Select Mexico Properties

Buying real estate in Mexico will not only benefit your pocketbook. It just may benefit your health, too! Most retirees won’t have employer-provided health care, so medical expenses after retirement will be coming out of savings or retirement income. This isn’t so bad, if you don’t mind spending between $200,000 and $650,000 on medical expenses. If this number seems shocking to you, or you’re wondering whether you have enough to cover your medical expenses, you’re not alone.

Retirees and soon-to-be –retired workers are more concerned about the cost of health care in retirement than anything else. Medicare, which most people qualify for, covers only a fraction of the cost of medical care in retirement. Until recently, there was no prescription drug benefit, and the drug benefits that exist now are insufficient to cover the cost of many newer drugs. In addition, analysts estimate that by 2010, retirees will be spending 40% of their Social Security income on Medicare premiums, co-pays and deductible expenses.

Contrast that picture with the health care scene in Mexico. While hospitals accept insurance payments, most people in Mexico aren’t insured. Doctors still work in hospitals and clinics, but they also make house calls. The hospitals in Puerto Vallarta are modern, as modern as ones you’ll find in the US. The same specialties are offered, and many procedures that aren’t even available in the US are performed here in Mexico, at a cost that is 50% to 75% less than you’ll find in the US. The same drugs used in the US to treat illnesses and chronic conditions are prescribed in Mexico, again at a cost of about 25% to 50% of what you’ll pay in the US.

It’s no wonder that so many people are buying real estate in Mexico. Puerto Vallarta is a choice place to live in Mexico, because of its easy access and its recognized standing as a tourist destination. Medical services are very modern here. Medical tourism is alive and well.
Buying real estate in Mexico – particularly in Puerto Vallarta – means that you’ll have access to high quality medical care here. You can get all of the same diagnostic work, the same surgeries, the same treatments and recuperative care, but you’ll pay significantly less than you would for the same treatment in the US. The availability of high quality medical care is one reason that so many people are buying real estate in Mexico.

If you’re looking for ways to beat the high cost of retirement, look no further. Instead, contact a Select Mexico Properties sales representative today. and let us show you how to stop worrying about the high cost of health care and start enjoying your retirement.

Photo Credit: Simon Cataudo