Allianz Care in Panama

Allianz Care in Panama

Allianz Care offers international health insurance backed by one of the world's largest insurers. For Panama expats seeking solid coverage at more competitive prices than some premium competitors, Allianz provides a strong balance of value and reliability.

With flexible plan options and good coverage at Panama's private hospitals, Allianz appeals to value-conscious retirees and expats.

Why Allianz for Panama

Competitive Pricing

Allianz typically costs 15-25% less than premium competitors like Cigna while offering comparable core coverage. For retirees watching their budget, this makes a meaningful difference over years of premiums.

Financial Strength

Allianz SE is one of the world's largest financial services companies. This backing provides confidence that claims will be paid and coverage maintained long-term—important for retirees who may be on the same plan for decades.

Panama Coverage

• Network access at Panama City's major private hospitals
• Direct billing arrangements available
• 24/7 multilingual support
• Emergency evacuation included

Plans and Pricing

Prices shown for healthy 55-year-old. Actual premiums vary based on age, health history, and selected options.

Deductible Options

Allianz offers various deductible levels to balance premium costs:

• $0: Full first-dollar coverage, highest premium
• $500-1,000: Moderate savings, manageable out-of-pocket
• $2,500-5,000: Significant premium reduction, catastrophic focus

Area of Coverage

• Americas: Most affordable option for Panama residents
• Worldwide excluding US: Good for those who travel but don't need US coverage
• Worldwide: Full global coverage including US

Coverage Details

What's Covered

• Inpatient: Hospital stays, surgery, intensive care
• Outpatient: Doctor visits, specialists, lab work (Classic+)
• Emergency: Worldwide emergency treatment
• Evacuation: Medical evacuation and repatriation
• Cancer: Comprehensive cancer treatment coverage
• Maternity: Available with waiting period

Optional Add-ons

• Dental coverage
• Vision coverage
• Wellness benefits

Limitations

• Pre-existing conditions: Subject to underwriting or moratorium
• Mental health: Limited benefits
• Alternative medicine: Limited or excluded

Retiree Considerations

Long-term Value

For retirees planning to live in Panama for 15-20+ years, the lower premiums compound significantly:

• $100/month savings = $1,200/year = $18,000 over 15 years
• Even modest premium differences add up substantially

Age Limits

Allianz accepts new applicants up to age 74 (with medical underwriting). Policies can be renewed for life once enrolled.

Pre-existing Conditions

Options for managing pre-existing conditions:

• Moratorium: Conditions excluded for 2 years, then covered if stable
• Full underwriting: Individual assessment, may cover or exclude specific conditions

US Coverage Consideration

If you need US coverage for visits home or potential medical care, factor in the additional cost. Americas-only coverage without US is significantly cheaper.