IMG Global in Panama

IMG Global in Panama

IMG (International Medical Group) offers international health insurance with a focus on flexibility and competitive pricing. For Panama expats, particularly those seeking customizable coverage at moderate costs, IMG provides attractive options.

As a US-based insurer with strong international operations, IMG is well-suited for American expats who want coverage that works seamlessly when returning to the US.

Why IMG for Panama

Flexibility

IMG allows significant plan customization:

• Multiple deductible options ($250 to $25,000)
• Various coverage limits ($1M to $8M)
• Area of coverage choices
• Optional add-ons for dental, vision, maternity

Competitive Pricing

IMG typically offers lower premiums than premium competitors, making it attractive for budget-conscious expats:

• 15-30% lower than Cigna/BUPA for similar coverage
• High-deductible options for even greater savings
• Good value for younger expats

US Coverage Included

Many IMG plans include US coverage by default, valuable for American retirees who visit family or may return for specialized care.

Plans and Pricing

Prices for healthy 55-year-old with moderate deductible. Actual prices vary based on age, deductible selection, and coverage limits.

High-Deductible Strategy

Given Panama's reasonable healthcare costs, a high-deductible plan can make sense:

• $5,000 deductible: Significantly reduced premium
• $10,000 deductible: Very affordable premium, catastrophic focus
• Pay out-of-pocket for routine care at Panama's reasonable prices
• Insurance kicks in for serious illness or injury

Coverage Details

What's Covered

• Inpatient: Hospital stays, surgery, ICU
• Outpatient: Doctor visits, specialists (most plans)
• Emergency: Worldwide emergency coverage
• Evacuation: Medical evacuation and repatriation
• Prescription drugs: Covered under most plans
• Mental health: Limited coverage available

Optional Add-ons

• Dental coverage
• Vision coverage
• Maternity benefits
• Wellness programs

Limitations

• Pre-existing conditions: Subject to underwriting
• Mental health coverage: More limited than some competitors
• Chronic conditions: May have limitations

Who Should Consider IMG

Age Considerations

IMG accepts applicants up to age 74 for Global Medical plans. For Panama's retiree community:

• Age 55: $200-350/month
• Age 65: $350-500/month
• Age 74: $500-700/month

Pre-existing Conditions

IMG uses full medical underwriting, which means:

• Pre-existing conditions may be excluded
• Some conditions may be covered with higher premium
• Healthier applicants get better rates