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Kreole

Medical Insurance in the RP

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sperry

The self insurance option means simply that you would pay all your medical bills out of a medical savings account with no expectation of reimbursement. Costs are low here, and your $25,000 would cover anything except cancer. It would normally be enough to cover even a heart attack. You could do this by having a high limit credit card and using it. Pay it at your leisure. For your friend, I would recommend you pay for her to enroll in Phil Health. http://www.philhealt...alt=':link:' /> It is quite inexpensive and covers most illnesses. Downside is there is a 9 month wait after she joins before they pay anything. To me, it's premiums are a real bargain for the coverage provided.

 

well if you take your 25k, and buy preferred paying 8% you could buy pretty good medical cover with the interest and never touch your capital

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billy

What proffered is paying 8%?

 

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billy

Preffered

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PapaRay
I'm not sure how OBAMAcare works

 

Hey they don't even know how it works!!!! I'm in the same boat as u. Guess we will find out soon

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CardiacKid

Best advice for anyone wondering about OCare affecting those of us in the Philippines is to call the IRS at the Embassy in Manila. Then, call the IRS in the U.S. and see if the answers are the same without revealing that you have talked to the IRS in Manila. If possible, get a letter or reference from them you can use when they try to screw you later. But, then, what the hell, it's only 1200 dollars. Hardly worth the trouble asking.

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