Retiring in Thailand? Don’t Drop Medicare Too Fast

Retiring in Thailand sounds simple until you start thinking about health care. If Medicare usually does not cover normal medical care overseas, why would an American retiree keep paying for it while living in Thailand? In this video, I explain why I am keeping Medicare even though I spend a lot of time in Thailand. I currently have a Devoted Giveback 006 MO HMO plan in Missouri that costs me $38.20 per month after the giveback. For me, Medicare is not my Thailand health insurance. It is my American backup plan. Thailand can be a great place for affordable routine medical care, doctor visits, bloodwork, dental work, and prescriptions. But routine care is not the same as having a plan for cancer, heart problems, surgery, a stroke, or a serious diagnosis where you may want the option to return to the United States for treatment. I also talk about why dropping Medicare Part B too quickly can be risky, especially if you later need to re-enroll and face penalties or coverage problems. This is not Medicare advice, insurance advice, legal advice, or financial advice. I am not an insurance agent and I am not selling Medicare plans. I am simply sharing how I look at this decision as a 66-year-old American spending serious time in Thailand. If you are thinking about retiring, relocating, or spending part of your life in Thailand, this is one of those real-world decisions you should think through carefully before making a move. For one-on-one Thailand retirement consulting, visit: ricksadventurestv.com Topics covered: Medicare in Thailand Retiring in Thailand Thailand health care for Americans Medicare Part B overseas Medicare Advantage overseas Expat health care planning Thailand retirement backup plan Living in Thailand as an American retiree Disclaimer: This video is for general information and personal experience only. It is not Medicare, insurance, legal, tax, financial, or immigration advice. Always speak with Medicare, a qualified insurance professional, or another qualified adviser before making decisions about your coverage.