Retiring or moving. Understand What to Ask and Where to Look for Health Insurance in Portugal. We discuss the public healthcare system and the private health insurance. Our discussion is designed so you can figure out if you want to add private insurance along side the public healthcare that is provided through residency. We cover questions you will need to ask when searching for a policy. What are your needs? How do I find out what is best for me and my situation. Health insurance needs are different for everyone and there is no one stop shop solution. We hope this video helps you as you are working through your options.
We are on the Island of Madeira in Portugal. Let’s go. It’ll Be fun!
In case you do not know, the Madeira Islands are in the Atlantic Ocean about 325 miles west of Morocco and 625 SW of Lisbon.
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Are you thinking about moving abroad, becoming expats or immigrating? Each week we talk about our journey to retirement, in moving to Portugal, moving to the Island of Madeira and our new experiences. We also answer questions from our viewers! Below we have provided affiliate links as well as website for many of the services we have used. Please note we do receive a small payment if you use our affiliate links.
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About us: We are from the USA and have moved to the beautiful Island of Madeira in Portugal. We are very grateful to have this opportunity. We have put together this channel to talk about our journey.
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Are you moving to Portugal or Madeira Portugal? Then this is the channel for you. We are living in Portugal as expats / immigrants. We hope you enjoy our content.
Enjoy Your Journey!
Mantra
I’ll be Fun, Greer.
We are on an Island in the middle of the ocean off the coast of Morocco!
It doesn’t suck.
Come along and join us.
The Man, the Myth, the Dude…
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Hello Alan,
Just stumbled onto your videos and I am finding them very informative. I was hoping you could clear up my confusion on one issue though. Is a monthly passive income required along with the 2 years of minimum wage for the visa income requirement, or is it just the 2 years of minimum wage only (as the passive income)? I am wanting to begin remote working once living in Madeira, instead of prior to moving. Too young for pension or SS. I have researched multiple sites but can't seem to clarify this. Thank you so much for all you do!
Cori
Not really anything other than how to shop for insurance.
Alan, would you mind telling us approximately how much money a couple in their 50s would need to have in savings to live a similar lifestyle to your own? Just looking for a rough back of the envelope number. Based on your videos (which I enjoy!), my wife and I have a similar circumstance, and needs, of your own. We currently own a house in the Pacific NW and are looking to retire immediately from healthcare. Thanks in advance!
Thank you for these informations but its from the perspective of usa private insurance.Can you gives us more information about the social health care system/ pensions,olderly people care etc???
Very informative and NECESSARY topic. After a lifetime of contributions and being taxed by the US Gov't far beyond what I received or used, the entire Medicare and medical insurance issue bothers me. I was a caregiver and responsible party for several elderly people in my family — more than most, I'd say. I witnessed how elderly relatives experienced a decline in cognitive ability. Yet the government bombards seniord with forms and documents and Part A, Part B, Part C, Co-Pay and Supplements and lab work not covered and prescriptions and more co-pays. So again, after a life-time of having approx 35+% of my income seized annually by the government, why, in the twilight of life, can't we just do away with all the incredibly expensive bureaucratic nonsense. Give the elderly an ID card, it entitles them to everything they need at no charge, no co-pay, no supplemental insurances, none of it!!! Sorry for rambling, but in the sunset of my life, I'm not certain I'll be able to keep it all straight. Just keep paying and it never ends. We all know there must be a better way, glad for you that you escaped when you could.
Olá Alan and Leslie – Thanks for another great video. We appreciated your great tips and suggestions about what you need to take into account when considering the various healthcare options in Portugal. It's something that is so individual, you definitely need to do your own research. Obrigado!
Thankyou for your informative and entertaining videos which we enjoy very much. We would be interested to know what organised activities/clubs there are on the island that retirees could join in.
Thanks again Alan for your info. We are also thinking if MGEM or possibly Medis, if Medis is available on Madeira. Would Elmigrante know the answer or an insurance broker? What insurance broker did you use? PS, we booked our flights for the month of October in Madeira!. Hope to see you there! We'll book a time soon with you.
Olá Alan and Leslie. My wife and I have been enjoying your videos. We have a 3 month vacation booked for Sep-Nov which will include going to Madeira on a fact-finding mission (I’m 67/retired). I hope we have the chance to meet.
Obrigado por todas as informações valiosas.
MADEIRA AWAITS. BE CURIOUS.
BODY. MIND. NATURE. MADEIRA.
CHEERS.
Very informative and helpful for a lot of people want to move there. Thanks for sharing.
Thank you for this helpful video! I am using Winsurance and they will help find the correct policy. The trick is what to do with my Medicare coverage. I have a long-term care policy that is only good in the US.
What an excellent overview and series of points to consider! Thank you!
Thank you. Next question: how are the Portuguese dealing with climate change?
I love the music….
Well done and helpful.
To all the Americans expats living in Madeira Island.
HAPPY 4th OF JULY LONG WEEKEND!
HAPPY INDEPENDENCE DAY, Y'ALL!
CHEERS
CARL (Toronto, Canada)
The Hubby and I are SOOOOOO appreciative of you. What wonderful, important information. Well researched and thoughtful. Excellent video! Portugal is breathtakingly beautiful. We're grateful. 🙏 Thank you!!!
I love how you structure your sightseeing with Q&A. So much better than a talking head sitting in their living room. Wonderful job!
Just adding that MGEN is great cause it accepts pre-existing conditions, however, it is offered to families only, and not individually. Also afraid to say that when u shop for private insurance in 🇵🇹, if you declare pre-existing conditions, most ins. co. will not accept you. My aunt is a heavy lady, and was interviewed by various insurance companies to do a phone medical review. She has been healthy so far but at 185lbs =93kg she is overweight and declared such. She got turned down by 4 different companies until a kind health insurance rep told her she needed to lose at least 5kg. She did, gave a lower weight at another medical ins. interview and got approved. The best coverages are given by Zurich, Medis, Medicare amongs other insurers. I have my policies with Fidelidade Seguros. They work with our own Medicare plan (nothing to do with the 🇺🇸 version) for health coverage. I am 60 yrs old and I have had my health policy for two years. I ve used it for physical therapy, orthopedic specialist visits, EKG's and 3 MRI's and because of that and increasing age, my rate already went up by €12, but I can live with that. My MRI's were €60 out of pocket each. It covers pretty much everything I might need including International care. This costs me now €120 per month and I have no pre existing conditions.
Excellent video. Thank you
Thank you for the information! Sounds complicated but healthcare is complicated. My question is are costs lower for general care in Portugal?
Boa tarde! The bug broke down on our way to a levada walk on the west end of the island today. Alan fixed it!
Anyway it is high season here on the island and you will see we are the only ones here. It was great!
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Enjoy your journey!