The costs of Health Insurance in Thailand

[CharlieH]

 

Medical coverage in Thailand remains crucial for expatriates and Thais, ensuring medical care access when needed and financial security. While rates vary based on personal factors and selected coverage options, cost-effective and comprehensive coverage plans offer plenty of choices. Let us explore the key aspects of Thai health insurance, and what you should consider when selecting a plan that works best for you.

Factors affecting costs

 

Several crucial factors influence health insurance premiums in Thailand. Being familiar with these components helps you select the appropriate coverage that fits your needs and finances.

Age and health

Insurance rates increase significantly with age and older individuals may face higher premiums due to an increase in the likelihood of requiring medical care due to increased health risks.

Those with existing health conditions also typically face elevated rates due to anticipated treatment requirements. Before setting premiums, insurers often conduct thorough health assessments during their underwriting process.

Basic vs. comprehensive coverage

Entry-level plans, although they offer reduced rates, limit services to fundamental medical care, potentially excluding major procedures or treatments.

More comprehensive coverage plans do offer broader coverage, including hospitalisations or outpatient care, but at the cost of a higher premium. Be sure to assess your healthcare needs and budget before making a decision.

Local vs. international insurers

Domestic or local insurance providers typically charge lower rates, primarily serving Thailand-based medical facilities. 

On the contrary, while international providers are more costly, often come with expanded coverage options, including access to medical facilities worldwide. For their flexibility and worldwide benefits, many expats may prefer international plans over domestic ones.

Additional coverage

Adding additional protection for dental procedures, eye care, or maternity services will increase monthly premiums. While they are optional, these additional services are often necessary depending on individual circumstances. If you do need the extra coverage, it’s best to start here.

Average costs of Thai health insurance

 

Understanding the standard cost of health insurance in Thailand is indeed important to help us make informed decisions. Cigna provides various plans to accommodate different needs and budgets, including comprehensive coverage plans.

Below we examine standard insurance costs within Thailand and explore Cigna's available options.

Cigna's global coverage options

Cigna specialises in expat-focused health insurance plans in Thailand, offering adjustable and flexible coverage. Here are some of the key features and costs of Cigna’s plans.

 

Plan Type	Coverage Area	Annual Benefit Limit (US$)	Core Benefits
Silver	Worldwide or Worldwide excluding USA	1,000,000	- Inpatient and daypatient treatment - Private room accommodation - Full cancer care - Newborn care cover
Gold	Worldwide or Worldwide excluding USA	2,000,000	- Inpatient and daypatient treatment   - Private room accommodation  - Full cancer care - Inpatient maternity care
Platinum	Worldwide or Worldwide excluding USA	Paid in full (unlimited)	- Inpatient and daypatient treatment   - Private room accommodation - Full cancer care  - Inpatient maternity care - Mental and behavioural health care paid in full
Close Care	Country of residence + Country of nationality	500,000	- Inpatient and daypatient treatment (semi-private room) - Full cancer care

Benefits of Cigna’s plans

Cigna's health insurance plans include key advantages providing robust protection and adaptable options for expats in Thailand.

Benefit	Details
Inpatient care	Up to US$1,000,000 per year for hospital stays
Outpatient visits	Up to US$25,000 annually for doctor consultations
Chronic condition support	Full coverage for ongoing treatment of chronic illnesses
Emergency evacuation	Covered 100% worldwide for life-threatening situations
Preventive care	Includes check-ups, screenings, and vaccinations
Customizable add-ons	Options for dental, vision, and maternity care can be added

Looking for coverage? Get a free quote and secure your plan today before premiums increase and policies are updated. Prioritise your health and act today!

Advantages of having health insurance  

 

Emergency and chronic condition coverage

Insurance helps manage costs for unexpected medical emergencies, such as accidents and sudden illness, minimising the financial burden of expensive medical expenses. It also supports the ongoing treatment of persistent conditions such as diabetes or asthma by covering medical consultations, testing services, medications, and hospital care. 

This ensures proper treatments for patients and helps prevent health complications.

Access to international standard care

Health Insurance guarantees treatment at private medical facilities recognised for higher service quality, minimal waiting periods, and advanced medical technology. For their reliable care standards, these institutions are often preferred by expats, especially during emergencies.

Insurance plans generally include established hospital networks, providing quick and effective treatment access when needed.

Peace of mind for expats

Having health insurance provides reassurance to expats and families, knowing that medical costs are taken care of in times of need. This can help reduce the stress and anxiety that comes with health scares, giving you the peace of mind to fully focus on your recovery.

Families may value this protection for members such as children or grandparents who may require more frequent medical attention. Many policies also include additional services like psychological support and wellness programs in a bid to promote overall health and well-being.

Choosing the right plan

 

Evaluating your medical needs

Before choosing a plan, you should have a good idea of your healthcare needs. Consider factors like how often you visit your doctor, whether you have existing chronic conditions, and whether you have a preferred provider. This information will help you pick the perfect coverage plan for you and your family.

Comparing plans

Be sure to review the benefits of different plans. Do they cover hospitalisations, outpatient care, and preventative services? Take a look at the premiums and benefits to make sure that you get a good deal.

Understanding limits and exclusions

Carefully review excluded services, such as pre-existing conditions or specific treatments to avoid any unexpected expenses. Keeping these details in mind helps you choose a deal that fits your needs.

Having health insurance in Thailand remains crucial for both expats and locals, ensuring both financial protection and quality care access. Ultimately, costs may vary depending on age, health status, and selected coverage, ranging from basic to comprehensive plans. 

International providers, including Cigna, offer specialised plans featuring benefits like hospital care, chronic condition management, and emergency evacuation services. Investing in health insurance is crucial for alleviating financial stresses during emergencies and promoting overall health and well-being in families.

 

 

 

 

 

 

 

Original article by The Thaiger