Are There Any Elite Health Insurance Companies in Mexico?

Much is said about the quality of insurance companies in Mexico and whether or not they will meet or exceed the level of coverage and service that companies in the U.S. offer. But many people are surprised to find out that there are health insurance companies in Mexico that have existed for many years and that compete with, and in many cases beat, the quality and level of service provided by the best companies in the U.S., Canada, or Europe.  Not to mention the cost of a policy in Mexico can be 40%-70% less expensive!

Some companies like Pan American Mexico, or Bupa Mexico, are considered premier or elite companies in the health insurance industry around the world, and cover you around the Globe (including the U.S.).

Pan American Mexico, for instance, was rated as a ¨AAA¨ company with a stable outlook by Fitch Ratings this past November 6^th, 2015. It is a company that guarantees satisfaction of the highest level, and allows their clients to access the best hospitals and doctors throughout the world.

Bupa is another world-class company that has made a name for itself as one of the most recognized brands around the world, not just in the insurance industry, but also as a strong and distinctive brand that inspires trust.

Some people say ¨I just don’t want to drop my current policy from the U.S. for another in Mexico that I don’t know for sure will cover me¨ and ¨the premium of this policy seems too good to be true¨.  This is especially true when the policy in Mexico is sold at a much lower premium than in a person’s home country, particularly the U.S.  However there are logical reasons that make policies purchased in Mexico much more affordable.  The strong U.S. dollar is a factor, healthcare costs in general here in Mexico are much lower, there is far less litigation, and less bureaucracy.  These all translate into cost savings without sacrificing coverage or quality of service.

I can’t remember how many clients told me they had no idea these kind of companies existed in Mexico or that they had been looking for a policy of this kind in Mexico for a very long time. Well, they do exist, they do cover you worldwide, and they are as good as the best companies in other places. It’s just a matter of explaining to your agent exactly what you want in terms of coverage benefits, deductibles, and to match them with premiums that fit your budget.  This dialog with your insurance agent should lead to an insurance company that is the best fit for your individual needs and situation.