Jump to content
BANGKOK
Peter Denis

THINK TWICE before subscribing to thai IO-approved health-insurance

Recommended Posts

19 minutes ago, Peter Denis said:

And in both cases, there is NO requirement for health-insurance…

 

yet.  (seemed appropriate so I added my 2 satang worth)

Edited by MeePeeMai
  • Like 2

Share this post


Link to post
Share on other sites
26 minutes ago, MeePeeMai said:

 

Yet....

Yes point 11.

 

If they do extend this subject to non-O extensions, then those will become  non-options (in the future)from my Point of view. In the same way as O-A visa I feel is no longer an option.

 

Permanent existing customers will really be screwed if they don't have a plan B, and that happens. 🤑

 

Share this post


Link to post
Share on other sites

The only possible plan B would be to buy that insurance <deleted> or leave the country.

Or buy an Elite Visa and enjoy airport transfers in BMW 7 for just 500k - as long as they don't extend their b.s. to that kind of visa too. 

  • Like 2

Share this post


Link to post
Share on other sites
5 minutes ago, JustAnotherHun said:

The only possible plan B would be to buy that insurance <deleted> or leave the country.

Or buy an Elite Visa and enjoy airport transfers in BMW 7 for just 500k - as long as they don't extend their b.s. to that kind of visa too. 

And why would they not include the elite visa in needing insurance too? The elite visa holders are well off and can afford to buy a rip-off health insurance policy...

Thats what I call some low hanging fruit just waiting to pad some ones pocket.. 

  • Like 1
  • Thanks 1
  • Sad 2

Share this post


Link to post
Share on other sites
2 minutes ago, fforest1 said:

 at age 83 the annual premium would be 380.000 THB for a 400.000 THB max coverage

 

So as you get older it would be possible to be paying more for the premium than you could receive in coverage....If I am understanding this correctly.....

Probably the thai insurer wouldn't dare to make the annual premium bigger than the coverage it provides (but this is Thailand, so might be possible after all).  But an annual premium of 380.000 THB for a max coverage of 400.000 is already ridiculous enough!

  • Like 1

Share this post


Link to post
Share on other sites

I understand that the used of an "agent" overcomes the compulsory Insurance requirement, in much the same way it nullifies the financial ones....

  • Like 1
  • Confused 2
  • Sad 2

Share this post


Link to post
Share on other sites
12 minutes ago, Peter Denis said:
8 minutes ago, fforest1 said:

 at age 83 the annual premium would be 380.000 THB for a 400.000 THB max coverage

 

So as you get older it would be possible to be paying more for the premium than you could receive in coverage....If I am understanding this correctly.....

 

12 minutes ago, Peter Denis said:

Probably the thai insurer wouldn't dare to make the annual premium bigger than the coverage it provides (but this is Thailand, so might be possible after all).  But an annual premium of 380.000 THB for a max coverage of 400.000 is already ridiculous enough!

Should such a scenario come about and given that I live to that ripe old age, it will leave my wife and I just 20,000 Baht per month to live on. A daunting prospect.

 

But I'm not going to worry about it. I very much doubt that it will come to pass and if it did, us old-timers will be 'grandfathered' out of it.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...