Why more retirees in Thailand are switching to long-term health insurance

[CharlieH]

 

As the number of retirees in Thailand grows, so does the demand for reliable health coverage. Short-term insurance plans may seem convenient at first, but they often fall short when it comes to continued, long-term medical needs. That’s why many retirees are now choosing comprehensive health insurance that provides real peace of mind.

The problem with short-term health insurance

Short-term plans may be cheaper, but they come with major limitations:

• Limited coverage: These plans typically do not cover specialist care, advanced diagnostics, or hospital stays. This means retirees could face big bills for essential treatments.

• High out-of-pocket costs: With less covered by the insurer, retirees often pay a lot themselves, especially if they need ongoing care.

• No support for chronic conditions: Health issues like diabetes, arthritis, or high blood pressure usually aren’t covered under short-term plans, making it harder to manage long-term health.

• Risk of large expenses: In the event of a serious illness or emergency, retirees on short-term plans could face major financial setbacks.

For those living on a fixed income, these risks can make retirement in Thailand unnecessarily stressful.

The benefits of long-term health insurance

Long-term plans offer much broader protection and better value in the long run:

• Full coverage for outpatient and inpatient care: From regular check-ups to hospital stays, these plans cover a wide range of medical services.

• Access to top hospitals and clinics: Retirees can get treated at leading hospitals across Thailand without worrying about upfront payments.

• Ongoing support: Chronic conditions are covered, along with preventive care and emergency services, helping retirees maintain a healthy, independent life.

• Financial protection: These plans reduce the risk of surprise bills, offering stability and meeting requirements for Thailand’s retirement visa.

To reap the benefits of a long-term plan, choose a reputable insurance provider such as Cigna. Click here for more details.

Why Cigna is a reliable option for retirees

Cigna offers expat-friendly health insurance plans that are ideal for retirees in Thailand. Here's what makes them stand out:

• Customisable plans: Cigna gives retirees the flexibility to tailor coverage based on personal needs and budget.

• Access to premium hospitals: Coverage includes leading medical facilities such as Bumrungrad International and Bangkok Hospital, all of which are held to international standards.

• 24/7 support: With round-the-clock customer service and telemedicine options, Cigna ensures retirees can get help anytime, from anywhere.

 

Whether it’s managing a chronic condition or ensuring you’re covered for emergencies, Cigna helps take the stress out of retirement healthcare.

 

 

 

Sponsored - Original article by The Thaiger