Posts

Showing posts with the label self-insurance

Health Insurance Required for Older Expats in Thailand

Image
Making Sure Only Financially Secure Expats Retire in Thailand? In a recent news paper article , Thai officials announced new rules governing health insurance for expats staying for extended periods of time, including retirees. Health insurance has been made mandatory for foreigners aged 50 years and above seeking long-term stay in Thailand. The insurance policy must offer up to Bt40,000 coverage for outpatient treatment and up to Bt400,000 for inpatient treatment.  This is one of the measures the government has introduced to ease the financial burden placed on state hospitals by foreigners, many of whom have not paid for treatment.  “The Cabinet has already approved the new rule,” Health Service Support Department director-general Nattawuth Prasert-siripong revealed yesterday.   According to Nattawuth, the new rule applies to both new applicants for the non-immigrant visa (O-A), which offers a stay of up to one year, and those wishing to renew their visa. Each