Wrapping up the half-day process of securing medial and health insurance in Thailand, I am eligible for Thai based insurance based on having a work permit. Cobra coverage in the USA would have cost me $692 per month- a year’s worth of coverage in Thailand with benefits matching over 96% of the USA policy costs $1,158. Yes, $8,304 or $1,158. And the coverage in Thailand includes full care for the major medical illnesses, like cancer; adding coverage for the major medical illnesses cost $45 for the year.
I had to pay a $90 upcharge fee for being America, still not exactly sure why but something to do with American insurers.
My Thai insurance policy is with a major, multi-national company; my agent picked me up, drove me to hospital for all tests and gave me a fan (as in the electric kind) as a gift- I guess they were out of toasters.
While I’m glad to have the insurance, the cost disparity between the US insurance and Thai insurance is depressing. Why is my country not able to solve the cost of health insurance issue? Or at least offer health insurance at a cost similar to what I paid today to lower income families?
Yes, yes, I know there has been a big outcry and the problem might be somewhat fixed by recent events. But, shame on me and my country for letting this happen and accepting bloated medical systems and exorbitant charges in the first place.