COVID Insurance Now Required for All Retirees in Thailand

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we're discussing the notion that covets insurance might soon be required for all retirees in Thailand as we've noted in prior videos on this channel presently those who are entering Thailand have to obtain Coba 19 insurance in order to come into Thailand however up to now it hasn't really even been talked about that Kova 19 insurance would be required for those folks who are in Thailand at present and I've done another video contemporaneously with this one where we're discussing this in a more broad context but with respect to retirees, i think it's looking like coven 19 insurance probably will will be required for all retirees in thailand now i want to be clear at the outset of this video this is not broad insurance this is not the 400 000 baht inpatient 40 000 baht outpatient that's been required up to now since October 2019 for oa visas so we're not talking about that we're talking about separate insurance which is covid specific okay so recent article from the nation the nation nation thailand.com article is titled new rules to support covet health insurance for long-stay ex-pats and as I discussed in another video, i did on this there seems to be a lot of conflation in the media at least presently that's what it appears to me that this coven 19 requirement is going to apply to all non-immigrants as of yet i haven't we haven't actually seen this this law enacted we haven't seen any any regulations promulgated yet so it remains to be seen exactly how this looks yet so let's start from there however and i've done the analysis in my prior video this is this does look like the main thrust of this policy is aimed at the retirees the long-staying expat retirees so that's the reason for this video but understand this we're not talking about mandatory insurance across the board we're simply talking about covid specific insurance which these these are two different policy types quoting directly the cabinet on tuesday approved in principle again in principle new rules to support health insurance for long-stay foreigners under the non-immigrant quote o dash a unquote visa according directly the old rules required purchasing thai health insurance through the website longstay.tgia.org which has suffered operating problems the new rules offer a lifeline for expats over the age of 70 who cannot purchase insurance in thailand and thus face having their applications for extension of stay rejected the new rules were set as follows first visa application must include health insurance or government welfare with minimum coverage of a hundred thousand dollars or three million baht for medical expenses and treatment of coven 19 and then and this is probably key for most folks here in thailand applications for extension of stay can use health insurance from abroad or government welfare from abroad this must be certified by relevant government agency so and they're talking about embassies or foreign ministries finally if an insurer refuses coverage due to health risks visa applicants must submit additional documents including the letter of refusal plus securities deposits and other health insurance accounting for at least 3 million baht and they go on to say  hat time a great the immigration bureau deals with immigration here in thailand and foreign ministry deals with things abroad so that is currently what we are looking at in my opinion it does look like old from what i'm reading and again they've said and i can't restate this enough this has been approved in principle quoting directly from this article and the other articles i've read on this the other things i've researched on this this is yet to be fully finalized so the finer points of this have yet to be spelled out i'm sure there's going to be a lot of consternation amongst the expat community about this as i've talked about in my prior video on this i do not necessarily think this is going to apply broadly to all non-immigrant visas and i go into my reasoning for that in that video but i do and this is unfortunate for retirees i think i do think that yes retirees are going to probably ultimately be broadly affected by this this change in policy now again the exact policy parameters or the exact parameters of regulations remain to be seen so we will keep you updated on this Site as the situation progresses.

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