One big misconception is that once you reach the age of 65, or older, Health Insurance is no longer available. This is not true. Many website will tell you this. but you need to know the limitations.
Accident Insurance: If you cannot qualify for Health Insurance, you might want to consider "Bangkok Bank Accident Insurance". Most of the major banks have Accident Insurance, but Bangkok Bank has the best plans. They have 5 plans. The most expensive one is 7000 Baht a year and it covers all types of accidents. They will insure you up to 100 years old. You can go to any Branch to sign up for it. For more info CLICK HERE
Another option is SOS. They can arrange Health coverage for persons up to the age of 75. For information: Call 0857 05 27 40 For their Website: CLICK HERE
Below you will find a short brief for BUPA, Thai Health, AIA and LMG
If you sign up for insurance by age 65 , they will insure you up to age 70 as long as you make your premium payment on time.
If you sign up for insurance by age 60 , they will insure you for the rest of your life as long as you make your premium payment on time
Premiums are paid, in full, one (1) year in advance. They have five (5) different plans. Before deciding on which plan I would take, I did a lot of research on the internet for: Cost of seeing a Doctor; Cost of a Hospital stay; Cost of Medicine; etc. I decided on the "Ruby Plan". It cost me about $848 for 1 year.
Here's what I did: My birthday is in May. I wasn't moving to Thailand until August. My original plan was to obtain Medical Insurance after I arrived in Thailand. But by then I would be over 65. I came to Thailand, for vacation, in April (one month before my birthday). While on vacation, I signed up for Insurance with BUPA. So actually, I was covered with insurance four (4) months before moving to Thailand.
There are three (3) americans (two from Hawaii) living in the same complex as myself. Two have been retired in Thailand for about 1 year. Both arrived in Thailand about 2 - 3 months before age 65. They did not know about the above until I told them. They do not have health insurance now.
To see their various plans and rate charte CLICK HERE
For more information on BUPA, contact Apiradee Chainutnirat: firstname.lastname@example.org She is fluent in English and gives you great service (No, I do not get a commission).
Thai Health Insurance Company Limited is one of leading health insurance providers with second largest market share in Thailand. The Company is a specialist in health insurance industry with 27 years operating experience and strong financial status.
I've been told that the executive's of Thai Health used to work for BUPA.
* Eligible to apply for the first year coverage from 15 days up to 65 years of age, renewable up to 80 years of age for IPD and up to 70 years of age for OPD.
* IPD coverage must be purchased first in order to be able to purchase OPD coverage, in case of purchase OPD as optional, OPD premium will be added to IPD premium.
This is the company that many Thai people use, AIA (American Insurance Association) However, this company specializes in health insurance/life assurance/sick pay/saving plans all rolled up into one convenient bundle.
As a retiree, you probable wouldn't go with this plan. It's geared mainly for groups. If you were here on a WORK VISA your employer might be offering this plan. If you sign up before age 60, they will insure you up to age 75.
As you would expect, the premiums can be a little more costly than your run-of-the-mill health insurance coverage.