All members of the family, yourself and your dependents will be covered on the same plan with the same chosen excess and co-pay. An age-rated premium applies for each insured member
A pre-existing condition means any disease, illness or injury for which have had received medication, advice or treatment, you are still currently taking medication, or which you have experienced symptoms, whether the condition has been diagnosed or not, at any time before the date on which your medical Insurance policy starts It is the discretion of the Insurance company, whether your pre-existing Medical Conditions will be accepted or not, which had been declared on your new application form. Should you switch insurers, it is most likely that new insurance company may exclude any conditions you have had treated whilst with the previous insurer. On occasions, the Underwriters of the various Insurance companies may issue either a partial (Moratorium) exclusion/s, total exclusion/s or, propose an additional premium to waive exclusion/s. NB: All new applications need to declare their pre-existing conditions.
Depending upon your entry age and the Insurance Company chosen, you may require to have a medical examination. This is normally applied to the more senior applicants of 60 yrs and older. In most cases, you only need to complete a medical questionnaire. It is not to your benefit by hiding any medical information as it can can cause you more harm than good. Should the insurance company find this out, they can either cancel your policy outright or deny paying any claims.
All insurance companies require you to complete a medical questionnaire. Providing detailed information about an existing or past medical condition will help the Insurance company to evaluate treatment you may require in the future. This will help to ensure that you do not find yourself with unnecessary restrictions. Should have any confusion when completing the application form do not hesitate to contact us.
Most of the plans we offer fall into three categories of geographical coverage: Worldwide Including the USA, Canada and the Caribbean, Worldwide excluding the USA ,Canada and the Caribbean . Local or Regionalised plans eg SE Asia ( Thailand, Cambodia, Laos, Philippines, Vietnam, & Myannmar) The Worldwide plans tend to around 50% more expensive than the excluding USA plans, and this is because of the expensive costs for treatments and medicines in the USA and neighboring areas. Most clients opt for the Worldwide excluding North America (USA and Canada) areas of coverage. There some companies whom provide more regionalized / localized plans eg SE Asia only, which exclude worldwide coverage. To find out which plan is best suited to your needs, speak to one of our advisors
Almost anyone can purchase a Medical / Health Insurance policy. Some of the insurance companies that we work with, provide cover for local nationals.
For individuals the minimum entry age is 2 weeks of age ( new borns) and pending upon with which Insurance company you select, the average maximum entry age is 65 yrs.
This varies from person to person, your age, health condition and of course your budget. Should you wish to cover for emergency cases only, we would suggest the minimum basic cover of eg 1 Million Bht. Lower levels of cover are available, although in good practice, this is frowned upon. Hospitals have different charges and this could be insufficient depending upon the treatment that you require. Some people would like to have “all the bells and whistles”. Should it be dependent on your budget, speak to one of our staff to assist you further. It is always easier to downgrade your level of cover than what it is to upgrade.
Premiums are payable annually in advance, by bank transfer or credit card. Some Insurance companies will, for an additional charge, allow for either bi- annual or quarterly premium payments. There are not many companies in Thailand that provide monthly premium payments
Your Health Insurance policy and premium is based on the following : Which Insurance company you select Your age your plan selection area of coverage and, whether you opt to have either a co-payment and, or a deductible ( Excess) . Should you wish to reduce the Health Insurance premium, pending upon the Insurance Company and the level of cover selected, you can opt for one of the following: Deductible / Excess: This is the elected amount of money that you agree to pay for your medical treatment before the Insurance company settles the medical Bill. This can be either applied as per claim or per year basis, depending on the selected Insurance company. Eg You have a bill of B150,000 and an excess of B40,000 on your policy. You would pay first B40,000 of this cost and the Insurance company would cover the remaining B110,000. Co-payments: With a co-payment, the insurance company agrees to pay for a service but you must cover a pre-set cost, eg 500 Bht. This cost applies every time you schedule a service that has an assigned co-pay. Co-pays can be lower or higher depending on the plan or according to the service provided. Speaking with one of our staff, we will work with you to find the best solution to your needs