Why Choose Deductible Health Insurance?

Young generations, despite their age, should start planning for their health early on. With a fast-paced lifestyle driven by work and personal activities, health problems can arise. Choosing the right health insurance is crucial for new generations. It’s important to select a policy that meets your needs while ensuring that the premium is affordable for your income. Opting for deductible health insurance, which includes an initial out-of-pocket payment, can help lower premiums. Let’s explore what deductible health insurance is and why it’s a great choice, as explained by Muang Thai Life Assurance.

What Kind of Health Insurance Should the Young Generation Choose?

Before diving into deductible insurance, let’s start with tips for selecting health insurance tailored to the younger generation. Most Gen Z and Millennials are either young professionals, first jobbers, or freelancers. Regardless of their career path or existing corporate benefits, having personal health insurance can provide peace of mind and financial security.

When buying health insurance, you should evaluate your income and current benefits to ensure they are adequate. A suitable premium should not exceed 10-15% of your total annual income. For example, if you earn 20,000 Baht per month, your annual income will be 240,000 Baht; a premium of 10% would be 24,000 Baht per year. Here’s a checklist to help you choose the right health insurance:

✅ Look for plans with a single lump-sum coverage limit to avoid worrying about treatment costs.

✅ Coverage of common illnesses, critical illnesses, and accidents.

✅ Opt for plans that provide full coverage for standard private rooms during hospitalization.

✅ Convertible option: If possible, select a plan with the flexibility to adjust your deductible in line with changing benefits.

✅ Choose a plan that fits your budget to avoid missing payments and ensure uninterrupted coverage.

What is a Deductible, and How Does It Benefit You?

Most employees already have company-provided insurance or benefits, but the coverage for room and treatment expenses might not be sufficient. For those looking to enhance their coverage without paying high premiums, opting for health insurance with a deductible is a smart choice. The higher the deductible you select, the lower your premium will be—making it ideal for the new generation.

What is deductible health insurance? It’s a type of health insurance where you pay the initial portion of your medical expenses (the deductible), and the insurance covers costs that exceed this amount as outlined in the policy. For example, let’s say Mr. D has group insurance from his company with coverage of 30,000 Baht. If Mr. D incurs hospital expenses totaling 40,000 Baht and has individual health insurance with a deductible of 30,000 Baht, the group insurance will cover the first 30,000 Baht. The remaining 10,000 Baht will then be covered by Mr. D’s individual health insurance, meaning Mr. D doesn’t have to pay anything extra.

Having health insurance before you fall ill reduces the financial burden of medical expenses. When choosing health insurance, consider not only coverage and premiums that fit your income but also policies with deductibles to keep costs affordable.

Boost your confidence with D Health Plus; this health coverage is designed for the new generation, offering lump-sum coverage of up to 5 million Baht (1) for everything from minor ailments to serious conditions—all for less than 53 Baht per day (2). Plus, it includes a convertible option to adjust your deductible without requiring a new health declaration. Tailor your plan to match changes in your benefits seamlessly.

✅ Whenever symptoms occur, all expenses are covered under a single limit, including standard single rooms, ICU rooms, doctor fees, medication, diagnostics, and surgeries—paid as billed.

✅ No Waiting for Admission: Stay in a standard single room at any hospital without delays.

✅ Flexible Plans: Adjust your plan to include a deductible option for lower premiums, and upgrade it when you reach retirement age.

✅ Be Prepared Now: Enhance your coverage with Care Plus, offering medical expense coverage for all stages of cancer and chronic kidney failure, both inpatient (IPD) and outpatient (OPD), up to 10 million Baht per year(3).

We've already got ours—have you?

For more information

✅Call. Tel. 02-015-5447 during 09.00 - 17.00 hrs.

✅ Contact a life insurance agent.

(1) For choosing coverage plan of 5 million Baht which is per treatment.

(2) For a 25-year-old male insured who chooses 5-million-Baht coverage in annual premium payment mode.

(3) For choosing coverage for cancer and chronic kidney failure with Plan 5 Million Baht

• D Health Plus Rider must be purchased to be attached to the effective policy.
• Coverage period of this rider must not exceed the coverage period of the life insurance that this rider is attached to.
• Care Plus shall cover medical expense benefits for cancer treatment and/or chronic kidney failure for the treatments specified by the Company
• Premium is eligible for tax deduction. Conditions are as specified by the Revenue Department.
• Underwriting is subject to the Company’s rules.
• Conditions are subject to the medical standards and necessity.
• Please study the details of coverage, conditions, and exclusions before making a decision to purchase insurance.