Originally Posted by
bowie
My angst is in the numbers.
Today, I’m paying just under USD $4.5k/annum for myself and my wife (2 persons 57/62yo) in-patient only with a USD $5k deductible and a limit of USD $1M/pp. So, the math, if one gets seriously sick - $1M/$10k(premium + deductible) = 1% a good deal.
Under the Thai Insurance Plan listed in post #21 (using Thaivivat) we would be paying THB 105k (2 persons 57/62yo) for THB 440k in coverage. 440k/105k = 24% a rip off, period exclamation point. When we get older the premiums increase to THB 240k (80/85yo) math 440k/240k = 55%, this ain’t only a “ripoff”, it’s an out-and-out giveaway.
Self-insured is my plan (at this point in time) when my premiums start to hit the 15-20% mark. If Thailand legally “forces” me to pay the premiums listed above. A legal challenge may well be warranted, failing that, repatriation and/or relocation to a more expat friendly location is on the list of options.