That's what I'm seeing, Yorky. But I'm also seeing this: "
"Health insurance requirement is a recent addition prompted by a growing amount of debt left by foreign travellers at Thai medical facilities. The health insurance coverage requirement ensures that foreigners can foot their medical bills without distress. The government now requires those travelling on retirement visas to have:
Outpatient cover of THB 40,000 at minimum
Inpatient cover of THB 400,000 at minimum
This cover may be taken from an accredited insurer, be it local or from overseas, as long as their coverage will cater to your needs while in Thailand. The government however recommends choosing a policy that accommodates upfront payment rather than reimbursement."
Has anyone had this required of them? In my recent arguments with BOI over the 10 year visa, they would not budge on the health insurance issue. And they don't accept my argument that I'm covered by Medicare USA, which is somewhat accurate, as it covers emergency care abroad only.
I really dislike this trend, as in my case, any such medical coverage premiums are a total waste, as I'm well covered in USA and can just pay as I go in Thailand and go back to USA for major issues.
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And an insurance industry 'scheme' it is indeed.
I just read that it is supposedly allowed to verify a ฿65,000/month income instead of having to have the 800,000 deposit. I could arrange that, as I transfer more than that over each year anyway, and could just set it up to be smaller amounts monthly. Does anyone on the forum get their annual retirement visa renewed under that qualification?