I am moving to Panama and will be 64 in Jan.'08.?

Question

I am now paying under COBRA but the premium is about $450.00 per month and if I can cut the cost, I would switch to an insurer in Panama. The present co. is an independent licensee of B@C. Please contact me at [e-mail]. This is directed to Ursula ; [e-mail]

Answer 1

I would recommend you try Blue Cross Blue Shield and Marsh, as I know they have representatives here in Panama.

Answer 2

Private health insurance is available and much less expensive than insurance in the United States because 1) doctors' fees and hospital visits are much cheaper; 2) malpractice insurance is very low, because the laws do not allow for frivolous lawsuits; and 3) the median income is around $300 a month, so health care cannot be expensive or no one would use it.

Many Panamanian doctors are U.S.-trained, and the standards at the top hospitals compare favorably to those in the United States.

Check out this page for more on Panama:

http://www.internationalliving.com/count...