Health Insurance mandatory for one year O-A visa, such as retirement, starting Oct 31st in Thailand.

The announcement was posted on the Immigration Bureau website yesterday (Oct 8), stating that the change in the Immigration regulations follows the Cabinet resolution made on April 2 this year.

Under the new rule, all foreigners applying for a one-year permit to stay on an O-A visa must have health insurance coverage for up to B40,000 for outpatient services and up to B400,000 for inpatient services.

The order, issued by Royal Thai Police Commissioner-General Chakthip Chaijinda on Sept 27, specifically states that the new rule comes into effect on Oct 31, 2019.

The order also states that policies issues by non-Thai insurance providers will be accepted as long as the B40,000 / B400,000 requirements are upheld.

Additionally, the order published that the full B800,000 must remain in a Thai bank account at least two months before the date of the application and at least three months after the application has been filed – and must never fall below B400,000 throughout the year.

Source: The Phuket News.