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Money in the Bank Vs Health Insurance


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43 minutes ago, LivinLOS said:

The numbers have ranged from 100 million unpaid to 300 million unpaid.. For ALL non Thai visitors.. Consider 40 million arrive per annum thats a range of 2.5 baht to 7.5 baht per visitor !!! 

If I may correct that. The numbers have ranged from 100 million unpaid to 500 million unpaid.

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Sathit Pitutecha, deputy minister of public health, told Reuters. 

Thailand, a Southeast Asian tourist destination popular with ageing Westerners, currently has to pay around 500 million baht ($16.49 million) a year in medical bills for foreigners over 50, he said, an age group the government describes as “risky”.

 

BANGKOK (Reuters) OCTOBER 9, 2019

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38 minutes ago, sathornlover said:

If I may correct that. The numbers have ranged from 100 million unpaid to 500 million unpaid.

BANGKOK (Reuters) OCTOBER 9, 2019

 

wow, thats like 12.5 baht per tourist visitor!

 

totally worth risking your 48 billion baht expat market over * :blink:

 

 

 

* based on 80000 retirees spending 600K per year

 

Edited by GeorgeCross
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20 hours ago, The Man Who Sold the World said:

Well, this "piece" kinda lost credibility when I read this; "In 2018, 680,000 out of 3,420,000 expats who visited the hospital didn’t pay their bills. The total unpaid amount was estimated at 305 million baht. 

The majority of unpaid bills were from retirees." 

 

Really need to provide some supporting documentation for this claim.

Apart from the odd story on Tv most tourists have travel insurance,many Retirees cant get it and cant afford health insurance plus older you get the more non accident related emergencies will happen.

 

Makes sense to me

Edited by madmen
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