Healthcare may not be the first thing on your mind when you’re planning to move to a new country.
However, healthcare and the associated costs are important factors to consider as you grow older.
Once you move countries, your healthcare plan won’t follow you. Luckily, residents of Mexico will have access to both medical insurance plans and solid medical facilities.
In 2018, a research paper in The Lancet found that healthcare quality and access grew significantly in Mexico from 1990 to 2016. Mexico’s Healthcare Access and Quality (HAQ) index rating rose from 45.5 to 66.3 over that period.
The median HAQ value for all countries in 2016 was 63, and the rating for the U.S. was 88.7. Mexico has also seen a steep drop in infant mortality, heart disease, and stroke in recent years, according to the Organization for Economic Cooperation and Development.
It is important to know ahead of time that most Mexican medical facilities are private institutions. You can find health insurance plans from both local and international providers.
You can even find some banks that offer medical plans. Keep in mind that it becomes more difficult to obtain health insurance after you turn 65, just like in the U.S.
Source: Smart Asset