Health insurance costs in old age.

[sidjameson]

Thinking long term.

Wondering what are the health insurance costs for a 70, 75 and 80 year old? No existing illness.

[CharlieH]

WRONG FORUM

MOVED

[chris2004]

I would imagine they become unaffordable after 70/75. That's why i self insure. I don't see the point of paying premiums while you are well then get kicked out when you start to get ill.

[sidjameson]

Yes. I think you are right.

I can't believe no one is replying to this.

Does it mean that nobody in their 70's has health insurance?

Hmm or that they return to their home country at that age?

[JLCrab]

I would imagine they become unaffordable after 70/75. That's why i self insure. I don't see the point of paying premiums while you are well then get kicked out when you start to get ill.

Unless you have some catastrophic risk coverage, you don't self-insure; you just have no insurance. What you have is a reserve. Whatever is in your reserve, that is what you have. No possiblility of, given an adverse incident, getting more than you put in.

Edited October 4, 2014 by JLCrab

[johnh869]

AIA H&S Plus Gold..... Get it before your 70!

Edited October 5, 2014 by johnh869

[AAInsuranceBrokers]

When one asks what the premiums are it is very difficult to answer as we all want differnt things. Below is an example of the Basic cover and from this the sky is the limit depending on the amount of benefit required.

HOSPITAL EXPENSE

Standard (Baht)

Daily Room & Board and general nursing service up to 45 Days. Maximum limit per day

1,500

Daily Charges for intensive Care-up to 15 days. Maximum limit per day

3,000

Miscellaneous Hospital Charges

20,000

Emergency Outpatient Treatment (for cover accident which has been treated within 24 hours of the accident by the outpatient department of hospital/doctor’s office

4,000

Specialist’s Fee

4,000

Surgeon’s Fee (Per Surgical Schedule)

40,000

Physician’s daily Hospital Visit

(Non- surgical) up to 45 days. Limit per day

500

Personal Accident (AD & D)

50,000

Maximum Limit per Disability

272,500

51 – 55 6,577

56 – 60 7,631

61 – 65 9,157

66 – 70 12,224

71 – 75 18,384

76 – 80 27,575

[Suradit69]

Yes. I think you are right.

I can't believe no one is replying to this.

Does it mean that nobody in their 70's has health insurance?

Hmm or that they return to their home country at that age?

"Does it mean that nobody in their 70's has health insurance?"

Most farang who insure in Thailand have hospital insurance, not health insurance. The latter implies some coverage for office visits, out-patient care and prescriptions. While companies like BUPA offer add on options for out-patient care, the additional premium is usually about equal to the maximum you could ever hope to claim during the year. And, most companies here will only offer you continued coverage if you start insuring with them before 60 or even 55 ... but they may only show premiums up to ages in the 60's because you'll get whacked on an individual basis after some point heavily enough to discourage you from keeping the policy.

I have insurance that does indeed cover hospital, doctor office visits, prescriptions, dental work, eye glasses, etc. It was part of my retirement benefits from a business in the US. I send them receipts they reimburse me. It's free ... if you ignore the 25 years I worked for them.

I can't believe no one is replying to this.

One of the reasons few people are replying is probably because the subject exists in many, many threads already.

Edited October 5, 2014 by Suradit69