Select Mexico Properties

Many retirees consider a move to Mexico because of the amazing cost of living here. Most purchases cost between 50% and 75% less than they do in the United States. There are some exceptions, but the “big-ticket” items for retirees are very inexpensive here. Puerto Vallarta health care is one prime example.

A second reason that retirees consider a move to Mexico is the cost and availability of medical services. Puerto Vallarta has two brand new hospitals that provide coverage for just about any health specialty you can think of. You can get all of the state-of-the-art diagnostic tests here as well as emergency treatment and ongoing care for diagnosed and chronic conditions.

This is good news, considering that the average American retiree can expect to spend $250,000 on uninsured medical expenses after the age of 65. For retires who live into their nineties, the uninsured medical costs can soar above $400,000. In addition to finding steep discounts on high-quality medical care, retirees here can expect to find similar discounts on prescription drugs, the other major expense in retirement.

One concern about moving to Mexico is the fact that Medicare will not pay for any health care here. Many retirees believe that Medicare covers most or all of your health care needs after you retire. Unfortunately, Medicare only covers a portion of your health care costs. The rest is up to you.

The cost of health care is such that in the US, retirees may spend more on their health care needs even with insurance coverage than they would spend if they received the same care in Mexico with no insurance coverage at all. To make matters worse, the cost of health care has long outpaced inflation, so the percentage of income spent on health care needs after retirement is steadily rising.

If you’re concerned that the high cost of health care will leave you without sufficient capital to meet your health care needs, consider the broad availability of low-cost Puerto Vallarta health care services when you’re making your retirement plans. For more information about Puerto Vallarta health care services, please contact a Select Mexico Properties sales representative today.

Photo Credit: Iwan Beijes