How much does luxury health insurance cost?
Those who want to have the comfort of knowing the health
insurance covers annual investigations or even treatment in foreign
clinics, must take out at least several hundred euros annually of
their pockets, but the price of such a policy can go up to as much
as several thousand euros.
Expats and large corporations' managers are the main clients of
"luxury" health insurance, and the number of policies sold annually
can reach several hundreds. However, these clients benefit from the
best conditions, and insurers do not think twice before paying the
bills for some complicated procedures, regardless of where they
were performed.
"The number of policies covering treatment abroad rose visibly last
year, but the market has not reached maturity, yet. We can see
demand increasing for these products owing to the frequent cases of
malpraxis in Romania or of hospitals lacking medical products,"
comments Cristian Fugaciu, general manager of Marsh insurance
broker.
The price of insurance on the basis of which a client has access to
treatment abroad starts from 700 euros per year and can reach
2,000-3,000 euros per year on average in the case of complex
products. There are however policies without restrictions for
insured sums or treatment location that can top 8,000 euros per
year.