Really good and detailed video. Just want to add one thing. I think the pro of Public Insurance which was The cost is dependent in Income can become actually a con specially when you retire and if the person has big income for ex from Rental Income then at that point of time Private is really good. So happy to watch this detailed video
Hi Abhishek, your videos are also good! thanks to Vanakkam and you for producing great videos. One question: why would private insurance be better for retired people when you have other sources of income such as rental income?
Hello, great video! Very informative. I have a question tough: when switching to private, as a relatively young & healthy person, the total amount for the health insurance drops quiet a lot but from some online brutto-netto calculators I see that at the same time the Lohnsteuer is way greater for privately insured people. All in all my netto would increase a little, but not that much, to be honest. 1) Why a greater Lohnsteuer? Is this correct? 2) If the above is true, will this greater Lohnsteuer amount be "refundable" (at least partially) when doing the tax return? Thanks!
Thank you for the comment and Your understanding is completely correct ✅ When you save some money, obviously this would lead to taxes and that’s y you see a difference in income, moreover the no claim bonus which you receive at end of year is also taxable.
@@VanakkamGermany So, when I submit my tax return I cannot expect any refund? Does this mean that the Lohnsteuer is expected to be greater compared to the one with public health insurance? Does this mean that the lohnsteuer is calculated on the amount that comes out from Brutto - Reteriment Contribution - Krankenkasse?
Depends on your state, premiums will be increased with preexisting conditions ( but it will be insured provided you inform while signing the contract) You can book a slot using the link for more infos www.calendly.com/vanakkamgermany
Hi, We are a family of 4. Couple with 2 kids. I am in my 40s and the only earner. My salary is 80k. Which insurance should i go for?. Private or Public considering, the facts that i want to save some money and would like to pay less premium. Also, will the type of insurance affect my income tax return every year?. Please advise. Thankyou.
Hello... Thank you for this informative video. A video on CoC(certificate of Coverage), House insurance and Lawyer Insurance for expats would be really helpfull.
As i Said private is not beneficial for everyone. In my case I am the only earner and we are a family of 4, this is not economical. I don’t recommend anyone to go private in such scenarios. If both the persons are working then it makes sense. I give this reply to people who plan to shift private
How is the situation after retirement? Do people from public insurance pay only half of the insurance premium after retirement , the rest being paid by the Krakenkasse? Does this also apply for private insurance?
Insured persons who have taken out a 'contribution relief tariff' (Beitragsentlastungstarif ) for old-age provision pay a lower contribution from the age agreed in the conditions.
Hallo is ur friend Please can u please Tell me what to do l got burn since the begining of this year l am paying life insurance with my family every month ,l spend money on my Hand I they told me they will get back to me Nest year What should l do ? Should l wait or what l need advise please Thanks for ur respond.
![Private or Public Health Insurance in Germany [Which One To Choose?]](http://i.ytimg.com/vi/M4WyXxSoe1I/mqdefault.jpg)
![[UNCUT] The Loyal Pin ปิ่นภักดิ์ EP.6 (1/4)](http://i.ytimg.com/vi/m05kZ2GDKXg/mqdefault.jpg)
Really good and detailed video.
Just want to add one thing.
I think the pro of Public Insurance which was The cost is dependent in Income can become actually a con specially when you retire and if the person has big income for ex from Rental Income then at that point of time Private is really good.
So happy to watch this detailed video
very nice point Abhi, I should have mentioned this aspect in the video.
Thats a good Point. But do you have some numbers in Mind?
as usual, Krankenversicherung contribution (9,3%) as per 2022
@@VanakkamGermany and @Abhishek Das Thakur. big Fan of both of you. Doing a great job for the community. keep it up.
Hi Abhishek, your videos are also good! thanks to Vanakkam and you for producing great videos. One question: why would private insurance be better for retired people when you have other sources of income such as rental income?
I'm using public insurance.. my salary is above 80k but still I'm paying 770 eur per month..
Kindly include the pflege Versicherung while summing it, because that’s also a part of whole health insurance
Hello, great video! Very informative.
I have a question tough: when switching to private, as a relatively young & healthy person, the total amount for the health insurance drops quiet a lot but from some online brutto-netto calculators I see that at the same time the Lohnsteuer is way greater for privately insured people. All in all my netto would increase a little, but not that much, to be honest.
1) Why a greater Lohnsteuer? Is this correct?
2) If the above is true, will this greater Lohnsteuer amount be "refundable" (at least partially) when doing the tax return?
Thanks!
Thank you for the comment and Your understanding is completely correct ✅
When you save some money, obviously this would lead to taxes and that’s y you see a difference in income, moreover the no claim bonus which you receive at end of year is also taxable.
@@VanakkamGermany So, when I submit my tax return I cannot expect any refund? Does this mean that the Lohnsteuer is expected to be greater compared to the one with public health insurance?
Does this mean that the lohnsteuer is calculated on the amount that comes out from Brutto - Reteriment Contribution - Krankenkasse?
As usual, high quality content
Glad you love the content and our videos. Thank you
So I think private health insurance is better, but I have pre-existing conditions?
Depends on your state, premiums will be increased with preexisting conditions ( but it will be insured provided you inform while signing the contract)
You can book a slot using the link for more infos www.calendly.com/vanakkamgermany
Hi, We are a family of 4. Couple with 2 kids. I am in my 40s and the only earner. My salary is 80k. Which insurance should i go for?. Private or Public considering, the facts that i want to save some money and would like to pay less premium. Also, will the type of insurance affect my income tax return every year?. Please advise. Thankyou.
I would recommend strictly to stay with public insurance (according to your scenario, because you are the only bread earner)
@@VanakkamGermany Thankyou for quick response. Will I get My income tax return every year?.
@kharb2915 you have to submit your tax declaration to get part of the income tax back
Hello...
Thank you for this informative video. A video on CoC(certificate of Coverage), House insurance and Lawyer Insurance for expats would be really helpfull.
6 must-have Important Insurances in Germany | Liability, Legal, Household | English | PART 1
th-cam.com/video/OQA8Bi9L5S0/w-d-xo.html
So I am not married right now and I guess going for private can be a good option. But then under normal circumstances I can not go back to public?
Unless you fulfill certain conditions, you cannot shift to public.
Which health insurance is good for the Job Seeker Visa?
For type 1 diabetic which is good ?
Hello
How come you are promoting the private insurance but your wife hold public insurance?
Is this some like of marketing where u work for?
As i Said private is not beneficial for everyone. In my case I am the only earner and we are a family of 4, this is not economical. I don’t recommend anyone to go private in such scenarios. If both the persons are working then it makes sense. I give this reply to people who plan to shift private
How is the situation after retirement? Do people from public insurance pay only half of the insurance premium after retirement , the rest being paid by the Krakenkasse? Does this also apply for private insurance?
Insured persons who have taken out a 'contribution relief tariff' (Beitragsentlastungstarif ) for old-age provision pay a lower contribution from the age agreed in the conditions.
@@VanakkamGermany Thanks ..Does it apply for both private and public insurance?
It works differently in public
😌👍
Hallo is ur friend
Please can u please Tell me what to do l got burn since the begining of this year l am paying life insurance with my family every month ,l spend money on my Hand
I they told me they will get back to me Nest year
What should l do ? Should l wait or what l need advise please
Thanks for ur respond.