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Over Age 70

Discussion in 'Expat Section' started by Third_Times_A_Charm, Oct 19, 2020.

  1. Happy Camper

    Happy Camper DI Senior Member Restricted Account Infamous Showcase Reviewer

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    That is what I would like to see with health insurance. You can buy life insurance, car insurance, home owners insurance and renters insurance in most countries and tailor it to your personal needs and even transfer from area to area in a country. Why can't we do this with health insurance? The needs of a young healthy person would vary greatly from other age groups and those that are single versus those that have families. What is so hard with that concept that health insurers and government legislators seem to be the only ones that don't get it? Imagine a government coming out mandating that you have a $50 deductible only on your car insurance, or mandating that every homer owner possess flood insurance?
     
  2. john boy

    john boy DI Forum Patron

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    Health Insurance....Known fact that private medical Insurance cover works this way. The older you get the more you pay.
    My sister and her husband had private medical insurance most of their business life here in UK ( Bupa ), when they retired the yearly fees started going up and up.
    Till when it hit £3000 a year they decided enough is enough and now rely on the good old National Health Service. I wish I had the money they spent over the years. LOL.
     
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  3. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    I did the same thing - and as soon as a claim is made they find you had neo-natal jaundice 70 years ago and dismiss the claim (Source?: I made it up as an example).
     
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