My cheap advice. Be healthy and be positive about retirement in Philippines. Get your yearly general check up in States or in Canada. Have an exit plan for emergency health issues. Don't get stuck in the Philippines if your sick.
I think the yearly check up in the Philippines is fine for now. I am still working here in the US but when I visit the Philippines I asked doctors there to do a general check up. Same cost here even with the insurance plus you get better service. People there are more caring
health insurance here in The Philippines is hit or miss, I just made a video about it. cash is king here, because the insurances rarely cover entire costs and if you don’t have the cash sometimes they wont even take care of you
This is so true. My friend's father died because they did not have cash on hand for downpayment at the hospital and they would not take her credit card info. it was so sad.
@@friedapplepie1872 yea they need to do better with that. It certainly depends on the place and the doctor, but come on they shouldn't put money over people
@@official_ate_gi_channel i heard from a husband’s niece who works at Blueshield Blue Cross, She said St Luke’s and i think the other one is Asian Hospital.
since when did Medicare is acceptable outside US po? As far as I know, per medicare, it doesnt apply if outside US… unless that’s changed very recently… thank you po..
No matter what Insurance you choose just be careful because once you already confine dame ng mga charges minsan kahit di nila ginawa ang procedures meron naka charge so please read the bills at isulat lahat ang mga tinutusok sa Inyo pati mga ekg, ecg etc. so just be very careful
saving this for future reference. thank you so much ate G! this is one of my main concerns and the top source of my anxiety in planning for an early retirement in the Philippines.
We're lucky cuz all immediate family on both sides are in the US. Left Pinas when I was 15 yrs old. Been here for 58 years. We still visit Pinas every 3 or 4 years for vacation but not to retire.
Even without health insurance, I think the hospitalization in the Philippines is still a lot cheaper than in the US. My brother was hospitalized at the Lung Center in QC for more than 2 weeks and his payment upon his discharge came out to only about 100,000 pesos (private room) This is the total with SC and PhilHealth discounts. I went to an EENT and their fee was 1000 pesos and with SC discount, I just paid 750 pesos. So, just set aside extra money when you are there just in case you get hospitalized. It is cheaper than paying some insurance company. Also, Medicare will cover if it is an Emergency. Pay your bill first and Medicare will reimburse you.
Totoo yang sinabi niyo. Malayo pa ako sa retirement, iniisip ko na mas gusto ko umuwi sa Pinas pag panahon para mag retire. The best nga yung mag stock member, pero specific lang na mahospitalize ka most likely dun sa hospital na may stock ka. Kaya dapat dun ka din malapit nakatira in case of emergency. Marami na bang mga hospital sa Pinas na may stock option? Hopefully you can make a video about hospitals with stock options.
As I know stock options are for practising doctors. But for public, the Securities and Exchange Commission stopped one hospital from soliciting from public, stock membership without SEC-registration.
i appreciate the detailed research on costs. mas maigi na gamitan ng ibang criteria like in real life, how well do these insurance companies process claims.kasi all look good on paper. but kahit sa US, maraming horror stories pagdating sa bayad ng claims. also compared to other western countries, US does not have univ healthcare and is profit driven. if you're indigent then it is free but if no, then it is expensive. my sense is dealing with health insurance cos. in pinas is going to be more challenging compared to US and you have to be prepared to pay out of pocket. that is the trade off for attempting to have a robust quality of life in your remaining years. aanhin naman if relatively healthy but without a sense of community and fulfillment. that is not living. so be proactive in your diet and exercise and things within your control but ultimately take calculated risks in health arrangements. nothing is ever guaranteed anyway. think of many expats doing well there, walang roots, iba walang local spouse and on a budget and okay naman. have faith.
Great info for those who need it! This was one of our biggest concerns as we plan to retire in PI for good in 4 years. Fortunately for my wife & I, I'm retired USAF & can use TRICARE Overseas Program with preferred/certified providers in PI. Our co-pay if it doesn't change is currently at 25% & our annual cost currently stands at $726.00/year.
The problem with health insurance in the Philippines is as you aged only few companies will cover you & if they do, the premium is sky high with limited coverage. As you aged you need medical insurance more cuz you'll have more health issues. The best medical knowledge, most up to date treatment & newly FDA approved medication are not available in Philippines.
As a seasoned FILAM finally embracing my Filipino roots & researching pre-retiring data such as health insurance in PH - this content is 100% of the data options I was looking for - I even forwarded to my family/friends. I'm glad I stumbled across your channel & will be checking out the rest of your videos. Salamat Ate Gi 🙂
Due to insurance fraud, you still have to come up with cash up front, then claim after the services were rendered. This could take time due to documentation requirements. Make sure you have a lot of cash to cover your hospital bills because the insurance will not pay up front. Especially, when your provider is overseas.
I also researched that Life insurance with living benefits can be useful in the Philippines. If you are not able to do the 5 daily activities, they can provide you monthly cash benefits based on your coverage. It covered chronic conditions, cancer, or any injuries that cause for you not to do the 5 daily living. Also, if you have flex spending account from fidelity you can use this as well for your medical expenses even if the clinical situation happened 4 yrs ago.
Hi Ate Gi. Just get an insurance in the U.S. that will cover you in the Phil. HealthNet is accepted at St. Luke's Hospitals and they will even do the pre-authorization for you. There is a special concierge service at St.Luke's that is reserved just for international insurance. Blue Shield will reimburse your medical expenses but you have to submit all the necessary documentation yourself. They reimbursed the full cost of my pacemaker replacement including hospitalization and professional fees. Kaiser will cover emergency care including hospitalization but you also need to submit the documentation yourself. I was covered fully when I was hospitalized for a bout of pneumonia. (This was before I switched from Kaiser to Blue Shield). Outpatient visits are cheaper than the co-pay in the U.S. Most physicians charge less than P1000 (about $20) per clinic visits. Remember, seniors have 20% discount for all medical services including medications, so most clinic visits will be less than P1000. It is the same for dental and vision care so I usually just pay in cash. Of course, this all depends on where you plan to live in the Phil. I recommend that you get long term care insurance. Mine, with John Hancock, will cover for a caregiver and a home nurse since I prefer to remain at home in case I become bed-ridden. Reading the book "Being Mortal" by Dr. Atul Gawande helped me make the decision to continue my retirement in the Phil. since it helped me plan for what can happen healthwise as I gets older. I'm an 82 yr. old M.D. who spent almost 50 yrs. training, practicing and teaching in the U.S. (in N.Y. and the SF Bay area) and came back in 2016. I can truly say I'm enjoying my retirement life.
Hello! This is such good information! Thank you so much for taking the time to explain all of these. It gives us a sense of relief because we will have Blue Cross Blue Shield upon retirement. At first, we didn't know that we can be reimbursed by Blue Cross. But some viewers, like you, were so kind to inform us that international kiosks are now available at some Philippine hospitals to cater to international health insurance. Such a blessing! By the way, I also want to verify if John Hancock will cover long term care insurance in the Philippines. I'm assuming it will, because you are in the Philippines, but I just want to validate it. I love hearing that you are enjoying your retirement in our home country. Thank you for your valuable time sharing this info with me and my viewers. And thank you for watching.
@@official_ate_gi_channel I got my long term care insurance when I was still in my 60's. Before I left for the U.S. in 2016., I called John Hancock and consulted with an agent about coverage in the Phil. I was told that I could be covered for a caregiver and nursing care so I decided to continue with the insurance coverage and just cancelled the services I won't need in the Phil.l such as nursing home care thereby decreasing my monthly premium. I now pay $127/month which is automatically taken off my Wells Fargo account. I'm still pretty mobile and self-sufficient but if I want, my primary physician (a gerontologist) is willing to sign the papers so I could hire a caretaker anytime. By the way, my brother who retired from Florida also has Blue Cross and he has no problem getting reimbursed for his cardiac care and hospitalizations. I know that planning for retirement could be an anxiety laden process. It took me several years of going back and forth between the U.S. and the Phil before I finally decided to pull down the lever. It was all worth it because the best thing about retiring here in the Phil is, as a senior you get respect and priority anywhere you go and that makes you feel extra special unlike in the States where you are mostly ignored.
@@official_ate_gi_channel I got my long term care insurance with John Hancock when I was still in my 60's. Before I left for the Phil. in 2016, I contacted them and I was told my insurance would cover me for a caregiver and in home nursing care. I decided to continue with the insurance but cancelled services I won't need like nursing home coverage and others. I was able to decrease my monthly premiums and now I'm only paying $127/month which is automatically taken off my Wells Fargo account. I'm fortunate that I'm still pretty mobile and self-sufficient though my primary physician (a Gerontologist) said she will sign the papers for me to hire a caregiver anytime I want. By the way, my younger brother who retired from Florida also has Blue Cross/Blue Shield. He also had a pacemaker replaced and his cardiac care and hospitalizations have all been covered. Of course, with BC/BS you have to pay first and then you get full reimbursement. I remember for my pacemaker replacement with 2 days hospitalization at St.Luke's Global, I had to pre-pay about P80,000 including professional fees which were then fully reimbursed. Therefore, you still need to set aside some cash for emergency medical needs. I'm very satisfied with my healthcare here in the Phil. I'm surprised and impressed with the quality of technical know how and equipments the doctors are now using. I think they are on par with the hospitals in the U.S. For example, they are now doing routine femoral ablation for atrial fibrillation. I had to go to Stanford to have the procedure done since it was not available at Kaiser at that time. Of course there are some inconveniences you will likely encounter such as doctors being late for their appointments and a policy of first come first served in the waiting rooms but they are part of the adjustments one has to make if one decides to move back to the Phil. I found that changing my mind set helps me enjoy my retirement time more and appreciate what the Phil. has to offer. Best of all, being a senior here makes you feel extra special. You are given priority and respect anywhere you go unlike in the U.S. where seniors are mostly ignored.
I got my long term insurance with John Hancock when I was still in my 60's. Before I left for the Phil. in 2016, I contacted one of their agents and was told I would be covered for a home nurse and a caregiver anywhere I go in the Phil. I then cancelled the nursing home and other coverages which I won't need in the Phil. thereby cutting down my monthly premium. I now pay $125/month which is automatically taken off my Wells Fargo account. I'm fortunate to still be mobile (I still play golf occasionally) and still self sufficient though my primary physician (a Gerontologist at St. Luke's) said she will sign the papers for me to hire a caregiver any time I want. By the way, my younger brother who retired from Florida also has Blue Cross/Blue Shield and he didn't have any problems when his pacemaker was replaced. His cardiac care and hospitalization bills were all reimbursed. Of course, with BC/BS, you have to pay in advance. I remember when I had my pacemaker replaced, the hospitalization and professional fees came up to about P80,000 which I paid with a credit card. Needless to say, I'm quite satisfied with the medical care I'm getting. I'm impressed with how much technical advancement we have in our modern hospitals. Most doctors are equipped with the latest apparatus and instruments. I was surprised that they can do femoral ablation for atrial fibrillation almost like a routine procedure. I had to go to Stanford Hospital when I had mine done because Kaiser was still not doing it at that time. You're very smart in doing the research and preparation before coming back home to retire. It took me years of going back and forth between the U.S. and the Phil. before I finally pulled the lever down. It was all worthwhile. The best thing I found being retired here is that as a senior, I get respect and given priority anywhere I go. It makes me feel extra special! I don't think I felt it in the U.S. where seniors are almost forgotten and mostly ignored. @@official_ate_gi_channel
An eye opener for all, not just when one is about to retire, whether here or there because there is this wellness-illness continuum from the womb-to-tomb that partakes cost and expenses, then financial planning is one key to add in taking care of one’s health, be it in promoting health, preventing illness, treating a medical issue or concern, recuperating from hospitalization, or rehabilitating from a recent health challenges, on top of the possibility of getting hit, accidentally. Having a strong support system that are as equally as health conscious as all family members alike is highly encouraged. God bless for being so kind in sharing this video.
@@LCTalens1 We try to cover as much that we can cover to prepare for retirement. But we all know that we could not account for, like what you said, health outcomes. In that area, we can only trust God that he will take care of us. Thanks for watching!!
Thanks for this info - yes, it's true - health coverage is the biggest hindrance to folks in the US who want to retire. But there are options in the Philippines kung dual citizen ka.
Hi Ate Gi. I replied to your inquiry about the long term care insurance. I hope you saw it. I forgot to mention that as a senior (60+), every Filipino automatically qualifies for a senior card and Phil Health, free of charge. Even if you still reside in the U.S., you can get a senior card when you're here and you will get 20% in all eating places including McDonald's and Starbucks! If one has a medical disability, one can get a PWD (Persons With Disability) card which also entitles you to a 20% discount. Once you have a senior's card, you can get a Phil.Health card easily even without other documentations (it took me less than 15 mins to get one). If you are hospitalized, Phil Health discount is automatically deducted. I had a deduction when I had my cataracts extracted. For medications and groceries, you need to apply in the Barangay where you're residing to get a booklet to record the medicines and groceries you're buying. I hope this information helps.
Hello po! Yes..I read your 2nd comment. Salamat po. We're interested with J. Hancock's home care coverage. Tatawagan po namin sila. Sana naman hindi masyadong mahal na. Kami rin po, we trust the medical care sa atin cause we are based in Manila. Makati Med, St. Luke's BGC or Asian Hospital are all accessible to us. Whenever I visit, I take care of picking up my mom's meds from Mercury Drug. I know about that booklet ☺. I didn't know about the grocery discounts. That there's a booklet to track that too. I'll tell my mom. Yes, seniors are given priority and respect in the Philippines. It's really wonderful. In 2 years, I'll get the same privilege. Maraming salamat po sa lahat ng inputs nyo. I learned a lot from you that are reassuring and I'm sure, the rest of the viewers are learning too. Thank you so much for watching my videos.
@@official_ate_gi_channel Great! On your next trip to Manila, I would like to invite you to visit me in Silang, Cavite where I built my dream retirement house on a fairway lot at the Riviera Golf and Country Club, 20 mins. from Tagaytay. I think it will give you a better idea of how one can retire here with a better quality of life than in the U.S.
Thank you so much ate Gi!! Been waiting for your latest vlog. This is so informative. May 10 years pa kami ng hubby ko to retire pero preparing and getting all information we can get thru online, people we know and helpful people like you. Thank you so much!!❤
Do pushups and calisthenics all day. Practice strict caloric restriction. Sleep well. Bathe once a day, wash hands and face frequently. Brush after each meal. You'll be healthy as a marathoner, no sickness worries. Just me. Thank you.
I also looked into this...since my US health insurance or medicare covers emergency...i figured i will just need air medical transport funds to be airlifted...for other services it is quite affordable...and even cheaper if you have senior discount like we do since we're dual citizens...also i continued my SSS phils which also covers some medical expenses...
If you have a serious medical emergency and you are brought to the best hospital in pinas, your insurance won't be enough. If you have a chronic medical condition you'll know pretty much as to how much you'll be spending on maintenance, tests and check up every month to keep you well and alive while in pinas.
Thank you for doing the hard work in researching health insurance. My husband and I are in Texas, and we plan to go back to the Philippines. We are in our 60’s. Now I know about hospital stocks option which I plan to pursue. Salamat!
THANK YOU! I subscribed and shared your video to my HS classmates who are now FilAm here. Very informative and awesome research! You are AWESOOME "kabayan!"
I’ve been retired for 18 months now been traveling around and prior retirement I’m already eligible for Medicare part A and also elected to get part B. Aside having Medicare I also kept my health insurance from my previous employment where I retired from which was J&J. So I have a very good, if not best medical coverage I can get here in the USA with very affordable co-pay for hospitalization etc. I walked 4 miles every day around my neighborhood when weather permits and currently in the best of health no prescription medication of any kind whatsoever thank the lord🙏🏻Lately, I’ve been thinking about going back in the Philippines and live there as I have everything I needed, We have a beautiful home and transportation that are paid off in the province 🙏🏻 still what worries me is health insurance in the Philippines. I will do more research on pros and cons before deciding whether to move forward. Appreciated all the info and thanks for your hard work🙏🏻
Check if your insurance in the States will cover you when you are in the Philippines. Kaiser will reimburse your emergency care including hospitalization but you will need pre-authorization for other medica/surgical services. Blue Shield will reimburse your medical expenses but you have to submit all the necessary documentation. They reimbursed the cost of my pacemaker replacement including hospitalization and doctor fees. St.Luke's accepts HealthNet insurance and they will do all the paper work for you including preauthorization. Unfortunately, Medicare is still not accepted in the hospitals in the Philippines. Outpatient visits are cheaper than the co-payment I used to pay in the U.S. Remember, seniors have 20% discount on all medical services including doctor's fees. Even quality dental and vision services are cheap so I don't mind paying in cash. I'm an 82 yr. old M.D. who decided to continue my retirement in the Phil.and came back in 2016. It was the best decision I made in the last 10 yrs. and I'm living a retirement life that I have dreamed of without worrying about my health care needs. I can definitely say... No Regrets! Hope this helps you make your decision about retiring in the Philippines.
@@normamcquait1089 true, outside of Manila and cebu's best hospitals, nakakatakot ang mga ibang poor quality hospitals sa Pinas. Kulang sa doktor, nurses at medical equipment.
You are right Ate Gi! Insurance are not really that dependable. If you are retiring in the Philippines, best option is Hospital Stock Option. Like Condos, Investment cost are not that expensive before hospital construction. For me its at least 2 years waiting. I'm in Quezon City. You can ask your Doctor-Friends for it. And yes the benefits you mention is almost the same with mine.
Thank you. When I travel back , I get the medical travel insurance. I don’t have plans to retire back in the Philippines because my benefits are here and my husband is not Filipino however those yearly costs is actually feasible…
Hi, for those in Central luzon, Lakeshore Medical Center located in Mexico Pampanga, very accessible from San Fernando and nearby towns, I believe is still open for stock options. The hospital has now started its construction. You may visit their website or verify with the township.
Nearly the same with other known insurance here in PI..Some of them maxicare, medicard, ucpb and there are others still and growing but you still need to check them out.
Love the edits and your voiceovers, Ate. Can't wait to see the content when you guys are back home. We're in our 30s in Los Angeles but want to settle in the Philippines in our 40s. Recently came back from PI visiting white sand beaches and BGC, and we were blown away by the modernities, excellent restaurants/beautiful malls and obviously the beautiful beaches. We really do not have those things here in the US especially with the rising cost of everything (who's going to build beautiful and modern shops in this economy?), and maybe the closest white sand beach is Mexico, the other Hawaii which does not even compare to Palawan. All the best. Hope you all pull the trigger sooner than later. Time is short. You guys should just let that compound interest work since you guys invested, your upcoming SS and sale of the house/savings. Just pull the trigger!
💛💜 wow! retiring in your 40's! that's great!!! naguumpisa pa lang kami nung 40's kami eh kaya ngayon pa lang namin kayang mag-retire. in fact in a few years pa. enjoy your US journey and keep the dream alive! thanks for watching!
Very informative po Ate Gi! The hubby and I retired early in the Philippines late 2022 and still come back to the US for preventative care but also looking for medical insurance options in the Philippines. A friend of ours there who works for a US company has Maxicare. We will look into that too aside from your options here. Thank you!!
Thanks for a very well researched and detailed presentation. We are also considering repatriating in a couple of years. This should really help us plan and prepare.
Try out Paramount insurance. We got one for my mom nasa 70s na xa. Reimbursement basis ung set up you can pay quarterly monthly or annual. Quarterly payment is P2100++. All HMOs here do not cover 60 yrs old above. All you mentioned are too expensive po.
ang mahal nga nila eh. i wll probably bring down the overall annual limit to bring the premium down. your paramount insurance plan has a great price! how much is the annual coverage limit or oveall maximum limit? thanks for watching!
Thanks Gi! Another important and informative vlog which tackles the utmost concerns of retiring back home. Thank you for your advanced research. Kudos to another well made vlog!
My suggestion to avoid stress and headache... Do your full medical health test in the US or if you are in Canada... Then go and have a nice vacation in the Philippines.
Thank you for this very vital info. Everyone who's thinking or planning on retiring in the motherland is grapples with the reality that Pi could use some improvement on so many areas and this is on top of them. I myself am putting away money just for health care for when I move back. I wish you happiness on your journey back. Be well. 🤗
Ate Gi, lahat ng Filipinos are all covered by Philhealth, like all patients undregoing hemodialysis worldwide not pay for The procedure, 156 sessions per year, it is a 3x per week. All meds like Epo, lab tests and medicines are all covered by philhealth. Meaning, The HD patients Dong have to pay a single cent. I believe that holds true for cancer patients.
My cousin ako umuwi sa Philippines but after 2 mos. inatake sa puso pag pasok pa lang kailangan mag bigay daw agar nang 50k for the open heart surgery then everyday 20k total sa bill nya 1.1 million for two weeks stay kasi nag rehab pa sya tapos walang Phil health. Then my friend nagka cancer suddenly Hindi na diagnose dito sa U.S. no insurance only Medicare dito sa U.S. ang chemo nya twice a week for 50k pesos per chemo. Ito Ang kinatatakutan namin kahit we have good retirement plus our social security.
I worked in the US for 20 years and retired at 60 years old. At this time I'm busy spending my vacation outside the country to Europe or Middle Eastern countries. I have not made a concrete plan where to retire or settle in the future. Hopefully I will be in the Philippines.
Convenient excuse yung Healthcare insurance. These retirees mostly just make Phils as their retirement base. Babalik pa rin yan sa US. I bet you mas matagal pa rin ang stay nila sa US kaysa Pinas in a given 5-year span. Kadalasan nga pag uuwi daw "for good", eh roundtrip ticket naman ang flight. Which means definitely babalik pa rin sa US.
The scary thing is bayad ka ng bayad tapos pag dating ng actual gagamitin mo na, yun pala hirap mag expense. Ganun daw ang Pacific Cross so avoid avoid.
ang pinaka maganda take care of yourself while young dito sa America, at talagang paghandaan, let your children graduate , like my 2 children got scholarships from undergraduate up to master degree , i make sure hindi sila pabigat sa akin , at habang bata mag ipon sa pagtanda, para kung talagang gusto mong mag retire sa Pilipinas use your retirement fee, at siguro kung hindi mo talaga maiwasan magkasakit sa Pilipinas, if you are retirees , the government can still help you , go to DWSD at mag research kung sino ang makakatulong sa iyo, kung wala ka talagang means the Government can still help at depende rin sa City you are located
Thank you for doing the legwork. I am 62, retired military and we have Tricare for Life and VA but I am still intrigued by the options you have presented. Also, a lot of people focus on treatment; putting the focus on metabolic health, improved body composition (muscle-wise) and mobility will improve your quality of life in your later years. Salamat.
You deserve all the care lined up for you. Tricare, VA. At may VA sa atin that can take care of you, I’m sure you know. Salamat po for watching. And thank you for your service. 🫡
Thank you for sharing, great information!! I live here in the US and I will be retiring soon and planning on getting the hospital stock option. A friend of mine have that, she live in the Philippines, so if you will need that let me know and perhaps my friend and I could help.
Thanks so much! Trying to find coverage for someone over 75 and it's virtually nonexistent. I wonder what the old folks in the Philippines use for insurance.
Pacific Cross covers people up to 100 years old. Of course the price is unbelievable at 100. at any rate, if you're interested, I can email you the Pacific Cross brochure with the prices and benefits so you can check, haggle, modify the plan that wil suit your need. thanks for watching!
For the young ones, they will not think of retiring in the Philippines. NOT YET. But when the time comes, they will have to consider the cheapest available option kung hindi na sila income generating. Lalo na sa mga taong pension lang ang inaasahan sa ibang bansa.
Due to horror stories dealing with insurance companies in the Philippines, I don't trust them. At least in US, they can be sued by anyone, people have rights. Also, PhilHealth is fine for now, but with continued massive corruption, I do not know if it will still be there when the time comes that people need it.
@@rachelboticario4761 where do you live? Depende yata sa lugar o sa ospital sa Pinas at kung anong klaseng US health insurance. I heard some hospitals accept US health insurance but you have to pay first and then file a claim for reimbursement later through US health insurance para mabawi iyong binayad mo sa ospital sa Pinas.
ang isa pa po dapat ikonsidera sa Pilipinas ay yung NAPAKAHIRAP po ng pagke-claims sa mga insurance. HINDI po siya kasing dali tulad sa ibang bansa. BUKOD SA NAPAKAMAHAL, pahirapan pa ang pagke-claims. MINSAN, patay na ang pasyente, hindi pa sumasagot ang insurance company. kaya, minsan, mas mainam pa ang may medical funds or emergency funds na ikaw mismo ang may kontrol. at galingan na lamang sa pag iinvest, para may enough passive income bukod pa sa pension. now a days naman, marami na po investment options.
Hi, I retired this year at 51, after 29 yrs of employment with a pharma MNC. So i lost my HMO but just decided to self insure. I also have shares of stock in a new hospital in QC that’s being built now, got it during Covid time. If you’re interested let me know. I inquired and they’re still open to investors but medyo nag increase na ng konti price per share.
I somehow find it hard to keep a balance between my voice and background music. Either I have some hearing deficit or I need better headsets ☺ But thanks for watching.
Thank you po sa vlog mo. Health Insurance talaga ang problema ko if I will retire in the Philippines. In Germany I do not have any problem dealing with health insurance. Everything functions here very well. We do not need to make downpayment or need to pay before treatment. After treatment we will receive invoices with 30 days payment due date. So we will submit them to the health insurance per digital processing and we can tract online the processing status. More often we will get refund before the due date. I also researched about health insurance in the Philippines. I had a breast cancer last 2008 and I stoped summing up the hospital bills, medication etc after I reached 50.000 EUR. This is about 2.8 Mio pesos. This 50.000 Eur was the costs at the very beginning of the treatment - operation, chemotherapy. This is really a horror of me the health insurance topic. Let us see. In 10 years i will retire. God bless us all 🩵🤍
@@melvinfinsterwald2989 hello! Retire in a place where you will feel medically and financially secured. If the Philippines doesn’t work for you, you are blessed to have the option to stay where you are. Thanks for watching!
@official_ate_gi_channel Good day, Luckily there is an option in Germany. If I do not give up my residency in Germany and I stay in Germany for certain numbers of months in a year then I can still avail the health insurance. Certainly I will be more often in the Philippines. I like to live simple and in the nature. I am also now starting to process the needful like real estate for taxation purposes in Germany. Thanks po sa answer. God bless you always…🩵🦋
Ms.G, thank so much for your input about health insurance coverage when planning to retire in our homeland Philippines. Since you have mentioned some of insurance companies that doing business in our country I would love to know if we can use such insurance to any private hospitals around the country
Yes, they can be used in private hospitals in the Philippines. Check out the spreadsheet in the video description. It has links to the hospital affiliations of the health insurance companies. Thanks for watching.
Why no information about the elderly who need medical insurance coverage beginning at age 80. I want to bring my mom but I need health insurance for her.
Hello po Ate Gi, na mention nyo po s vlog nyo na to, about buying 1 share of stock s isang ginagawa p lng m Hospital, try nyo po Sto Tomas Doctors Hospital and Medical Center. Kz ofw dn po aq at kumuha po aq jan ng 1 share of stock…
Hello @conradodonalowagan1785 Thank you for this information. Where is that hospital located? For the benefit of the other viewers who may be interested. Maraming salamat ha!!
Insurance companies in the Philippines is horrendous! A lot of times it takes several years for doctors to get the paid by the insurance. There was a doctor who already passed away when he received the insurance payment for a surgery that he did 10 years ago. That’s why a lot of doctors don’t accept insurance policies
Thank you for this helpful video. I'm like you someday my wife and I would be partially retiring in the Phlippines 6 months out of a year - every year.
Hi! You will need to inquire from the hospitals near you if they offer hospital stock options. Start by asking doctors or nurses that you know who live near your area. Whenyou find one, review the benefits and features if it will provide for your healthcare needs. Thanks for watching!!
i still don't know. my plan is to call hospitals near where we are retiring. and also call some doctor friends if they know of any. it's got to be a hospital close to where we live. thanks for watching!
The information provided is incorrect. If you have Medicare Part C, then you can use it in the Philippines. Medicare Part C is the managed care equivalent of the Fee-for-service traditional Medicare Part A and B.
My cheap advice.
Be healthy and be positive about retirement in Philippines.
Get your yearly general check up in States or in Canada.
Have an exit plan for emergency health issues. Don't get stuck in the Philippines if your sick.
Tama po. Prevention is better than medication. O regular check up para pag may major health issue balik US at ipagamot doon.
You can be healthy & get in an accident. You can have yearly checkup in the US but what happens if your cancer started when you fly back in Pinas. 😄
@JunRoss-pp3mv God forbid this happens to you. But, You might as well buy a lottery if you know your fate!
I think the yearly check up in the Philippines is fine for now. I am still working here in the US but when I visit the Philippines I asked doctors there to do a general check up. Same cost here even with the insurance plus you get better service. People there are more caring
COVER all the bases as suggested exactly and plan ahead
health insurance here in The Philippines is hit or miss, I just made a video about it. cash is king here, because the insurances rarely cover entire costs and if you don’t have the cash sometimes they wont even take care of you
This is so true. My friend's father died because they did not have cash on hand for downpayment at the hospital and they would not take her credit card info. it was so sad.
@@friedapplepie1872 yea they need to do better with that. It certainly depends on the place and the doctor, but come on they shouldn't put money over people
They are accepting US Medicare now in the Philippines, as well as Kaiser health insurance
Hi! Do you know what hospitals in the Philippines accept US Medicare? Thank you!
@@official_ate_gi_channel i heard from a husband’s niece who works at Blueshield Blue Cross, She said St Luke’s and i think the other one is Asian Hospital.
since when did Medicare is acceptable outside US po? As far as I know, per medicare, it doesnt apply if outside US… unless that’s changed very recently… thank you po..
Medicare part-C / medicare advantage plus cover worldwide medical emergency.
@@user.-_meno you have to pay from your pocket first then you can reimburse back to US
No matter what Insurance you choose just be careful because once you already confine dame ng mga charges minsan kahit di nila ginawa ang procedures meron naka charge so please read the bills at isulat lahat ang mga tinutusok sa Inyo pati mga ekg, ecg etc. so just be very careful
😁really?
saving this for future reference. thank you so much ate G! this is one of my main concerns and the top source of my anxiety in planning for an early retirement in the Philippines.
This is a very important topic for pinoys who thought of retiring in the Philippines. Thank you for this video. 10 more years for me to do this.
Dito nalang ako sa USA. 81 yrs.old na ako at maganda ang health insurance. Nandito ang mga anakko. Wala akong anak sa Pilipinas.
We're lucky cuz all immediate family on both sides are in the US. Left Pinas when I was 15 yrs old. Been here for 58 years. We still visit Pinas every 3 or 4 years for vacation but not to retire.
Smartest way my friend, I am the same 😊
Even without health insurance, I think the hospitalization in the Philippines is still a lot cheaper than in the US. My brother was hospitalized at the Lung Center in QC for more than 2 weeks and his payment upon his discharge came out to only about 100,000 pesos (private room) This is the total with SC and PhilHealth discounts. I went to an EENT and their fee was 1000 pesos and with SC discount, I just paid 750 pesos. So, just set aside extra money when you are there just in case you get hospitalized. It is cheaper than paying some insurance company. Also, Medicare will cover if it is an Emergency. Pay your bill first and Medicare will reimburse you.
NO medicare will not go read. dont lie to peoples.
What a very thorough and impressive content you made !!!!
Much appreciated and all the best.
Ms G! thank you for your hard work to share this very informative and very important vid. I have to save this one for my future reference.
Totoo yang sinabi niyo. Malayo pa ako sa retirement, iniisip ko na mas gusto ko umuwi sa Pinas pag panahon para mag retire. The best nga yung mag stock member, pero specific lang na mahospitalize ka most likely dun sa hospital na may stock ka. Kaya dapat dun ka din malapit nakatira in case of emergency. Marami na bang mga hospital sa Pinas na may stock option? Hopefully you can make a video about hospitals with stock options.
I will wait for video on hospitals with said option and how to avail. Thank you.
As I know stock options are for practising doctors. But for public, the Securities and Exchange Commission stopped one hospital from soliciting from public, stock membership without SEC-registration.
i appreciate the detailed research on costs. mas maigi na gamitan ng ibang criteria like in real life, how well do these insurance companies process claims.kasi all look good on paper. but kahit sa US, maraming horror stories pagdating sa bayad ng claims. also compared to other western countries, US does not have univ healthcare and is profit driven. if you're indigent then it is free but if no, then it is expensive. my sense is dealing with health insurance cos. in pinas is going to be more challenging compared to US and you have to be prepared to pay out of pocket. that is the trade off for attempting to have a robust quality of life in your remaining years. aanhin naman if relatively healthy but without a sense of community and fulfillment. that is not living. so be proactive in your diet and exercise and things within your control but ultimately take calculated risks in health arrangements. nothing is ever guaranteed anyway. think of many expats doing well there, walang roots, iba walang local spouse and on a budget and okay naman. have faith.
We need more content like this❤ thank you so much for sharing ate G!
Great info for those who need it! This was one of our biggest concerns as we plan to retire in PI for good in 4 years. Fortunately for my wife & I, I'm retired USAF & can use TRICARE Overseas Program with preferred/certified providers in PI. Our co-pay if it doesn't change is currently at 25% & our annual cost currently stands at $726.00/year.
thank you for your service po! you deserve all that care. thanks for watching!
The problem with health insurance in the Philippines is as you aged only few companies will cover you & if they do, the premium is sky high with limited coverage. As you aged you need medical insurance more cuz you'll have more health issues. The best medical knowledge, most up to date treatment & newly FDA approved medication are not available in Philippines.
As a seasoned FILAM finally embracing my Filipino roots & researching pre-retiring data such as health insurance in PH - this content is 100% of the data options I was looking for - I even forwarded to my family/friends. I'm glad I stumbled across your channel & will be checking out the rest of your videos. Salamat Ate Gi 🙂
Due to insurance fraud, you still have to come up with cash up front, then claim after the services were rendered. This could take time due to documentation requirements. Make sure you have a lot of cash to cover your hospital bills because the insurance will not pay up front. Especially, when your provider is overseas.
thanks for the tip! thanks for watching!
Tama po.
I also researched that Life insurance with living benefits can be useful in the Philippines. If you are not able to do the 5 daily activities, they can provide you monthly cash benefits based on your coverage. It covered chronic conditions, cancer, or any injuries that cause for you not to do the 5 daily living. Also, if you have flex spending account from fidelity you can use this as well for your medical expenses even if the clinical situation happened 4 yrs ago.
Thanks for sharing!
Eto rin concern namin sa retirement. Thanks for the info.
Hi Ate Gi. Just get an insurance in the U.S. that will cover you in the Phil. HealthNet is accepted at St. Luke's Hospitals and they will even do the pre-authorization for you. There is a special concierge service at St.Luke's that is reserved just for international insurance. Blue Shield will reimburse your medical expenses but you have to submit all the necessary documentation yourself. They reimbursed the full cost of my pacemaker replacement including hospitalization and professional fees. Kaiser will cover emergency care including hospitalization but you also need to submit the documentation yourself. I was covered fully when I was hospitalized for a bout of pneumonia. (This was before I switched from Kaiser to Blue Shield). Outpatient visits are cheaper than the co-pay in the U.S. Most physicians charge less than P1000 (about $20) per clinic visits. Remember, seniors have 20% discount for all medical services including medications, so most clinic visits will be less than P1000. It is the same for dental and vision care so I usually just pay in cash. Of course, this all depends on where you plan to live in the Phil. I recommend that you get long term care insurance. Mine, with John Hancock, will cover for a caregiver and a home nurse since I prefer to remain at home in case I become bed-ridden. Reading the book "Being Mortal" by Dr. Atul Gawande helped me make the decision to continue my retirement in the Phil. since it helped me plan for what can happen healthwise as I gets older. I'm an 82 yr. old M.D. who spent almost 50 yrs. training, practicing and teaching in the U.S. (in N.Y. and the SF Bay area) and came back in 2016. I can truly say I'm enjoying my retirement life.
Hello! This is such good information! Thank you so much for taking the time to explain all of these. It gives us a sense of relief because we will have Blue Cross Blue Shield upon retirement. At first, we didn't know that we can be reimbursed by Blue Cross. But some viewers, like you, were so kind to inform us that international kiosks are now available at some Philippine hospitals to cater to international health insurance. Such a blessing! By the way, I also want to verify if John Hancock will cover long term care insurance in the Philippines. I'm assuming it will, because you are in the Philippines, but I just want to validate it.
I love hearing that you are enjoying your retirement in our home country. Thank you for your valuable time sharing this info with me and my viewers. And thank you for watching.
@@official_ate_gi_channel I got my long term care insurance when I was still in my 60's. Before I left for the U.S. in 2016., I called John Hancock and consulted with an agent about coverage in the Phil. I was told that I could be covered for a caregiver and nursing care so I decided to continue with the insurance coverage and just cancelled the services I won't need in the Phil.l such as nursing home care thereby decreasing my monthly premium. I now pay $127/month which is automatically taken off my Wells Fargo account. I'm still pretty mobile and self-sufficient but if I want, my primary physician (a gerontologist) is willing to sign the papers so I could hire a caretaker anytime. By the way, my brother who retired from Florida also has Blue Cross and he has no problem getting reimbursed for his cardiac care and hospitalizations. I know that planning for retirement could be an anxiety laden process. It took me several years of going back and forth between the U.S. and the Phil before I finally decided to pull down the lever. It was all worth it because the best thing about retiring here in the Phil is, as a senior you get respect and priority anywhere you go and that makes you feel extra special unlike in the States where you are mostly ignored.
@@official_ate_gi_channel I got my long term care insurance with John Hancock when I was still in my 60's. Before I left for the Phil. in 2016, I contacted them and I was told my insurance would cover me for a caregiver and in home nursing care. I decided to continue with the insurance but cancelled services I won't need like nursing home coverage and others. I was able to decrease my monthly premiums and now I'm only paying $127/month which is automatically taken off my Wells Fargo account. I'm fortunate that I'm still pretty mobile and self-sufficient though my primary physician (a Gerontologist) said she will sign the papers for me to hire a caregiver anytime I want. By the way, my younger brother who retired from Florida also has Blue Cross/Blue Shield. He also had a pacemaker replaced and his cardiac care and hospitalizations have all been covered. Of course, with BC/BS you have to pay first and then you get full reimbursement. I remember for my pacemaker replacement with 2 days hospitalization at St.Luke's Global, I had to pre-pay about P80,000 including professional fees which were then fully reimbursed. Therefore, you still need to set aside some cash for emergency medical needs. I'm very satisfied with my healthcare here in the Phil. I'm surprised and impressed with the quality of technical know how and equipments the doctors are now using. I think they are on par with the hospitals in the U.S. For example, they are now doing routine femoral ablation for atrial fibrillation. I had to go to Stanford to have the procedure done since it was not available at Kaiser at that time. Of course there are some inconveniences you will likely encounter such as doctors being late for their appointments and a policy of first come first served in the waiting rooms but they are part of the adjustments one has to make if one decides to move back to the Phil. I found that changing my mind set helps me enjoy my retirement time more and appreciate what the Phil. has to offer. Best of all, being a senior here makes you feel extra special. You are given priority and respect anywhere you go unlike in the U.S. where seniors are mostly ignored.
I got my long term insurance with John Hancock when I was still in my 60's. Before I left for the Phil. in 2016, I contacted one of their agents and was told I would be covered for a home nurse and a caregiver anywhere I go in the Phil. I then cancelled the nursing home and other coverages which I won't need in the Phil. thereby cutting down my monthly premium. I now pay $125/month which is automatically taken off my Wells Fargo account. I'm fortunate to still be mobile (I still play golf occasionally) and still self sufficient though my primary physician (a Gerontologist at St. Luke's) said she will sign the papers for me to hire a caregiver any time I want. By the way, my younger brother who retired from Florida also has Blue Cross/Blue Shield and he didn't have any problems when his pacemaker was replaced. His cardiac care and hospitalization bills were all reimbursed. Of course, with BC/BS, you have to pay in advance. I remember when I had my pacemaker replaced, the hospitalization and professional fees came up to about P80,000 which I paid with a credit card. Needless to say, I'm quite satisfied with the medical care I'm getting. I'm impressed with how much technical advancement we have in our modern hospitals. Most doctors are equipped with the latest apparatus and instruments. I was surprised that they can do femoral ablation for atrial fibrillation almost like a routine procedure. I had to go to Stanford Hospital when I had mine done because Kaiser was still not doing it at that time. You're very smart in doing the research and preparation before coming back home to retire. It took me years of going back and forth between the U.S. and the Phil. before I finally pulled the lever down. It was all worthwhile. The best thing I found being retired here is that as a senior, I get respect and given priority anywhere I go. It makes me feel extra special! I don't think I felt it in the U.S. where seniors are almost forgotten and mostly ignored. @@official_ate_gi_channel
Thorough research ang ginawa mo, ang galing. I am sure a lot people benefited from this research. Thanks for posting.
An eye opener for all, not just when one is about to retire, whether here or there because there is this wellness-illness continuum from the womb-to-tomb that partakes cost and expenses, then financial planning is one key to add in taking care of one’s health, be it in promoting health, preventing illness, treating a medical issue or concern, recuperating from hospitalization, or rehabilitating from a recent health challenges, on top of the possibility of getting hit, accidentally. Having a strong support system that are as equally as health conscious as all family members alike is highly encouraged.
God bless for being so kind in sharing this video.
@@LCTalens1 We try to cover as much that we can cover to prepare for retirement. But we all know that we could not account for, like what you said, health outcomes. In that area, we can only trust God that he will take care of us. Thanks for watching!!
Thanks for this info - yes, it's true - health coverage is the biggest hindrance to folks in the US who want to retire. But there are options in the Philippines kung dual citizen ka.
Hi Ate Gi. I replied to your inquiry about the long term care insurance. I hope you saw it. I forgot to mention that as a senior (60+), every Filipino automatically qualifies for a senior card and Phil Health, free of charge. Even if you still reside in the U.S., you can get a senior card when you're here and you will get 20% in all eating places including McDonald's and Starbucks! If one has a medical disability, one can get a PWD (Persons With Disability) card which also entitles you to a 20% discount. Once you have a senior's card, you can get a Phil.Health card easily even without other documentations (it took me less than 15 mins to get one). If you are hospitalized, Phil Health discount is automatically deducted. I had a deduction when I had my cataracts extracted. For medications and groceries, you need to apply in the Barangay where you're residing to get a booklet to record the medicines and groceries you're buying. I hope this information helps.
Hello po! Yes..I read your 2nd comment. Salamat po. We're interested with J. Hancock's home care coverage. Tatawagan po namin sila. Sana naman hindi masyadong mahal na. Kami rin po, we trust the medical care sa atin cause we are based in Manila. Makati Med, St. Luke's BGC or Asian Hospital are all accessible to us. Whenever I visit, I take care of picking up my mom's meds from Mercury Drug. I know about that booklet ☺. I didn't know about the grocery discounts. That there's a booklet to track that too. I'll tell my mom. Yes, seniors are given priority and respect in the Philippines. It's really wonderful. In 2 years, I'll get the same privilege. Maraming salamat po sa lahat ng inputs nyo. I learned a lot from you that are reassuring and I'm sure, the rest of the viewers are learning too. Thank you so much for watching my videos.
@@official_ate_gi_channel Great! On your next trip to Manila, I would like to invite you to visit me in Silang, Cavite where I built my dream retirement house on a fairway lot at the Riviera Golf and Country Club, 20 mins. from Tagaytay. I think it will give you a better idea of how one can retire here with a better quality of life than in the U.S.
Thank you so much ate Gi!!
Been waiting for your latest vlog.
This is so informative. May 10 years pa kami ng hubby ko to retire pero preparing and getting all information we can get thru online, people we know and helpful people like you.
Thank you so much!!❤
Do pushups and calisthenics all day. Practice strict caloric restriction. Sleep well. Bathe once a day, wash hands and face frequently. Brush after each meal. You'll be healthy as a marathoner, no sickness worries. Just me. Thank you.
Cancer could still strike at any time, unfortunately.
I also looked into this...since my US health insurance or medicare covers emergency...i figured i will just need air medical transport funds to be airlifted...for other services it is quite affordable...and even cheaper if you have senior discount like we do since we're dual citizens...also i continued my SSS phils which also covers some medical expenses...
This a very comprehensive video. You have done many a favor. Thank you.
If you have a serious medical emergency and you are brought to the best hospital in pinas, your insurance won't be enough. If you have a chronic medical condition you'll know pretty much as to how much you'll be spending on maintenance, tests and check up every month to keep you well and alive while in pinas.
you can always go back
to US is needed😊like regular check up
The Philhealth can only be used when you are admitted to the hospital and buying medicines at a discounted prices.
Thank you for doing the hard work in researching health insurance. My husband and I are in Texas, and we plan to go back to the Philippines. We are in our 60’s. Now I know about hospital stocks option which I plan to pursue. Salamat!
salamat din po for watching. glad it gave you some ideas.
THANK YOU! I subscribed and shared your video to my HS classmates who are now FilAm here. Very informative and awesome research! You are AWESOOME "kabayan!"
Awwwwsome! salamat kabayan, for watching, for sharing!!
I’ve been retired for 18 months now been traveling around and prior retirement I’m already eligible for Medicare part A and also elected to get part B. Aside having Medicare I also kept my health insurance from my previous employment where I retired from which was J&J. So I have a very good, if not best medical coverage I can get here in the USA with very affordable co-pay for hospitalization etc. I walked 4 miles every day around my neighborhood when weather permits and currently in the best of health no prescription medication of any kind whatsoever thank the lord🙏🏻Lately, I’ve been thinking about going back in the Philippines and live there as I have everything I needed, We have a beautiful home and transportation that are paid off in the province 🙏🏻 still what worries me is health insurance in the Philippines. I will do more research on pros and cons before deciding whether to move forward. Appreciated all the info and thanks for your hard work🙏🏻
OK reality 80% of men get prostate cancer.. my treatment was well over 100k. 80% is a terrible number
Check if your insurance in the States will cover you when you are in the Philippines. Kaiser will reimburse your emergency care including hospitalization but you will need pre-authorization for other medica/surgical services. Blue Shield will reimburse your medical expenses but you have to submit all the necessary documentation. They reimbursed the cost of my pacemaker replacement including hospitalization and doctor fees. St.Luke's accepts HealthNet insurance and they will do all the paper work for you including preauthorization. Unfortunately, Medicare is still not accepted in the hospitals in the Philippines. Outpatient visits are cheaper than the co-payment I used to pay in the U.S. Remember, seniors have 20% discount on all medical services including doctor's fees. Even quality dental and vision services are cheap so I don't mind paying in cash. I'm an 82 yr. old M.D. who decided to continue my retirement in the Phil.and came back in 2016. It was the best decision I made in the last 10 yrs. and I'm living a retirement life that I have dreamed of without worrying about my health care needs. I can definitely say... No Regrets! Hope this helps you make your decision about retiring in the Philippines.
Kmi health insurance is not a problem yung quality lang ng care sa atin ang medyo problema kung sakali
@@normamcquait1089 true, outside of Manila and cebu's best hospitals, nakakatakot ang mga ibang poor quality hospitals sa Pinas. Kulang sa doktor, nurses at medical equipment.
You are right Ate Gi! Insurance are not really that dependable. If you are retiring in the Philippines, best option is Hospital Stock Option. Like Condos, Investment cost are not that expensive before hospital construction. For me its at least 2 years waiting. I'm in Quezon City. You can ask your Doctor-Friends for it. And yes the benefits you mention is almost the same with mine.
Thanks for sharing!
Thank you. When I travel back , I get the medical travel insurance.
I don’t have plans to retire back in the Philippines because my benefits are here and my husband is not Filipino however those yearly costs is actually feasible…
This deserves an award! Super informative. Thank you so much. Respect to you po. Stay safe.
awww..! salamat po. Famas ba? lol! i only want to help. thanks for watching!
Thanks for sharing this info and your spreadsheet! Very much appreciated. I still would like to retire in the Philippines.
Hi, for those in Central luzon, Lakeshore Medical Center located in Mexico Pampanga, very accessible from San Fernando and nearby towns, I believe is still open for stock options. The hospital has now started its construction. You may visit their website or verify with the township.
Hi! I'm actually visiting this Lakeshore jobsite next week. Thanks!
Please keep us updated as I am seriously considering to build my retirement home at Lakeshore Subd. Thanks.
Nearly the same with other known insurance here in PI..Some of them maxicare, medicard, ucpb and there are others still and growing but you still need to check them out.
Love the edits and your voiceovers, Ate. Can't wait to see the content when you guys are back home. We're in our 30s in Los Angeles but want to settle in the Philippines in our 40s. Recently came back from PI visiting white sand beaches and BGC, and we were blown away by the modernities, excellent restaurants/beautiful malls and obviously the beautiful beaches. We really do not have those things here in the US especially with the rising cost of everything (who's going to build beautiful and modern shops in this economy?), and maybe the closest white sand beach is Mexico, the other Hawaii which does not even compare to Palawan.
All the best. Hope you all pull the trigger sooner than later. Time is short. You guys should just let that compound interest work since you guys invested, your upcoming SS and sale of the house/savings. Just pull the trigger!
💛💜 wow! retiring in your 40's! that's great!!! naguumpisa pa lang kami nung 40's kami eh kaya ngayon pa lang namin kayang mag-retire. in fact in a few years pa. enjoy your US journey and keep the dream alive! thanks for watching!
Very informative. Thank you!
This is definitely a deciding factor whether or not to retire in the Philippines
Very informative po Ate Gi! The hubby and I retired early in the Philippines late 2022 and still come back to the US for preventative care but also looking for medical insurance options in the Philippines. A friend of ours there who works for a US company has Maxicare. We will look into that too aside from your options here. Thank you!!
You're welcome. Thanks for watching!
Thanks for a very well researched and detailed presentation. We are also considering repatriating in a couple of years. This should really help us plan and prepare.
Thank you. I needed this. You broke it down for us. Thank you.
Try out Paramount insurance. We got one for my mom nasa 70s na xa. Reimbursement basis ung set up you can pay quarterly monthly or annual. Quarterly payment is P2100++. All HMOs here do not cover 60 yrs old above. All you mentioned are too expensive po.
ang mahal nga nila eh. i wll probably bring down the overall annual limit to bring the premium down. your paramount insurance plan has a great price! how much is the annual coverage limit or oveall maximum limit? thanks for watching!
Thanks Gi! Another important and informative vlog which tackles the utmost concerns of retiring back home. Thank you for your advanced research. Kudos to another well made vlog!
my pleasure! thanks for watching!
Thanks, Ate Gi! I finally decided to go with Pacific Cross because of your video. I also got Blue Royale B ☺
Can't wait to go back to the Philippines! 2&1/2 yrs more until my early retirement! Thanks for sharing this important information! 😊
We paid $10k US for my Fathers pacemaker here in the Philippines.
My suggestion to avoid
stress and headache...
Do your full medical health test in the US or if you are in Canada... Then go and have a nice vacation in the Philippines.
Thank you. This is informative specially now I will be retiring soon & been thinking of health issues.
glad that it is helpful to you. thanks for watching!
Thank you for researching and sharing your wisdom!
Life style in Pi keep u strong and healthy
Ate, nag binge watch ako sa mga videos nyo, am a subscriber na and nurse too here sa Texas, 2 grown kids too
I am touched. Salamat for watching my videos ha! 😘
@@official_ate_gi_channel will watch the remaining videos pa Teh
Thank you for this very vital info. Everyone who's thinking or planning on retiring in the motherland is grapples with the reality that Pi could use some improvement on so many areas and this is on top of them. I myself am putting away money just for health care for when I move back. I wish you happiness on your journey back. Be well. 🤗
Thank you this is very informative. I'm retiring in the Phils. for sure. I needed this bit of info. God bless.
Ate Gi, lahat ng Filipinos are all covered by Philhealth, like all patients undregoing hemodialysis worldwide not pay for The procedure, 156 sessions per year, it is a 3x per week. All meds like Epo, lab tests and medicines are all covered by philhealth. Meaning, The HD patients Dong have to pay a single cent. I believe that holds true for cancer patients.
I know hemo is covered. It not sure that cancer treatment is covered. If that’s true, that is such a big help.
@@official_ate_gi_channellibre po ang chemotheraphy sa PGH. My sister got C , wala po sya binayaran sa chemotheraphy .
@@lilypotpot4241 that is such a blessing ❤️
magandang option pala ang pagbili ng Hospital stocks.
My cousin ako umuwi sa Philippines but after 2 mos. inatake sa puso pag pasok pa lang kailangan mag bigay daw agar nang 50k for the open heart surgery then everyday 20k total sa bill nya 1.1 million for two weeks stay kasi nag rehab pa sya tapos walang Phil health. Then my friend nagka cancer suddenly Hindi na diagnose dito sa U.S. no insurance only Medicare dito sa U.S. ang chemo nya twice a week for 50k pesos per chemo. Ito Ang kinatatakutan namin kahit we have good retirement plus our social security.
If the cancer started after leaving the US, wala ka magawa.
Great job on this video, Gi! Very informative and helpful!
@@jessecortez9070 thank you!
Thank you Ate Gi this is very informative.
I worked in the US for 20 years and retired at 60 years old. At this time I'm busy spending my vacation outside the country to Europe or Middle Eastern countries. I have not made a concrete plan where to retire or settle in the future. Hopefully I will be in the Philippines.
Hello Ate Gi, Sto Tomas Doctors and Medical Center located po s Sto. Tomas Batangas po..
Thank you. I want to retire to the Philippines as well.
Convenient excuse yung Healthcare insurance.
These retirees mostly just make Phils as their retirement base. Babalik pa rin yan sa US. I bet you mas matagal pa rin ang stay nila sa US kaysa Pinas in a given 5-year span. Kadalasan nga pag uuwi daw "for good", eh roundtrip ticket naman ang flight. Which means definitely babalik pa rin sa US.
Can you make a video on how to re-establish your philhealth and social security so you can get your pension when you retire there.
The scary thing is bayad ka ng bayad tapos pag dating ng actual gagamitin mo na, yun pala hirap mag expense. Ganun daw ang Pacific Cross so avoid avoid.
kakatakot po pala, no? kahit na may insurance pala, hindi pa rin panatag ang loob natin.
ang pinaka maganda take care of yourself while young dito sa America, at talagang paghandaan, let your children graduate , like my 2 children got scholarships from undergraduate up to master degree , i make sure hindi sila pabigat sa akin , at habang bata mag ipon sa pagtanda, para kung talagang gusto mong mag retire sa Pilipinas use your retirement fee, at siguro kung hindi mo talaga maiwasan magkasakit sa Pilipinas, if you are retirees , the government can still help you , go to DWSD at mag research kung sino ang makakatulong sa iyo, kung wala ka talagang means the Government can still help at depende rin sa City you are located
Thank you for doing the legwork. I am 62, retired military and we have Tricare for Life and VA but I am still intrigued by the options you have presented. Also, a lot of people focus on treatment; putting the focus on metabolic health, improved body composition (muscle-wise) and mobility will improve your quality of life in your later years. Salamat.
Thank you for your service po!!
I too have tricare and I'm retiring to Cavite in September from Las Vegas I want health plan there too For me wife and 31 year old son
You deserve all the care lined up for you. Tricare, VA. At may VA sa atin that can take care of you, I’m sure you know. Salamat po for watching. And thank you for your service. 🫡
Thank you for sharing, great information!! I live here in the US and I will be retiring soon and planning on getting the hospital stock option. A friend of mine have that, she live in the Philippines, so if you will need that let me know and perhaps my friend and I could help.
Thanks so much! Trying to find coverage for someone over 75 and it's virtually nonexistent. I wonder what the old folks in the Philippines use for insurance.
wala and goverment na mga aids o help from mga Pulitiko.
Pacific Cross covers people up to 100 years old. Of course the price is unbelievable at 100. at any rate, if you're interested, I can email you the Pacific Cross brochure with the prices and benefits so you can check, haggle, modify the plan that wil suit your need. thanks for watching!
@@official_ate_gi_channel Please leave their email. My mom is 80.
For the young ones, they will not think of retiring in the Philippines. NOT YET. But when the time comes, they will have to consider the cheapest available option kung hindi na sila income generating. Lalo na sa mga taong pension lang ang inaasahan sa ibang bansa.
Thanks for sharing Ate . God bless ❤️🙏
Due to horror stories dealing with insurance companies in the Philippines, I don't trust them. At least in US, they can be sued by anyone, people have rights. Also, PhilHealth is fine for now, but with continued massive corruption, I do not know if it will still be there when the time comes that people need it.
Wen me and my husband retired in Philippines nagamit nman iyong health insurance from USA nagamit ko rin iyong philhealth ko
@@rachelboticario4761 where do you live? Depende yata sa lugar o sa ospital sa Pinas at kung anong klaseng US health insurance. I heard some hospitals accept US health insurance but you have to pay first and then file a claim for reimbursement later through US health insurance para mabawi iyong binayad mo sa ospital sa Pinas.
Exactly. Most of the time to get reimbursement from US health insurance, the international hospitals must be JCI-approved facility
@@RayMorales-k5v good to know. Thanks.
i don’t think non-filipino citizens are qualified for Philhealth…
ang isa pa po dapat ikonsidera sa Pilipinas ay yung NAPAKAHIRAP po ng pagke-claims sa mga insurance. HINDI po siya kasing dali tulad sa ibang bansa. BUKOD SA NAPAKAMAHAL, pahirapan pa ang pagke-claims. MINSAN, patay na ang pasyente, hindi pa sumasagot ang insurance company. kaya, minsan, mas mainam pa ang may medical funds or emergency funds na ikaw mismo ang may kontrol. at galingan na lamang sa pag iinvest, para may enough passive income bukod pa sa pension. now a days naman, marami na po investment options.
I tend to agree with you. Parang ok din if you are able to self-insure especially if you are relatively healthy or you live a healthy lifestyle.
Red Tape
You absolutely, right?It's so hard to make a decision if we don't have insurance to go back home.That's something we have to think about ithank you👍🙏🙏
you're welcome!
Hi, I retired this year at 51, after 29 yrs of employment with a pharma MNC. So i lost my HMO but just decided to self insure. I also have shares of stock in a new hospital in QC that’s being built now, got it during Covid time. If you’re interested let me know. I inquired and they’re still open to investors but medyo nag increase na ng konti price per share.
HOw po?
Thank you! I will need a hospital closer to where I live. QC is too far from me.
Thank you for this information. I wish you toned down the volume of your background music though - it sounded louder than your voice.
I somehow find it hard to keep a balance between my voice and background music. Either I have some hearing deficit or I need better headsets ☺ But thanks for watching.
Would absolutely love an update video. Hopefully you'll be able to get the hospital stock option. Thank you again!
not all hospitals will cater to foreigners as stock options investors.. this type will give you only discounts on hospital services not free..
OMG!!!! Thank you so much for this video Madam, maganda ang Hospital Stocks para sa akin .... need pag ipunan to
sa akin din po, yun ang gusto ko. sana makahanap tayo.
@@official_ate_gi_channel opo saka nagrresearch po ako regarding this.. thanks to you po
Thank you po sa vlog mo.
Health Insurance talaga ang problema ko if I will retire in the Philippines.
In Germany I do not have any problem dealing with health insurance. Everything functions here very well.
We do not need to make downpayment or need to pay before treatment. After treatment we will receive invoices with 30 days payment due date. So we will submit them to the health insurance per digital processing and we can tract online the processing status. More often we will get refund before the due date.
I also researched about health insurance in the Philippines.
I had a breast cancer last 2008 and I stoped summing up the hospital bills, medication etc after I reached 50.000 EUR. This is about 2.8 Mio pesos. This 50.000 Eur was the costs at the very beginning of the treatment - operation, chemotherapy. This is really a horror of me the health insurance topic.
Let us see. In 10 years i will retire.
God bless us all 🩵🤍
@@melvinfinsterwald2989 hello! Retire in a place where you will feel medically and financially secured. If the Philippines doesn’t work for you, you are blessed to have the option to stay where you are. Thanks for watching!
@official_ate_gi_channel
Good day,
Luckily there is an option in Germany. If I do not give up my residency in Germany and I stay in Germany for certain numbers of months in a year then I can still avail the health insurance.
Certainly I will be more often in the Philippines. I like to live simple and in the nature. I am also now starting to process the needful like real estate for taxation purposes in Germany.
Thanks po sa answer. God bless you always…🩵🦋
Ms.G, thank so much for your input about health insurance coverage when planning to retire in our homeland Philippines. Since you have mentioned some of insurance companies that doing business in our country I would love to know if we can use such insurance to any private hospitals around the country
Yes, they can be used in private hospitals in the Philippines. Check out the spreadsheet in the video description. It has links to the hospital affiliations of the health insurance companies. Thanks for watching.
Why no information about the elderly who need medical insurance coverage beginning at age 80.
I want to bring my mom but I need health insurance for her.
Thank you so much for this. I hope there is something for other ages, like 50 or 50 years old. For some relatives in the Philippines.
I hope so too!
Hello po Ate Gi, na mention nyo po s vlog nyo na to, about buying 1 share of stock s isang ginagawa p lng m Hospital, try nyo po Sto Tomas Doctors Hospital and Medical Center. Kz ofw dn po aq at kumuha po aq jan ng 1 share of stock…
Hello @conradodonalowagan1785 Thank you for this information. Where is that hospital located? For the benefit of the other viewers who may be interested. Maraming salamat ha!!
@@official_ate_gi_channel hello po Ate Gi, located po xa sa Sto. Tomas, Batangas Po…
@@conradodonaldowagan1785 Salamat! Diyan lumaki ang Mama ko 😊
Great job with blogging this info.
Thank you!
Thank you so much for this!
Thank you for this info!.. I like your channel.. very informative.. keep sharing! 😊
Insurance companies in the Philippines is horrendous! A lot of times it takes several years for doctors to get the paid by the insurance. There was a doctor who already passed away when he received the insurance payment for a surgery that he did 10 years ago. That’s why a lot of doctors don’t accept insurance policies
Helpful topic, thanks.
Glad it was helpful! thanks for watching.
Thank you for this helpful video. I'm like you someday my wife and I would be partially retiring in the Phlippines 6 months out of a year - every year.
I always look forward to your videos about retirement and preparing for retirement. Very well researched you did us a favor. Thank you !
I am always happy to know that people actually look forward to my videos. Thank you for always watching!
I like your video you clearly elaborate what is the cost difference between US and Philippines and the services.. very informative thank you.
Glad it was helpful!
Actually, health insurance is the number 1 consideration if we plan to retire sa Pinas. Thank you for the info. Will help me convince my husband😀
Maraming salamat po mam. Will share this info to my friends and loved ones
thanks for watching and for sharing!
Pano ang ang maging shareholder sa hospital stock? Do you have any details about it? Thanks.
Hi! You will need to inquire from the hospitals near you if they offer hospital stock options. Start by asking doctors or nurses that you know who live near your area. Whenyou find one, review the benefits and features if it will provide for your healthcare needs.
Thanks for watching!!
@@official_ate_gi_channel thank you.
For stock option. Which hospital in the Philippines. Right now we have pacific cross. I like the stock option because it’s only a one time payment.
i still don't know. my plan is to call hospitals near where we are retiring. and also call some doctor friends if they know of any. it's got to be a hospital close to where we live. thanks for watching!
Thank you for your research. This is one of the deciding points for most immigrants coming back home. ❤
I'm glad you found the research helpful! thanks for watching.
The information provided is incorrect. If you have Medicare Part C, then you can use it in the Philippines. Medicare Part C is the managed care equivalent of the Fee-for-service traditional Medicare Part A and B.
Really?! That’s great news! Where can we find that information? Thank you.