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Health Insurance for Non-Lucrative Visa Cost

Looking into the Non-Lucrative Visa for Spain and one of the requirements is a health insurance policy that:
- must be fully comprehensive, covering all health issues without deductibles or co-pays
- must be valid for at least one year and active for the entire period
- must be with an Authorized Insurer approved by the Spanish administration
- must be paid for one full year in advance

Does anyone have experience with this and can advice on possible costs? the policy must cover two, 69 year old adults with no serious medical issues. We would have to retain our US Medicare and secondary insurance in any case as we would be traveling back and forth between the US and Spain. Given that we will retain our US residence (and all the costs associated with that) and the US based coverage, a large health bill in Spain could be a deal breaker.
Thanks in advance!

Posted by
2350 posts

The requirements are so restrictive that they appear to be aimed at putting the non-lucrative Visa out of reach. And that may be precisely their intent.
There is medical insurance for Ex-Pats and that is what I would suggest researching on boards for Ex-Pats.

Posted by
21241 posts

That pretty much describes exactly what I was required to have and do have in Hungary (except I didnt have to pay a year in advance). Mine is an Allianz Expat Policy; but there are others to choose from. No idea of the cost in Spain, but reasonable in Hungary. I will add that they have paid 100% of everything I have needed here for two years now. Regualar checkups (3 doctors x 4 times a year - i am an old fart with "issues"), a few outpatient procedures; one involving a knife, specialists, EKG's ... everything. No deductable no co-pays. They also pay direct to a lot of hospitals/clinics so you just walk in a flash a card and its all free.

By the way, several Expats on this "board"

Posted by
3129 posts

Check out Adeslas.com and Sanitas.es -two of the major insurers. As a guide, for a resident that age it'd run around 1800€ on average.

Posted by
21241 posts

IF Enric is saying 1800 euro a year, that's fantastic. Mine is quite a bit more expensive, but i purchased more than the minimum required. I also kept my Medicare and evacuation insurance for the big problems. But my only remaining US expenses are

  • Storage room for my US life
  • US private mail box with scanning and forwarding services
  • US cell phone (i have a local too, but real advantages to a US phone)
  • Medicare
  • Oh, and a US Address, other than a post office box. My credit card companies required it (BoA and ML), and ML also had other limitations that needed to be addressed.