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Old 06-09-2008   #9 (permalink)
whypanama
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Join Date: May 2008
Location: 11.5 KM marker on road to El Valle.
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Hi!
Good points.

We don't have medical insurance except Matt's social security and pay as we go. The doctor runs us about $25 plus the blood work of $40 every 4-6 months to verify his medications. His medications compared to the states are next to nothing, plus we are proud to say he is no longer on blood pressure medicine or lipitor after living here for 3 years and he is down 1/3 on his diabetes medications. This was handled by a doctor in PANAMA and verified by our doctor in Chicago.

When the hospital is completed in Coronado we will get the catostrophic insurance at around $100/month for the both of us.

Home insurance runs around $100/year for coverage - fire in a cinder block home with very little wood due to termites.

Travel is minimal. Panama is our home and we have found paradise! I am going to the states next month and my round trip ticket to NEBRASKA was $450. The 6 kids can see us if they want a vacation from the snow and cold in Chicago, Washington DC or Omaha! We have internet, 800 number in the states that is transfered to my cell phone, and the videocam. We talk and "see" more of our kids that we are here then when we were in the states--they all have kids and with that comes sports and time, let alone extra money with the economy in the U.S.

Taxes aren't relevant because we are pensionado and had our home built and fall under the 20 year no taxes.

Mary
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