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BANGKOK 25 June 2019 18:29
snoop1130

Mandatory health insurance for non-immigrant O-A retirement visa holders likely to take effect in July

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there seems to be a huge number problem here. there are about 68m people living in Thailand. I do not think 38m are long term visa holders.

another site says 2.5 m but does not mention long term vs short term. If 2.5m is divided by outstanding medical bills of 300m it comes out to about 120b. per expat.

how about charging 3,000 to renew the visa.

I think a complete study is needed...maybe again. I see most expats are from Asia....poor labor type people.

Thailand should compute the contribution long-term expats make to the economy. It certainly more than 120b. I send 80,000b/month.

If you look at it as a business, then 300m is a small price to pay for 'cost of business'. Sure, Thailand will make a lot more money if expats forced to buy insurance but they will also lose a lot from people leaving...and they will leaving and fewer people coming.

can you imagine if all of a sudden 10,000 (just a guess) condos go on sale in Bangkok, etc. 

this argument is also valid with tourist. what is the cost of business. maybe tourist should pay 500b more per visa.  then simply pay off medical bills that go unpaid

The solution seems easy to me but research is needed.  

 

 

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4 minutes ago, ebean001 said:

there seems to be a huge number problem here. there are about 68m people living in Thailand. I do not think 38m are long term visa holders.

another site says 2.5 m but does not mention long term vs short term. If 2.5m is divided by outstanding medical bills of 300m it comes out to about 120b. per expat.

how about charging 3,000 to renew the visa.

I think a complete study is needed...maybe again. I see most expats are from Asia....poor labor type people.

Thailand should compute the contribution long-term expats make to the economy. It certainly more than 120b. I send 80,000b/month.

If you look at it as a business, then 300m is a small price to pay for 'cost of business'. Sure, Thailand will make a lot more money if expats forced to buy insurance but they will also lose a lot from people leaving...and they will leaving and fewer people coming.

can you imagine if all of a sudden 10,000 (just a guess) condos go on sale in Bangkok, etc. 

this argument is also valid with tourist. what is the cost of business. maybe tourist should pay 500b more per visa.  then simply pay off medical bills that go unpaid

The solution seems easy to me but research is needed.  

 

 

ebeanooi, you made one of the most sensible suggestions I have read

Sadly Thai would not think of it.

charge 3000baht or whatever for a extension is a great idea.

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1 hour ago, rabas said:

Already discussed. Seven Thai companies offering special 'for expat' policies: exorbitant cost, minimal coverage. and forced excessive outpatient care. Doubt they cover any pre-existing parts of your body.

 

Hopefully later there will be threads about other more reasonable alternatives that fit peoples needs. That would be a good idea. Possibly major medical only (catastrophic) then self insure the rest.

Exactly what I am talking about. At a small nominal cost of 10,000 - 15,000 covers pre-existing nothing scrutinized and for all ages 50 -100 but needs to have some caps on things to make it work. Clauses like drunk on motorbike or no licenses etc would be excluded. I am seriously gonna put this into consideration with some Thai investors.

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Correct me if I am wrong but I think in the Philippines if you marry a Pinoy you can join Phil Health. Don’t know if it is any good.
Sorry for sidetracking. But it might of interest if someone wants to move.


Sent from my iPhone using Thaivisa Connect

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As a man of over 80 insurance is if you can find very dear and has many clause's that do no cover certain ills. I do not believe Thailand is place for  over 80's unless you have loads of money.  

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