Medical Tourism Gets a Boost With New One-Year Visas

[reader]

From Bloomberg News

Thailand will start issuing one-year visas to people seeking medical treatment, as the Southeast Asian nation positions itself as a global hub for health-care tourism in the post-pandemic era.

The Cabinet on Tuesday approved a proposal to lower the fee for such visas to 5,000 baht ($140) from 6,000 baht mooted a year earlier, Tipanan Sirichana, a deputy spokeswoman for the government, said in a statement. The new permits will be issued starting Jan. 1, she said. 

The medical visas will allow foreign patients to fly in and out of Thailand besides allowing them a maximum stay of 90 days at a stretch, Tipanan said. Applicants will need to produce evidence of a hospital appointment, health insurance and proof of adequate financing for treatments covering at least 800,000 baht, she said.

Thailand is seeking to lure more foreign visitors in the post-Covid period by promoting itself as a world-class destination for medical treatment, with hospital operators such as Bangkok Dusit Medical Services Pcl and Bumrungrad Hospital Pcl leading the efforts.

The medical visas will be restricted to patients that require continuous treatment for more than 90 days, and hospitals will need to outline a concrete treatment plan and expenses for the applicants, Tipanan said. Applicants can seek an extension beyond one year only if they provide medical certificates.

Treatments for cardiovascular disease, cancer, organ transplants, anti-aging and cosmetic surgery could qualify for the new visas, she said.

 

[Mavica]

Realistically, how many foreigners (i.e., from the USA) have insurance coverage that will pay for a surgical procedure/vacation in Thailand?  Unless I've misinterpreted the article above, in addition to insurance I would need to demonstrate I had additional access to US$22,000 cash or credit.  Uninsured, or underinsured and/or foreigners without substantial financial resources are excluded.

[reader]

True, but they’re targeting those whose coverage doesn’t cover extended care or those who desire a high quality product at a much lower cost. With high disposal income, Middle East countries have always been a prime source of business. And upper income Indians are adding to that list.