One of the qualifying requirements for a retirement extension is an income of 65000 baht, so I have often wondered why don’t they just charge us the same as somebody actually working here on that salary and contributing to the Social Security fund, which I believe comes to 1500 baht/month. For that we would just get medical treatment in a govt hospital. Pay it every year or no extension, simple option ! All the money would go into the hospital system, not get siphoned off in profits to an insurance company.
Surely medical treatment for us oldies cannot be that much more expensive than the brain injuries and general road accident trauma caused by younger people riding motorcycles drunk, at high speed, and without a helmet, whether they be tourists or Thais.