What happens if a retiree without Chinese health insurance develops cancer, suffers a heart attack or stroke, or needs intensive care? Using real treatment costs, this article tests whether a $60,000 major-illness reserve provides a meaningful financial cushion—and compares China’s low-price self-pay model with the risk protection provided by U.S. Medicare.
Tag Archives: Medical Expenses
How Much Does a Year of Health Care Cost in China Without Insurance?
How much should a 70-year-old retiree without Chinese health insurance budget for medical care each year? Using actual public-hospital prices for doctor visits, laboratory tests, chronic medications, CT, MRI, and colonoscopy, this article builds an annual health care basket and compares it with the insurance-based cost structure of U.S. Medicare.
Can You Retire in China Without Chinese Health Insurance?
Does retiring in China without Chinese health insurance have to be financially risky? When lower medical and long-term-care costs are combined with U.S. Social Security and retirement savings, self-funding may become more viable than it first appears. We stress-test the numbers through serious illness and long-term disability.
