HEALTH INSURANCE
Finding the right health insurance is one of the most important things you will have to do when you move to Panama. We work with a trusted, licensed insurance broker to find you the best options available for your situation. Feel free to send us an email at healthinsurance@expathealthservices.com, so that we can get started on your quote today.
Below are some FAQ’s to help you get started
Is there an age limit for an urgent care/medical emergency only policy? Are there any options available for this type of policy with no age limits?
The available urgent care insurance policy has an age limit of 60 years old. There are no options that do not have an age limit for new policies.
Can you get a policy that will cover preventative "wellness" exams not prescribed by a doctor?
Yes, many coverage plans include preventive exams by either covering a percentage of the cost, or covering a pre-established dollar amount.
Do any insurance companies cover preexisting conditions with a waiting period before. For example, not covered for 2 years, then covered at 50%
If the pre-existing condition is current (like Diabetes, High Blood Pressure, etc.), no insurance company will cover those conditions. They will approve the overall coverage but exclude any coverage that involves the pre-existing condition. If the person had some type of condition, which they no longer have (kidney stones for example), they do consider waiting periods. This can only be determined once the Insurance Company receives the application, and their medical team evaluates each case. In cases like these, they ask for the medical report of when that condition occurred. If it was many years ago, and there is no way the customer can get a copy of this report, they have been known to make exceptions and waive this requirement.
Do the policy limits renew every year? for example, if I’m hospitalized and exhaust $500,000 of the $1M coverage limit then will that reset to $1M at renewal or stay at $500,000?
Yes, the policy limit resets every year at renewal. So when the policy renews the limit will be $1M again.