Like many visitors and retirees to Panama, I had read about how good the health care is in Panama and how affordable health insurance is. Yet, when I went to get some quotes for health insurance I was quoted fairly high prices, not that far off US prices in many cases, with lesser cover.

I recently came across a health plan that seems to be the best I have seen so far. Unfortunately it is all in Spanish, but I understand enough to get the basics. It is a PPO with just Panama coverage, and as an example the cost for a 50 year old man is less than $60 per month. The limits and co pays I think are pretty good. Anyway, if there is enough interest I may have the information translated into English for other expats to look at. Please contact us if you want more information and we can put you in touch with an English speaking rep.

Please note that there is no benefit to us by recommending this health insurance policy or company over any other, just based on our personal experiences which we are trying to pass on to other expats.

Health tourism has certainly thrived in Panama making it the Mecca of global health tourism. Here, treatments like cosmetic surgery, chronic renal failure and even spa Treatments are attended. Seamless treatment methodology with improved medical facilities and experienced doctors are found. The airfare is inexpensive and you will be at ease with the country’s official currency, which is in dollars.

Health insurance in Panama is presently reaching great heights. Before going to the details about health insurance in Panama, let’s share one or two words about health insurance in general. Health insurance acts as a protective shield for you and your family from escalating financial hardships at the time of ailments. Before thinking of Panama health tourism, you should know about the four basic health insurance types.

Individual medical coverage is the first type where people who are not either covered by their employer or their family gets coverage under it. Medical supplement insurance, the second type, is designed for elderly people seeking additional coverage for medical expenses that normal policies don’t cover. Hospital income insurance is the third type. This complements your main health insurance scheme, taking care of unforeseen expenditures. The last one is disability insurance, coming in several forms. Now we will know about health insurance in Panama in particular. The next eye surgery in Panama or an angioplasty treatment of any of your near and dear ones is about to be pocket-friendly once you secure suitable coverage.

Many local insurance companies offer health insurance in Panama at modest rates. You need to spend about 35 USD per month on an average. The plans are highly suitable. While on Panama health tourism, it is not difficult to find schemes that covers anywhere from 80% to 100% of your medical bill. If you are below 60, health insurance in Panama will have 1M USD coverage. If you are on the other side of 60, you may get coverage of up to 500,000 USD. Health insurance in Panama has co-pay plans as well. You can get coverage from anywhere between 300,000 to 500,000 USD in such plans.

Diseases like neurological illnesses, chronic renal surgery, cancer, angioplasty and organ transplants are covered under the health insurance in Panama. Not just that, it covers in-patient and outpatient treatments as well. However the best part about health insurance in Panama is that here insurance malpractice is negligible. Begin considering Panama as a medical treatment destination and not just the resorts and spas in Panama.