Customers, especially expats working and living in Viet Nam, prefer buying international health insurance products in the country thanks to a wide range of coverage, local and abroad alike.

More and more expats are working and living in Viet Nam

Viet Nam has become increasingly popular as an expat destination in recent years, and it is now recognised as a safe place for foreigners to live and work. Expats are attracted by the pleasant weather, low cost of living, lively culture and steady improvement in infrastructure. In addition, the availability of international medical services, including health insurance, is also a key reason for expats to choose to live in Viet Nam.

In fact, in the past few years there has been a dramatic improvement in healthcare in Viet Nam. New hospitals have been built in several smaller cities, including Nha Trang, Vung Tau, and Phu Quoc apart from big cities like HCM City and Ha Noi.

Now thousands of expats living in Viet Nam primarily use health insurance provided by insurers in their home countries. In fact, foreigners who do not but insurance in Viet Nam have to send their medical bills to an overseas insurer for reimbursement after getting medical care here. This cross-border claim settlement process takes one-two weeks on average. Thus, when moving to Viet Nam, expat health insurance is an important item to research. The healthcare system in Viet Nam is safe and respectable in urban centres, with rural areas struggling to get the funding necessary. So, they see a big need to have a health insurance policy that covers major medical situations, accidents and medical evacuation.

Vietnam’s health services have vastly improved in the last few years

Expats should buy an international health insurance policy, according to experts. First of all, a good international health insurance policy helps an expat cover all medical costs (tests, hospitalisation, visits, surgery) right in Vietnam, emergency transportation, repatriation and medication. In case of any serious injuries or illnesses, they quickly have good quality treatment in Viet Nam or travel to the closest city for consultation.

Moreover, international providers provide full cover for any treatment anywhere in the coverage area. This also includes the price discrepancy between their country of residence and the country where they get treatment. The insurer should design specific health insurance products for the Vietnam market to provide expats a worry-free stay with a range of unique features and optional covers. Group and family discounts as well as many flexible benefit options will ensure we can meet their needs.

In addition, since they live far from home, expats need comprehensive insurance that fully protects them from risks. Such insurance has many flexible benefit options such as cover for illnesses and accidents, medical examination and treatment in Vietnam or abroad among others.

Liberty HealthCare covers medical examination in Vietnam and abroad, free medical checks, vaccination and much more.

Among many health insurance providers in the market, expats prefer Liberty HealthCare because of its comprehensive coverage, including for illness and accidents and treatment of cancers. More importantly, foreign customers of Liberty in Viet Nam do not need to send their medical bills to an overseas insurer for reimbursement after obtaining healthcare services here since Liberty has an international network.

In addition, Liberty has launched healthcare insurance packages designed for expatriates living in Viet Nam as well as the burgeoning local middle class. It covers medical examinations in Vietnam and abroad, free medical checks, vaccinations and treatment and stay at hospitals apart from full payment for surgery among others.

The health insurance packages allow expats to get regular health checks for early diagnosis and cover their expenses if they suffer from cancers besides many other benefits.

Most importantly, Liberty Healthcare helps customers prevent illness, enable early detection, reduce treatment time, and increase treatment effectiveness through periodic medical checks or no cost for examinations. Accurate, quick and fair compensation procedures along with a 24/7 customer service centre are great additions to this package.

With self-selected hospital benefit, Liberty offers in-patient treatment at leading partner hospitals and clinics in Ha Noi, Da Nang and HCM City. If customers buy Liberty Health insurance, they can also use the 24-hour free medical consultation service provided by International SOS.

Liberty Healthcare covers medical examination and treatment in Viet Nam or overseas costing up to VND22 billion.