Fake need for mandatory healthcare insurance

[Puchaiyank]

Explain this to me...immigration visa requires 400k to 800k baht in Thai banks 5-6 months of the year...for long stay visas...

 

Healthcare insurance requirement is for 400k baht minimum...

 

The insurance to pay for healthcare is already in the bank...a visa requirement.

 

What logical sense does it make to pay a yearly policy for 400k baht coverage when you are already covered by your 400k to 800k Thai bank savings account?

 

This is a fraud in my personal opinion and can not be justified except being used as another opportunity to game expats...

[userabcd]

Immigration for retirement visas/extensions

requires 400000 Baht in a bank for 12 months

requires 800000 Baht in a bank for at least 5 months

 

That is the understanding for those who use the lump sum amount rule to secure their annual temporary stay in Thailand.

 

Currently the medical insurance is for the long stay O-X category visa applied for outside the country at an embassy for the nationalities of 14 countries.

 

"O-X"

For applicants aged 50 and over who wish to stay in Thailand for an extended period without the intention of working, and who are nationals of of (1) Japan (2) Australia (3) Denmark (4) Finland (5) France (6) Germany (7) Italy (8) Netherlands (9) Norway (10) Sweden (11) Switzerland (12) United Kingdom (13) Canada (14) United States of America

[stevenl]

There is no insurance requirement for extensions of stay, what you're referring to.

[topt]

15 hours ago, Puchaiyank said:

This is a fraud in my personal opinion and can not be justified except being used as another opportunity to game expats...

Even if you were correct I am not sure why you have posted this thread when it has been discussed to death in multiple other threads already........

And, as @stevenl points out, even your basic premise is currently wrong.......