Posted: Wed Nov 24, 2021 12:11pm
Hi Pabowls,
There are several things that can affect the cost of private health insurance, such as age, pre-existing conditions, and the level of insurance purchased. It's worth noting that basic cover is not sufficient for residency applications. My husband and I, 63 and 61 years old respectively, for mid level cover with no pre-existing conditions, pay €1,780 per year with ASSSA - that's for both of us, not each.
After your first year of residency, you could switch to the Convenio Especial, which is usually cheaper than PHI, at a cost of €60 per person, per month. However, at age 65 this increases to €157 per person, per month, so it really depends on how old you are now and at what age you will retire as to whether the C.E. works out cheaper overall. Another benefit of the C.E. is that it doesn't exclude pre-existing conditions, although you will have to pay for prescriptions, whether you have PHI or the C.E.
Kind regards,
Kim