I am 66 and in perfect health. I have had Thai health insurance for many years but my premium is now hitting 80,000 baht per year. I am enrolled in Medicare in the USA but only Part A.

I am thinking of taking the risk of self-insuring. However, as I do ride a scooter I would like accident only coverage. Has anyone done something similar and is there a Thai company that will provide at least a minimum of 1,000,000 baht in accident coverage (and preferably more)?

Thanks for your answers and no need to tell me I am an idiot for even thinking about it. :)

Edited 48 minutes ago48 min by ricklev

24 minutes ago, ricklev said:

24 minutes ago, ricklev said:

24 minutes ago, ricklev said:

I am thinking of taking the risk of self-insuring. However, as I do ride a scooter I would like accident only coverage. Has anyone done something similar and is there a Thai company that will provide at least a minimum of 1,000,000 baht in accident coverage (and preferably more)?

Thanks for your answers and no need to tell me I am an idiot for even thinking about it. :)

Leaving a Thai health insurance (what company?) at age 66 and you are in good health, would be insane IMO. 80k is excessive but many options to get a much more affordable policy. AXA would probably run about the same for a plan with a small deductible and all the bells and whistles. At 59, I pay 14.5k baht for 4.5 m(no exclusions) coverage with a 100k deductible. I can renew until 90 but if I dropped them and tried to reacquire insurance in 5-10 years, it would be extremely hard to impossible without countless exclusions if they would except me. That is not insurance and just a hope. I would then be forced to self insure.

You are in a enviable position being healthy ( assuming you are) and insured. I have known many healthy people here tell me they are healthy but in reality are extremely unhealthy. I bet you could get that premium down to 30k with a 100k deductible and if you talk to a rep, they sometimes will have higher deductible plans not listed online. Now you have the peace of mind which is worth so much.

Edited 5 minutes ago5 min by atpeace