. One day I sat and looked at the coverage and the pay out was really crap overall. I cancelled it and got a nice refund check that I enjoyed while I was alive versus someone else when I was dead.

That said though, proper financial estate planning mitigates any need for some costly life insurance. My daughters will split my IRA balance when I croak. My wife gets the house and all the other monies in the joint bank acct we have here and 1/3 of the balance in my U.S. accts. I currently have no outstanding debt and will keep it that way. My parents who are mid 80's will pass on their estate to my brother and I (If I should outlive them) then my Will will be updated to reflect that and is to be divided 33% between my 2 daughters and my wife here. All of them shall be well taken care of when I pack it in and call it. My daughters both have outstanding careers and work for big companies so my contribution after I bite it will really only be a bonus of sorts.

Originally Posted by terry57

The punters who have not had bad shit happen convince themselves that alls cool , no need to worry about Insurance and if they die they die.

In the case of clueless newbie Kev in Thailand, his grand plan was to wait till he turned 60 then get local health insurance. Problem being he's still in his 50's, has throat cancer (hopefully treatable), and it goes without saying that no insurance company will touch him with a 10 foot pole now. He should have been asking questions instead of making vlogs giving advice on living in Thailand.

Originally Posted by Jack meoff

^^ Good to know they will be able to wheel you to the Pullman for New Year bevvies

Will be one hell of a long trip. Can only use benefits in a US hospital.

Originally Posted by Headworx

In the case of clueless newbie Kev in Thailand, his grand plan was to wait till he turned 60 then get local health insurance. Problem being he's still in his 50's, has throat cancer (hopefully treatable), and it goes without saying that no insurance company will touch him with a 10 foot pole now. He should have been asking questions instead of making vlogs giving advice on living in Thailand.

Does throat cancer prevent you from flying back to the UK for free treatment?

Originally Posted by buriramboy

Does throat cancer prevent you from flying back to the UK for free treatment?

good point, but I guess those guys have no where to stay there after they burn all their bridges to move to Thailand

Originally Posted by buriramboy

Does throat cancer prevent you from flying back to the UK for free treatment?

I don't know. What I do know is an old friend died from it in Bangkok recently and it's a nasty way to go.