Public Vs Private Health Insurance: What’s Better For YOU?

Рет қаралды 1,101

19 күн бұрын

Which is better for YOU: public or private health insurance? 🤔
In this PerFinEx health insurance video, we break down the differences and benefits of public health insurance in Germany and private health insurance in Germany to help you make an informed decision.
Whether you're already in Germany or about to come to Germany, this information will help you choose the right health insurance for your needs. Watch this video to find out if public health insurance or private health insurance is better for YOU.
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PerFinEx GmbH - Personal Finance for Expats
The #1 English-Speaking & Independent Financial Planner in Germany
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Пікірлер: 19

@PerFinEx 17 күн бұрын

Free meeting with us: perfinex.de/meeting

@OfficalStymie 17 күн бұрын

Great value content! Best personal finance channel in Germany! Keep going ❤

@jackleporteur1432 13 күн бұрын

Hi, I plan to leave Germany after having citizenship : the whole process would take a year at least. Do you have any advice if I should switch to private insurance and what can I do to not put much money here .... maybe I would think of returning after some years 10, 15 it depends ! Can you also talk about the possibility to work as a German here in Germany but with home office live in another country. thanks a lot

@dekev7503 14 күн бұрын

What if you want to bring your parents from a 3rd country as your dependents in the new family reunion program while you’re on the private health insurance?

@PerFinEx 14 күн бұрын

Parents are covered neither in the public health insurance nor in the private health insurance. Public health insurance only offers family insurance for kids and spouses if they have no income. Therefore, your parents have to get their own health insurance independent of your health insurance situation.

@dekev7503 14 күн бұрын

@@PerFinEx I kind of suspected that to be the case. In that scenario, what do you think would be the formula/how much do you envisage that they might be made to pay as they’ll be in their late 60s/early 70s?

@antreasvsantreasvs6043 17 күн бұрын

Public Insurance covers also if i go[or happens to be] in other europe union country hospital?? (Greece for exaple)

@PerFinEx 14 күн бұрын

In public health insurance you might be insured outside of Germany if your health insurance gives your the European Health Insurance Card. In private you are usually insured in Europe for an unlimited amount of time and outside of Europe for at least a couple of months.

@andrewandreas5795 15 күн бұрын

In case of a very bad accident or an unexpected chronic disease (cancer, Alzheimer) which insurance would be better?

@PerFinEx 14 күн бұрын

Public health insurance only covers what is in the "catalogue of coverage" with doctors that accept public health insurance. In the private health insurance you can choose the treatments and doctors you like best yourself. So definitely private!

@andrewandreas5795 14 күн бұрын

@@PerFinEx thanks for your answer. But does that mean that one would to choose lots and lots of different kind of treatments in order to be cover against unexpected eventualities?

@argiriskoumtzis6202 17 күн бұрын

Hey Axel, do you have data for how is the premium increasing with time in the private? This is an argument I hear all the time that the private will increase the premiums a lot in the future.

@PerFinEx 14 күн бұрын

Great question! We compared public health insurance vs private health insurance premiums in retirement in this video: kzfaq.info/get/bejne/hMqjd9F-mdDHZ2g.html In a nutshell: Good private health insurance plans with a good quality tend to be very stable with ±0,5% increase per year. That is a lot less than the +3,2% PUBLIC health insurance increase from 2004 - 2024.

@firstsecond9569 17 күн бұрын

If you're on private and become unemployed, can you stay private if you pay the contributions yourself?

@PerFinEx 17 күн бұрын

Great question! Yes, that’s also possible. 👍

@khaled_osman 17 күн бұрын

if you retire in germany, public is almost always the better option since the contribution will be a % of your pension instead of the fixed price which is higher, if you dont plan on staying in germany private is definitely the better option for having better coverage and being cheaper as a high earner

@VikrantSrivastavaMaven 16 күн бұрын

For full transparency: you are offering a free meeting. How do YOU make money by giving me the time and knowledge to suggest a new health insurance? :-)

@PerFinEx 16 күн бұрын

In government-regulated affiliate commissions.