villageidiotY2K Posted February 18, 2021 Share Posted February 18, 2021 (edited) Hi peeps, i watched some dude explaing about health insurance in thailand on youtube. He mentioned that, due to thai law, if one is insured for over 2 years, the insurance company can't omit the treated conditions from the policy. I checked my policy and I had it for over 2 years and it says the coverage for that treatment will be omitted once covered once. <<<< Profane and offensive comments using ALL CAPS have been removed >>>> Please kindly share your experiences, thank you in advanmce. Edited February 18, 2021 by metisdead Removed profane and offensive comments using ALL CAPS Link to comment Share on other sites More sharing options...
metisdead Posted February 18, 2021 Share Posted February 18, 2021 Moving to the Insurance forum. Link to comment Share on other sites More sharing options...
villageidiotY2K Posted February 20, 2021 Author Share Posted February 20, 2021 Ummm everyone here uses the public healthcare system or not!? Jeeesus Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted February 20, 2021 Share Posted February 20, 2021 (edited) It looks like the pages you posted refer to the initial waiting period for a number of diseases. Most insurers will put waiting periods on cover for certain diseases to prevent people from taking out a policy when they suspect or know they have a disease. It is the waiting period that is waived for these diseases when the policy is renewed. This does not mean that an insurer can't put a limit on how much or how often they will cover a disease or condition. Bear in mind that an insurer can non-renew a policy at any time, or simply jack up premiums, so with commercial insurance there is never a guarantee of continued, full, affordable, coverage. Edited February 20, 2021 by Etaoin Shrdlu Punctuation. Link to comment Share on other sites More sharing options...
villageidiotY2K Posted February 21, 2021 Author Share Posted February 21, 2021 pls check the highlight krab Link to comment Share on other sites More sharing options...
Peter Denis Posted February 21, 2021 Share Posted February 21, 2021 18 hours ago, Etaoin Shrdlu said: ... Bear in mind that an insurer can non-renew a policy at any time, or simply jack up premiums, so with commercial insurance there is never a guarantee of continued, full, affordable, coverage. That is probably true in Thailand, and to a lesser degree in USA. But in most European countries insurance is strictly regulated - as it is in the public interest - and such shenanigans would not be allowed. Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted February 21, 2021 Share Posted February 21, 2021 2 hours ago, Peter Denis said: That is probably true in Thailand, and to a lesser degree in USA. But in most European countries insurance is strictly regulated - as it is in the public interest - and such shenanigans would not be allowed. Yes, I should have qualified this to refer to Thailand. Other markets often have better protections for policyholders. I don't think there is any regulatory bar to non-renewal or substantial premium increases here. The US is a patchwork of regulation as it is done at the state level, so some states may have relatively good protections and others not. 1 Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted February 21, 2021 Share Posted February 21, 2021 8 hours ago, villageidiotY2K said: pls check the highlight krab The policy has sub-limits for groups of diseases, but the pages posted don't seem to state whether these are annual or lifetime limits. If they are annual limits, they could get reinstated at renewal, but I suspect they are lifetime limits as that is how I think most medical insurance policies work. You should be able to find somewhere in the policy whether these are annual or lifetime limits. I don't think there is any Thai regulation prohibiting the use of lifetime limits and I also don't think that exhausting a lifetime limit is the same thing as having an element of coverage removed, but you should ask a good local insurance broker about this. Link to comment Share on other sites More sharing options...
sanuk711 Posted February 21, 2021 Share Posted February 21, 2021 Link to comment Share on other sites More sharing options...
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now