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Sheryl

"Cheat Sheet" for Longstay Insurance Policies

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They told me that too initially. Then others posted opposite info and I went back to them and asked again and they reversed.

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1 minute ago, Tracyb said:

thanks for that information....  I'm considering Pacific Cross at the moment!

 

Given the account Sheryl has just posted above, one of the first question I'd be asking Pacific Cross, if I was talking to them about a prospective O-A policy, is whether a person can have an O-A policy that includes deductibles.

 

Just for a little clarity:  Pacific Cross's original 3 Platinum policies specifically for the O-A requirement do NOT even have any option for deductibles.

 

But their larger number of general public insurance policies that they also say are O-A certified DO, at least in the terms of the policies and premiums, include the option for deductibles. I'm assuming those were the ones Sheryl was commenting on above and raising the question about whether those policies in fact can have deductibles and still be O-A certified.

 

 

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1 minute ago, Sheryl said:

They told me that too initially. Then others posted opposite info and I went back to them and asked again and they reversed.

 

Needless to say, the question about whether O-A certified health policies can have deductibles or not is not a particularly complicated subject... either they can, or they can't. That's about it. You'd think and hope the various Pacific Cross folks answering inquiries on this could get their act together a bit better!

 

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1 hour ago, Sheryl said:

Any plan from a Standard Extra and above from our 'Lifestyle Series' is allowed, and has the option of deductibles.

 

So it's exactly as we've been posting and reporting here.... deductibles are perfectly fine for O-A certification purposes as long as you choose one of Pacific Cross's general public "Lifestyle" series plans and don't opt out of OPD (which comes included by default).

 

Thanks for confirming that and correcting the earlier miscue.

 

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The chart has been updated as Diphaya has finally come out with a product. Nochange to the smaller chart in the pinned thread because they, like most, do nto provide lifetime renewal.

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Update: there is a Ministry of Public Health Guideline out which lists 2 companies not currently showing on the tgia website: Bangkok Insurance Co and Syn Mon Kong. I am trying to verify whether these also have policies that can be used even though they do nto appear on the website. At this point it is unclear if they were initially planned and dropped out or are late additions that do not yet show on the website.

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Bangkok Insurance confirmed but product available only from December. Chart has been updated.

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On 11/7/2019 at 2:01 PM, TallGuyJohninBKK said:

 

So it's exactly as we've been posting and reporting here.... deductibles are perfectly fine for O-A certification purposes as long as you choose one of Pacific Cross's general public "Lifestyle" series plans and don't opt out of OPD (which comes included by default).

 

Thanks for confirming that and correcting the earlier miscue.

 

But I wonder how long it will take for them to close that loophole. 

 

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12 hours ago, Tuvoc said:

But I wonder how long it will take for them to close that loophole. 

 

 

I don't expect any change about that. The government approved their policies as they were. And, the O-A documentation they'll issue to show to Immigration just will list the policy cover amounts, and not anything about deductibles one way or the other.

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Syn Mon Kong company (listed in the MoPH Guidelines) informed me today they chose to drop out of the longstay insurance scheme So the total is 13: the 12 companies listed on the website plus, starting in December, Bangkok Insurance Co.  These are reflected in the updated chart.

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Great posts, with some great information.   My situation.......I have an Aetna policy in the US.   It's fairly comprehensive, covers me while I'm in Thailand, and well exceeds the gov't requirements.   I wrote to Aetna Thailand today to see if they will issue the insurance certificate based on my US policy.  I'm paying about 75,000 baht per year for the policy.  I certainly don't want to increase my costs by 30% or more for a completely unnecessary expense.

I guess the next move is to find out if I can get a "supplemental" policy from a Thai insurance company.  Possibly they'd reduce premiums for those who are already insured?   (what a racket) 

Someone mentioned an O visa as an option for those married to Thai spouse, for avoiding the insurance requirement.  My understanding is that this is only valid for 90 days, right?

Another option is to dump the condo and just stay permanently in the US, and make periodic trips.   I guess old retired people don't add much value to the Thai economy if they're willing to drive us off.

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19 minutes ago, madisongy said:

Great posts, with some great information.   My situation.......I have an Aetna policy in the US.   It's fairly comprehensive, covers me while I'm in Thailand, and well exceeds the gov't requirements.   I wrote to Aetna Thailand today to see if they will issue the insurance certificate based on my US policy.  I'm paying about 75,000 baht per year for the policy.  I certainly don't want to increase my costs by 30% or more for a completely unnecessary expense.

I guess the next move is to find out if I can get a "supplemental" policy from a Thai insurance company.  Possibly they'd reduce premiums for those who are already insured?   (what a racket) 

Someone mentioned an O visa as an option for those married to Thai spouse, for avoiding the insurance requirement.  My understanding is that this is only valid for 90 days, right?

Another option is to dump the condo and just stay permanently in the US, and make periodic trips.   I guess old retired people don't add much value to the Thai economy if they're willing to drive us off.

1. I doubt Aetna Thailand will issue the needed certificate but wait and see (and report back here if they do!).

 

2. None of the Immigration approved companies have products for people who already hold insurance. It is a big need/gap. The available products seem to have been developed without any sort of market research into what the target group needs and wants. 

 

3. Re the O visa it will allow only 90 days on entry but you can extend it in country for a year at a time and indeed, no insurance requirement at the present time. Check the Thai Visa subforum for requirements and necessary documents. You'll need to show either income (coming into Thai bank) of at least 40,000 baht a month or lump sum of at least 400,000 Thai baht in a Thai bank account.

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Sompo company informed me today that their plan is still under development.

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First of all, thanks to everyone for providing valuable advice on this topic. 

 

I am currently looking at the Thaivivat 400/40 plan for my elderly mother (73 years old).  Other than Pacific Cross, I understand Thaivivat is the only other company with a plan currently available for entry permitted up to 75 years old with lifetime renewal.

 

As such, does anyone have any experiences (positive or negative) with Thaivivat insurance company that you can share?  Many thanks.

 

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