Private Mexican health insurance: Ample coverage at affordable cost

(Photo: Google)

According to the Huffington Post, several countries feature private insurance services with wider coverage for lower cost than insurance enterprises in USA. Here, TYT brings you the review about Mexico’s insurance services…. 

“When I moved to Mexico, one piece of emotional baggage I left behind in the U.S. was worry over the cost of healthcare,” says International Living Mexico Editor Glynna Prentice.

(Photo: Google)

Though private healthcare in Mexico is a fraction of the U.S. cost, expats depending on it generally get private insurance to cover emergencies and costly procedures. GNP Seguros is Mexico’s largest private health insurer. Several other companies operate in Mexico, as well, including Bupa Mexico, a subsidiary of the U.K. giant Bupa Global.

Premiums vary, depending on your age, the coverage you choose, and your deductible. But expect to pay on average anywhere from about $1,000 to $3,000 a year for a policy. You can even get international coverage for emergencies as part of your policy, or as a rider to it. If you expect to travel frequently outside Mexico, or to visit family back in the U.S. or Canada, it’s worth asking about this.

You’ll need to show that you’re a resident of Mexico to get an insurance policy there. Insurers will want to see proof that you live there, such as a utility bill in your name. They may even ask to see a residence visa.

“In Mexico, I have access to two affordable healthcare systems: public and private,” Glynna says. “While folks in the U.S. can legitimately worry that an unexpected, costly illness can deplete their nest egg, I don’t. Like other expats in Mexico, I can budget for healthcare: It’s a manageable expense.”

And the quality of care is excellent, with wonderful individual doctors and specialists, many top-notch hospitals, and cutting-edge technology. Many doctors in the private system have done part of their studies abroad, in the U.S., Canada, or Europe. Doctors’ visits usually run from about $30 a visit up to $45 or $50 for many specialists.

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