Learning

Bangkok Insurance Brokers Pushes for Healthcare Policy for “All Foreign Retirees” in Thailand

BANGKOK – As the debacle over mandatory health insurance for expats staying in Thailand on Non-Immigrant O-A “Retirement” visas continues to unfold, Bangkok Insurance Brokers Co Ltd (BIB) Managing Director Eric Dohlon, based in Phuket, is continuing his push for healthcare policy coverage for all retirees in Thailand – and he is making good progress.

BIB cooperates with 18 Thai-registered insurance companies, Mr Dohlon explained.

“We will initially choose one insurance company to issue the group policy. When there is sufficient volume of members, more companies will be asked to join,” he said.

Mr Dohlon told The Phuket News last Friday (May 17) that he now has one company ready and more than 2,000 signatures from potential applicants to support the policy, which aims to overcome one of the biggest obstacles older people face when seeking health insurance: pre-existing conditions.

“Pre-existing conditions is normal for people reaching retirement years,” Mr Dohlon said. “Somewhere along the way most older people have suffered one medical condition or another, and this is taken into account when insurance companies calculate their premiums.”

For people in advanced years, blood pressure conditions were among the most common, he pointed out.

Bangkok Insurance Brokers Co Ltd (BIB) Managing Director Eric Dohlon. – Photo by Chris Husted – Phuket News

The risk of not declaring pre-existing conditions can be critical, Mr Dohlon noted. “It does not have to be related in order for the insurance provider to void the policy, and this can happen at the most inopportune time,” he said.

A retiree being taken to hospital for injuries sustained in a motorbike accident might see their policy coverage cancelled literally while they are at the hospital awaiting medical care, all because the retiree did not declare something as simple as high blood pressure in their policy application, Mr Dohlon explained by example.

Mr Dohlon pointed out that all seven companies offering policies vetted and approved by the Office of the Insurance Commission to support the new health-insurance requirement all require applicants to detail their pre-existing medical conditions in order for coverage to be approved.

The policies are being offered through a special website set up at longstay.tgia.org.

Since the announcement, the race to provide health insurance coverage to expat retirees is on, Mr Dohlon noted. “There are at least 10 other companies waiting for their policies to be approved so they can be added to the website,” he said.

STEP BY STEP

Mr Dohlon’s approach is a step-by-step solution, he explained.

“This is the only way this can be solved,” he said.

“First, I need to get a quote from an insurance company. Thai Health Insurance Co Ltd has offered me the best conditions so far. They are offering me a discounted premium, based on the total number of group members,” he explained, noting that the larger the group, the higher the premium savings.

“Second, I have to collect at least 100 applications, then I’ve got my group policy started, and then I can then I add people in ones, twos and threes – but I need the first 100 to start the policy,” Mr Dohlon explained.

“Over 2,000 persons have submitted their names confirming an interest in joining this group policy. After the total number of group members reach 500 persons, we can negotiate more favorable conditions for the group members, including covering certain medical conditions that will normally be excluded from cover,” Mr Dohlon said.

“Then high blood pressure will be covered, diabetes will be covered, and so on,” he added.

The need to policies to includes pre-existing conditions is vital, concurs Swedish retiree Bo Jonsson, who lives in Phuket.

Mr Jonsson is already at the forefront of the push for the Swedish government to provide at least state-subsidised healthcare insurance for expat retirees in Thailand to the same level of coverage that the retirees are entitled to in Sweden and while living anywhere in Europe. As such, Mr Jonsson serves as Chair of the Thailand Federation of Swedish Associations, known simply “SAMS”, the acronym for its name in Swedish.

Health insurance premiums skyrocket for elderly people seeking, and pre-existing conditions is the most important, Mr Jonsson said plainly, pointing out that one insurance company would only offer coverage at B148,000 each for himself and his wife – for just one year.

“That was four years ago, when I was 80, and so far for nothing. Why would we spend this on just one year when we can put this much money aside each year so it is there when we need it?” he asked.

CREDIT CARDS

To this, Mr Dohlon offered another potential solution: credit cards.

“Banks love credit cards, and I will be approaching several major banks to ask if they are interested in creating specific types of credit cards to help solve this problem,” he said.

“Under the new credit cards, people will be able to deposit B440,000 in a fixed account with a credit card issued linked specifically to that account, with the credit cards only valid at hospitals,” he explained.

“That way your money will be sitting in a fixed-deposit account, earning the best money it can while in Thailand, and you will be covered. Now doesn’t that make sense?

“And that’s just one solution. There are other alternatives,” he added.

Regarding future expansion of the proposed health policy itself, Mr Dohlon pointed out that once the policy was created, it could be further expanded to cover people in higher age brackets.

“When the group membership grows, we can negotiate to increase age limits. Both increasing the age limit on application and renewals,” he added.

“An important feature of all Thai Health Insurance policies is that they are valid worldwide, not just Thailand only. Even the cheapest health insurance policy sold in Thailand is valid worldwide.

“Details of the group health policy will be posted on our website ASAP (insurance-in-thailand.com) and emails sent to all persons that confirmed their interest in joining the group,” he said.

By Chris Husted

Learning

First-Time Buyer’s Guide to the UK Property Market

Entering the UK property market as a first-time buyer can feel both exciting and daunting. The process is filled with potential pitfalls and complex decisions, but with the right guidance, it can be navigated smoothly. The estate agents in Yorkshire demystify the journey from the initial decision to buy a home to the moment you step over the threshold of your new property.

Understanding Your Financial Position

The first and perhaps most crucial step in the home-buying process is understanding your financial situation. This includes assessing your savings, income, and current debts. Here’s how you can prepare:

1. Deposit: Generally, you’ll need at least 5% of the property price as a deposit, though aiming for 10% or more can provide better mortgage rates.

2. Income and Expenses: Use a budget planner to assess your monthly income against your expenses. This will help you understand how much you can afford in monthly mortgage repayments.

3. Credit Score: Lenders will evaluate your credit score to determine your mortgage eligibility. So it’s important to have a good credit score, and you should work on it if required.

4. Mortgage Options: Speak to a mortgage advisor to understand different types of mortgages, such as fixed-rate, variable-rate, and help-to-buy schemes.

Getting a Mortgage Agreement in Principle

A Mortgage Agreement in Principle (AIP) is a statement from a lender indicating how much they’ll likely lend you. You will be a more attractive buyer with an AIP as it shows sellers you’re serious and financially prepared.

Deciding What You Want

Before you start viewing properties, it’s essential to know what you’re looking for. Consider the following factors:

1. Location: Proximity to work, schools, public transport, and amenities are key. Research neighbourhoods to find the best fit for your lifestyle.

2. Property Type: Decide whether you want a flat, terraced house, semi-detached, or detached property. Each has its pros and cons.

3. Must-Haves: Make a list of non-negotiables, such as the number of bedrooms, garden size, and parking facilities.

4. Future Proofing: Consider your future needs. Are you planning to start a family? Do you need space for a home office?

Starting the Property Search

With a clear idea of what you’re looking for, you can begin your property search. Here are some tips:

1. Use Online Portals: Websites like Rightmove, Zoopla, and OnTheMarket are excellent starting points. Set up alerts to get notified of new listings that meet your criteria.

2. Visit Estate Agents: Register with local estate agents who can provide insights into the market and inform you of new properties before they’re listed online.

3. Attend Viewings: Don’t rush this part. Visit several properties to get a feel for what’s available in your price range.

Making an Offer

Once you find a property you love, it’s time to make an offer. Here’s how to approach it:

1. Research: Check the selling prices of similar properties in the area to gauge a fair offer.

2. Negotiate: Don’t be afraid to negotiate. The starting point is most usually the asking price.

3. Conditions: You might include conditions in your offer, such as the inclusion of certain fixtures or a specific moving date.

The Legal Process

If your offer is accepted, the legal process begins. You’ll need a solicitor or licensed conveyancer to handle the legalities. Here’s what to expect:

1. Conveyancing: This is the legal transfer of property ownership. Your solicitor will handle this, including conducting searches, dealing with the Land Registry, and transferring the funds.

2. Surveys and Inspections: Arrange for a property survey to check for structural issues. There are different types of surveys, from basic condition reports to full structural surveys.

3. Mortgage Finalisation: Once the survey is complete and satisfactory, your mortgage can be finalised.

4. Exchange of Contracts: This is when the sale becomes legally binding. You’ll pay your deposit at this stage.

5. Completion: On the agreed completion date, the remaining money is transferred, and you receive the keys to your new home.

Moving In

Moving day can be hectic, but planning can ease the stress:

1. Hire a Removal Company: Book a reliable removal company well in advance. Discover the best deals by getting quotes from multiple companies.

2. Pack Strategically: Label your boxes by room and keep essential items accessible.

3. Notify Utilities and Change Address: Inform your utility providers of your move date and update your address with banks, the DVLA, and other important institutions.

Settling In

Get settled. Introduce yourself to the neighbours, familiarise yourself with the local area, and really start to make the place your own.

Here are a few final tips:

1. Safety Checks: Make sure that your smoke alarms and carbon monoxide detectors are working, and make sure that you know where the gas and electricity meters are located.

2. Maintenance Plan: Keep a record of the smooth functioning of your new home with a maintenance schedule, complete with regular checks and seasonal tasks.

3. Personal Touches: Add personal touches to make the space feel like home. This can be from putting up family photos or redoing the decoration in your rooms.

Conclusion

Buying your very first home in the UK is most definitely a milestone, difficult and full of challenges but rewarding in the end. Such a philosophy guides you in understanding finances and knowing what you want to achieve from detailed research, and seeking professional advice that confidently helps you navigate the property market. Yes, the journey may have its hurdles, but in the end—owning your own home—the reward will be worth the effort. Welcome to your new chapter!

Learning

5 Health Benefits of Regular Pedicures

There’s nothing quite like a pedicure to keep your feet looking and feeling their best, but did you know that pedicures do more than simply enhance the appearance of your feet? Many people don’t realize that regular pedicures can come with a wide range of health benefits that can promote the well-being of your feet, so here are some ways that your routine pedicure keeps both your toenails and feet in the best condition possible!

Smoother Skin

One of the biggest misconceptions about pedicures is that they only cater to and look after your toenails. While you’ll definitely be leaving each session with a fresh coat of nail polish, your pedicure can also do wonders for the health of your skin. Aside from trimming and shaping your nails and cuticles, you’ll notice that your nail technician also dedicates a few steps to the skin of your feet.

After inspecting your feet and looking for any issues or imperfections that may need to be addressed, your technician will work on an exfoliating scrub to remove any dead skin cells. This step may also be aided by a foot file, which can be used to buff away any calluses and other problem areas manually.

Softer Skin

After your nail technician addresses all the problem areas of your feet and removes any unwanted dead skin cells, he or she will often massage in a moisturizing product, such as lotion, cream, or butter, to ensure that your skin is properly moisturized. These products contain skin-loving ingredients that will ensure that your feet have everything they need to look and feel their best so that you can walk out of your pedicure with a renewed sense of confidence.

Healthier Nails

After your pedicure session, your nails will not only look better due to the fresh coat of nail polish, but they’ll also be healthier and stronger. This is because your nail technician takes their time to ensure that your nails are properly looked after through steps that include deep cleaning, nail trimming, nail filing, and cuticle care. All of these things work together to prevent issues like ingrown nails from occurring, all the while improving the appearance of your nails.

Increased Blood Circulation

While the specific steps included in your pedicure will depend on the beauty salon, most pedicures will have a massage step somewhere in the mix. One of the often overlooked benefits of these massages is the increased blood circulation, which can deliver more nutrients and oxygen to your feet and nails, promoting their health and appearance. Aside from that, better blood flow means reduced tension and soreness, as well as better distributed heat throughout your body.

Reduced Infections

A significant amount of dirt and bacteria can build up on your feet without you even realizing it, but pedicures can be a great way to prevent these from happening in the first place. The exfoliation step of a pedicure removes dead skin cells as well as all the debris that may have accumulated underneath, and the deep cleaning of your toenails and cuticles also gets rid of any impurities that may have slipped beneath them, which can stop infections from happening.

These are some of the many health benefits that you can look forward to at your next pedicure appointment. However, it’s worth noting that you need to book regular sessions to truly reap all the rewards. This can be difficult, especially when you don’t feel like driving to your nearest nail salon after a long day, but the good news is that you can enjoy the salon experience in the comfort of your own home with a home pedicure service.

Learning

Commercial Boiler Installation Services London

For businesses in the bustling city of London, having a reliable heating system is crucial. Whether you’re opening a new office, expanding your current premises, or simply upgrading an outdated system, commercial boiler installation services for businesses in London are essential to ensure your operations run smoothly and efficiently. Proper installation and maintenance of commercial boilers can make a significant difference in energy efficiency, cost savings, and the overall comfort of your workspace.

The Importance of Professional Installation

When it comes to installing a commercial boiler, professional expertise is paramount. Here’s why:

Efficiency and Performance: Professional installation ensures that your boiler operates at peak efficiency, reducing energy consumption and lowering utility bills. A well-installed boiler can effectively meet the heating demands of your business without unnecessary energy waste.
Safety: Commercial boilers are complex systems that require precise installation to operate safely. Professional installers adhere to stringent safety standards and regulations, minimizing the risk of accidents and ensuring the safety of your employees and premises.
Compliance with Regulations: Commercial properties are subject to various building codes and regulations. Professional installers are well-versed in these requirements and ensure that your boiler system complies with all local laws and standards.
Longevity and Reliability: Proper installation is critical to the longevity and reliability of your boiler. A professional installation can prevent common issues such as leaks, pressure problems, and system failures, ensuring that your boiler runs smoothly for years to come.

Key Considerations for Commercial Boiler Installation

When planning for a commercial boiler installation, several factors need to be considered:

Type of Boiler: The type of boiler you choose will depend on your business’s specific needs. Options include gas boilers, oil boilers, and electric boilers, each with its own set of advantages. Consulting with a professional can help you determine the best choice for your business.
Sizing and Capacity: The boiler’s size and capacity must match the heating demands of your commercial space. An undersized boiler will struggle to meet your needs, while an oversized one will lead to inefficiencies and higher costs.
Location: The placement of your boiler affects its efficiency and accessibility for maintenance. Professional installers can help you choose the optimal location for your boiler.
Integration with Existing Systems: If you’re upgrading or replacing an existing boiler, it’s essential to ensure compatibility with your current heating system. Professional installers can seamlessly integrate the new boiler with your existing setup.

Choosing the Right Installation Service

Selecting the right installation service provider is crucial to the success of your boiler installation project. Consider the following when making your choice:

Experience and Expertise: Look for a provider with a proven track record in commercial boiler installations. Experienced installers can handle the complexities of commercial systems and provide high-quality workmanship.
Reputation: Check reviews and testimonials from previous clients to gauge the provider’s reliability and customer satisfaction.
Comprehensive Services: Choose a provider that offers a full range of services, including installation, maintenance, and repair. This ensures that all your boiler needs are met by a single, trusted source.

In London, ROWLEN is a reputable name known for delivering top-notch commercial boiler installation services. Their team of experts is dedicated to providing efficient, safe, and compliant installations tailored to the unique needs of businesses.

Conclusion

Investing in professional commercial boiler installation services for businesses in London is essential for ensuring efficiency, safety, and long-term reliability. By choosing an experienced and reputable service provider like ROWLEN, you can rest assured that your heating system will be installed correctly and maintained to the highest standards. Proper installation not only enhances the performance of your boiler but also contributes to the overall comfort and productivity of your business environment.

SEE ALSO: