Ricky Batten

What is top-up insurance?

A way to enhance the health insurance offered by your school


Although your school will probably offer you a health insurance plan as part of the remuneration package, it might not be sufficient to meet your needs. But fret not - there is an easy and cost-effective way to enhance these benefits.

Enter top-up insurance. Instead of getting a whole new health insurance plan, which would be a more expensive option and provide you with benefits you don’t necessarily need, top-up insurance enables you to get a customized insurance solution that considers what benefits your existing plan offers (i.e. the plan offered by your school) and fills in the gaps by taking over where your current plan’s benefits end. 

What are the limits of your school-provided health plan?

Before we delve into top-up insurance, let’s first explore the limitations that your school-provided health plan may have. Generally speaking, only top-tier schools provide comprehensive plans with high levels of benefits. 

Most schools provide plans that come with a number of restrictions to make the plan more affordable. At the end of the day, these schools have more limited budgets and have to keep an eye on their bottom line. 

To know the limitations of your school-provided plan, you’ll need to evaluate your healthcare and lifestyle needs, and then compare them with the plan’s terms and conditions. With that said, here are some of the most common limitations of school-provided plans:

1) Restrictions on the providers you can visit/use: Requiring you to use designated hospitals prescribed by the plan ensures you don't visit the most expensive hospitals in Bangkok.

2) Low maximum benefits: While the plan provided by your school may cover many different illnesses, it may only do so up until an annual maximum has been met or feature payout limits for certain kinds of treatment. 

3) Exclusions of certain treatments: These are often determined based on the plan’s historical usage and the demographics of the group in order to be favorable to the insurer’s loss ratio. 

How does top-up insurance work?

So how does top-up insurance work, you may be wondering? Imagine that your school insurance plan only provides an annual maximum limit of THB 1 million and you come down with a life-threatening disease like heart disease, which may require treatments and medicine totaling over THB 1.5 million. In this case, you’ll end up having to pay the remaining THB 500,000 out of pocket.

Unless, of course, you had already purchased top-up insurance beforehand. If you had purchased a top-up insurance plan to provide coverage of THB 500,000 or more, then you wouldn’t have to pay for anything out of pocket. What’s more, the top-up insurance plan can also provide coverage for things that your school health plan doesn’t. These include:

  • Maternity insurance
  • Dental insurance
  • Vision insurance
  • And more.

As I work for Pacific Prime Thailand, a leading health insurance brokerage, I regularly come across expat teachers looking to enhance the benefits offered by their school health plan. If that sounds like you, please do get in touch with me and I can provide personalized advice, a plan comparison, and a no-obligation quote. You can reach out to me at ajarn@pacificprime.co.th or contact my team at Pacific Prime Thailand.




Comments

No comments yet

Post your comment

Comments are moderated and will not appear instantly.

Featured Jobs

Fun Native English Teachers

฿44,000+ / month

Thailand


NES English, Science and Math Teachers

฿42,300+ / month

Thailand


Kindergarten and Primary Teachers

฿42,000+ / month

Bangkok


Principal and Curriculum Developer

฿60,000+ / month

Bangkok


Short-term English Teachers

฿40,000+ / month

Thailand


Filipino Music Teacher

฿27,000+ / month

Samut Prakan


Featured Teachers

  • Anas


    Syrian, 45 years old. Currently living in Thailand

  • Michelle


    Filipino, 22 years old. Currently living in Philippines

  • Melanie


    Filipino, 46 years old. Currently living in Philippines

  • Ma.


    Filipino, 26 years old. Currently living in Philippines

  • Ankit


    Indian, 36 years old. Currently living in India

  • Younes


    Moroccan, 25 years old. Currently living in Thailand

The Hot Spot


Need Thailand insurance?

Need Thailand insurance?

Have a question about health or travel insurance in Thailand? Ricky Batten from Pacific Prime is Ajarn's resident expert.


Teacher mistakes

Teacher mistakes

What are the most common mistakes that teachers make when they are about to embark on a teaching career in Thailand? We've got them all covered.


Will I find work in Thailand?

Will I find work in Thailand?

It's one of the most common questions we get e-mailed to us. So find out exactly where you stand.


Air your views

Air your views

Got something to say on the topic of teaching, working or living in Thailand? The Ajarn Postbox is the place. Send us your letters!


The Region Guides

The Region Guides

Fancy working in Thailand but not in Bangkok? Our region guides are written by teachers who actually live and work in the provinces.


The cost of living

The cost of living

How much money does a teacher need to earn in order to survive in Thailand? We analyze the facts.


The dreaded demo

The dreaded demo

Many schools ask for demo lessons before they hire. What should you the teacher be aware of?


Contributions welcome

Contributions welcome

If you like visiting ajarn.com and reading the content, why not get involved yourself and keep us up to date?