Paraguay is a landlocked country in central South America and has a small population of just over 6.6 Million people. Paraguay is a nation of many contrasts – from sophisticated to rural and from poor to very wealthy. The country continues to experience uneasy civil disruptions and power struggles since the ousting of the dictatorship in 1989. Unfortunately, the country has few mineral or oil resources and primarily relies upon agriculture.
The population are mostly a mix of Spanish and Native American descent. There continues to be widespread corruption and crime in the country, so expats should take extra precautions when living or travelling to Paraguay. However, the people are friendly and the cost of living for expats is low. Also, the country has private schools and clubs that expatriates can access.
Healthcare in Paraguay
The country ranks near the middle of health indicators in South America and the best healthcare outcomes are for people who reside in the main cities, such as the capital Asunción. While health spending has increased over the years, actual health improvements have been slow. Thanks to poor government funding, Paraguay’s public hospitals and clinics are not generally up to Western standards, especially in the countryside. If you are travelling or living in Paraguay, it is critical that you obtain a comprehensive global medical insurance plan that will cover treatment inside and especially outside the country. A medical evacuation is an important option for you to obtain.
Insurance Plans for Expats in Paraguay
It is difficult to obtain quality private health coverage from local insurers in Paraguay. Expat Financial can source coverage for expatriates in Paraguay, especially through our comprehensive expat health plan with Cigna International. We can also source global benefit plans for companies with expat employees in Paraguay and elsewhere in South America. We can even source international health insurance for local nations there with some insurers we offer.
Here is a list of different types of insurance coverage you will want if you are planning to venture into Paraguay:
- International Health Insurance
- Expat Life and Disability Insurance
- Travel Insurance
- Evacuation Coverage
- Special Risk Plans
- Group Expat Insurance Plans
If you require a quote for Paraguay insurance, contact Expat Financial today for a quote. Please send along any important risk information that may be available.