After two decades of political stability and international aid, Cambodia Expatriate Insurance has become an important consideration for foreigners choosing to live in the country long-term. Cambodia has more or less recovered from its devastating past. Although the country still struggles with mass poverty, with about 17.8% of the population living below the national poverty threshold as of 2022 (World Bank statistics), it has been revamping its economic landscape in the form of sustained growth. Cambodia markets itself as an affordable destination, with the average cost of living approximately 40-60% less than that in Western countries, which is why Expat health insurance Cambodia is essential for those planning to stay for work, business, or retirement.
Healthcare in Cambodia
Many public healthcare facilities in Cambodia still have to contend with a scarcity of resources, especially in areas away from big cities, with a significant discrepancy in quality of health care as opposed to Western-standard hospitals. For instance, the country’s potent UHC (universal health coverage) score was 58 in 2021 by the Global Burden of Disease study, well below regional peers like Thailand (around 78) and Vietnam (approximately 70) (Lancet, 2021), much lower than its regional peers. For urgent or specialized medical treatment, expats often depend on Phnom Penh (that offers private hospitals catering to foreign patients) or go overseas to adjacent healthcare centers like Bangkok or Singapore. Considering the variation in quality and availability of healthcare, specifically in non-city areas, Cambodia Expatriate Insurance plays a crucial role in ensuring access to proper medical care. Many expatriates acquire International health insurance Cambodia plans that comprise evacuation of people requiring medical care and repatriation coverage. Healthcare facilities within Cambodia’s rural and secluded areas usually comprise only fundamental services; for that reason, expatriates who need to be treated or require specialist care may wish to take into account neighboring states such as Thailand or Singapore.
Insurance for Expatriates in Cambodia
If you decide to live a life of an expat in Cambodia, then it is necessary that you acquire Cambodia Expatriate Insurance plan that will cover medical treatment both inside and outside of the country. Medical evacuation and repatriation coverage is also a vital requirement for expatriates residing in Cambodia. Local nationals who can afford global medical coverage should also consider contacting Expat Financial for a quote for Expat health insurance Cambodia plans.
Here is a list of different types of insurance coverage you will want if you are planning to flavor life as an expat in Cambodia:
- International Health Insurance Cambodia
- Expat Life and Disability Insurance
- Evacuation Coverage
- Group Expat Insurance Plans
If you require a quote for Cambodia expatriate insurance, contact Expat Financial today for a quote and to discuss your International health insurance Cambodia requirements.
