Thursday, May 2, 2013
Nobody Wants to Talk About This... part I
I think the question for many expats is whether to risk paying for medical treatment up front and hope that the out of pocket costs don't wipe out our savings or to enroll in a decent international major medical plan that will cost several hundred dollars a year, depending on your age, or a few thousand a year if you are approaching retirement age.
The other option is to enroll in IMSS, Mexico's free (socialized?) health care. Actually, it's not free, but the annual cost for coverage is around $300.00. I'm amazed that Mexico even allows foreigners to participate at such a low cost, especially when most expats are paying very low taxes or none at all to the federal government.
More on our options in part II...