Medical insurance suitable for overseas migration | SafetyWing

Medical insurance suitable for overseas migration | SafetyWingEmigration

Hello.This is Papazon of the Nomad family.(@nomadkazoku)

Currently, our family is preparing to move to Malaysia.
The biggest concern for our family to emigrate is what to do with medical insurance.

Japan invests 12 trillion yen out of approximately 100 trillion yen each year to maintain the universal health insurance system, which is said to be the highest in the world, and in principle, medical expenses paid by medical institutions are paid by 30%.

Ambulances are also free, and the maximum amount of out-of-pocket expenses for annual medical expenses is set, so you will almost never feel uneasy about medical expenses.

However, if you live abroad for more than one year (without your resident card), you will not be able to continue to join the National Health Insurance.

Therefore, Japanese who move abroad must consider medical insurance by themselves.

  1. Leave a resident card and maintain Health Insurance in Japan
  2. Use ancillary insurance for credit cards
  3. Take advantage of overseas travel insurance
  4. Use local private health insurance

As a result of examining all of these options, I discovered “SafetyWing”.

In this article, I would like to examine in depth whether “Nomad Insurance” provided by SafetyWing is the “ideal medical insurance” that I was looking for.

SafetyWing “Nomad Insurance” for medical insurance after moving abroad

In the first place, what is SafetyWing’s Nomad Insurance?

This insurance product is now capped with medical insurance and travel insurance available in more than 180 countries, compared to “Digital Nomad,” which is expected to reach 1 billion people by 2035.

The actual insurance plan is sold in partnership with Tokio Marine, which is also familiar in Japan.

SafetyWing “Nomad Insurance” the biggest crushing point is zubari low cost.
The only factor that estimates the price of an insurance is too simple: the following three points.

  1. Age (15 days to 39 years old, ~49 years old, ~59 years old, ~69 years old)
  2. Period (5-364 days)
  3. Whether to go to America?

Please try to estimate in your case because it is a great deal of effort.

It’s cheap, isn’t it?

But it’s not a good idea to have cheap insurance.You’re right!
Let’s also check the most important compensation content!

Comparison of medical insurance after moving abroad

First of all, let’s compare the basic items by arranging safetyWing’s “Nomad Insurance” and the other three options in cheap order.*Local private medical insurance was excluded because there is a strong difference between countries.

Creca Ancillary Insu
rance (Rakuten Card)
Nomad In
Overseas Trave
l Insurance (Sompo Japan off!)
National Health Insu
rance (annual income 500)
Monthly (40 years old/person)Free$59.927,180 yenAbout 520,000 yen
Annual amount (40 years old/person)FreeAbout 84,500 yen86,160 yenAbout 624,000 yen
Cost of treatment2,000,000 yen$250,00015 million yen70% based on the cost
of treatment in Japan
Relief costs2,000,000 yen$100,00015 million yen
Deductible amount$250
Compensation periodWithin 3 months92 days
※$1 = 107 yen

We will supplement the advantages and disadvantages of each insurance.

Use Credit Card Incidental Insurance

The characteristics of credit card incidental insurance are as follows.
※ In this comparison, we used the popular “Rakuten Card” for overseas immigrants.

◯ Free
x Low upper limit on treatment costs
x Compensation period is within 3 months of departure

The strongest benefit of credit cards is that they are, to say the least, free of charge.
I feel that there are many overseas nomad advanced users who make full use of incidental insurance for credit cards.

However, in the case of a settlement style like our family, three months of compensation is a big disadvantage.In order to continue compensation without interruption, the plane fare will be hundreds of thousands of yen a year if four family members go back and forth four times a year.

There seems to be a trick to continue the compensation while staying there, but I do not know when the system will change, so it is a little too risky to do it with my family.

Use SafetyWing’s Nomad Insurance

The features of the expected new employee SafetyWing’s “Nomad Insurance” are as follows:

◯ Low cost the upper limit of the treatment cost is sufficient
x there is a setting of the out-of-pocket amount (deductible amount)
× preventive treatment, not compatible with cancer treatment

The benefits of SafetyWing are that they are affordable while focusing on the high cost of medical expenses you want to compensate.

The biggest anxiety when moving abroad is whether you will be able to respond immediate
ly if you have a highly urgent injury or illness.By

showing safetyWing ID-card to the hospital side, it proves that the payment of the treatment fee is compensated, and treatment can be carried out smoothly.

Although the number is still small in the world, if it is a partner hospital, it seems to be possible to respond cashless.

As a disadvantage, the out-of-pocket amount ($250 in 364 days) is set, and you will be responsible for a small amount of treatment.

In addition, we do not support low-urgency medical care such as preventive treatment or cancer treatment.

In my personal terms, this setting is truly exquisite because it is an insurance policy that aims to reduce the risk of paying high and urgent treatment costs.

Use “Overseas Travel Insurance”

The characteristics of overseas travel insurance are as follows.
※ In this comparison, the standard Sompo Japan’s “new overseas travel insurance [off! ] Off)] was used.

Low cost
Increased compensation for death, compensation, and travel
× if you are departing from Japan for the purpose of emigration, you will not be able to join.

insurance costs are relatively cheaper than before, as the name suggests, it is an insurance policy for travel, so long-term migration with an undecided date of return is not covered.

It seems to be usable only for those who leave a resident card in Japan and return to Japan on a regular basis (the maximum compensation period is 92 days)^^

Use the National Health Insurance

There seems to be no merit in continuing to use the National Health Insurance overseas、、、

Not to mention the high insurance premiums, there are other problems with medical expenses overseas besides high insurance premiums.

Japan’s health insurance system includes an “overseas medical care expenses” system that allows students to receive refunds after returning to Japan when they receive treatment overseas.

This system is a mysterious system that compares “actual amount paid overseas” with “standard amount in Japan” (cost in case of equivalent treatment in Japan) and refunds the amount of the amount minus 30% of the out-of-pocket expenses from the lower one.

Reference) Overseas
medical expenses refunds

In addition, in order to maintain the National Health Insurance, it is necessary to leave a resident card in Japan, and not only health insurance premiums but also resident tax and income tax payment obligations will be incurred.

After leaving the country, if an injury or illness that you want to treat in Japan occurs by all means, if it is not a symptom of rush, you can return home, submit a transfer report, and rejoin health insurance on the spot.


So, I investigated whether “Nomad Insurance” provided by SafetyWing was the “ideal medical insurance” that I was looking for.

This time, I compared based on basic information such as cost and compensation amount, but I would like to continue to investigate the detailed compensation contents.

Related|SafetyWing Review|Medical insurance made for Digital Nomad

SafetyWing began offering Remote Health in March 2020.
I compared the difference with “Nomad Insurance”.