Many Americans especially don’t realize that once they cross the border into Mexico, Medicare benefits are not available. There is some good news here however...
Lake Chapala, Mexico (PRWEB) November 30, 2011
In response to website feedback and lots of direct questions about insurance in Mexico from future and current expats living in Mexico, Gringos in Paradise (.com.mx) will host 3 insurance seminars in the Lake Chapala region of Mexico this weekend. The primary focus of the information seminars will be about health insurance for those living south of border. The seminars are free and will include presentations from licensed agents from the US and representatives from Gringos in Paradise offering American style health insurance options and general information for expats. The schedule for the seminars kicks off this Friday December 2, 2011 at 2pm at the Ajijic Lake Chapala Society offices and community center. A complete schedule is shown below.
Insurance for Americans and Canadians living in Mexico seems to be a hot topic these days as more and more people are migrating south. The warm climate and lower cost of living is a driving force behind the movement but many arrive with lots of questions remaining about immigration, real estate options and of course insurance, especially health insurance in Mexico. The bulk of the demographic of people moving to Mexico is in the baby boomer population and the rules for Medicare as many are well aware can be quite complicated and living in a foreign country certainly can further complicate matters. This weekend’s seminars aim is to answer a lot of those questions and will be an open forum for questions and answers following detailed presentations by the experts.
In speaking with Rudy Deutchmann, featured speaker and founder of Broker Assistance Inc. we gained some insight into the complications and potential solutions; “Many Americans especially don’t realize that once they cross the border into Mexico, Medicare benefits are not available. There is some good news here however with comprehensive international health insurance plans that offer significant savings over comparable policies offered within the US…these plans offer an American style quality of care and are valid throughout Mexico as well as the US and most of the rest of the world.”
We learned more about the actual savings that can be found by living even part time in Mexico and there is good reason people are looking at a move to Mexico as a solution to diminished retirement resources. Beyond the known cost of living savings and the warmer climate, because of the lower cost of care in Mexico and many other countries, insurance companies are able to offer substantial discounts on premiums. Generally speaking if you live in Mexico for 6-12 months a year the savings for insurance premiums can range from 30% to 50% or more annually. This is a very significant revelation for people living on a fixed income. What’s more is these international policies allow for longer term care options based in the US. As an example if you had a serious accident or stroke or became seriously ill in Mexico, you can continue care back in the states and you are fully covered.
All of the seminars this weekend will be held at the Lake Chapala Society office in Ajijic Mexico on the north end of Lake Chapala. There will be an additional seminar on Monday at the Legion Hall in Chapala Schedule for the presentations are as follows:
Friday, December 2, at 2pm - Lake Chapala Society
Sunday, December 4, at 1pm - Lake Chapala Society
Monday, December 5, at 2pm - American Legion Hall #7 (in Chapala)
Seminars will be followed by an open forum Q&A session and will cover topics ranging from insurance, real estate and lifestyle in Mexico. If you are interested in the topic and are not able to attend the seminars this weekend you will be able to view video highlights of the presentations through http://www.gringosinparadise.com.mx about a week after the presentations.