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Ecuador | Are healthcare and health insurance expensive in Ecuador? | Expat Exchange
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Parque La Carolina in Quito, Ecuador

Are healthcare and health insurance expensive in Ecuador?

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When we asked expats in Ecuador if healthcare and health insurance are expensive in Ecuador, they wrote...

"Do get IESS insurance. It will cover your coasts in the event of an accident or illness. As of July 2017, IESS will require payment on verified income, closing a loophole that allowed payment on claimed income. The obligated amount is 17.6% of the monthly verified income and 2.4% for each additional dependent. As an example, an expat on a limited pension of $800 a month would pay $140.80 A retired married couple living on their $1200 a month pay. $240. ," commented one expat who made the move to Montanita, Ecuador.

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" I am convinced that health insurance is a scam and that the cost of medical care is a scam in the USA. It has been proven to me by my experiences and the experiences of others in Ecuador and throughout Mexico, Central and South America. The Allopathic medical system has the worst record in losing patients to life threatening diseases, but the best records in trama cases where you have to air lift a patient to a hospital. I will only opt for Natural healing methods, which really work. I have also seen in the rural areas, a free health clinic with Allopathic medical doctors offering 24 hour service 7 days a week, being ignored by the local population, except in trauma cases. These rural folks go to their local healers and pay a very low fee for herbal and other healing preparations. Why? Because their experience is that the herbal preparations work and also have no side effects. They therefore do not opt for health insurance. ," remarked another expat in Cuenca, Ecuador.

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Are healthcare and health insurance expensive in Ecuador?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Parque La Carolina in Quito, Ecuador
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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