When moving to Germany for studies, one of the essential tasks international students must address is securing health insurance. In Germany, health insurance is mandatory, and students have the option to choose between public (GKV) and private (PKV) health insurance. However, for students over the age of 30, public health insurance is typically not available, leading them to explore private health insurance options.
This guide provides insights into whether international students can obtain private health insurance in Germany, the benefits of choosing PKV, and key considerations when selecting a plan.
1. Eligibility for Private Health Insurance (PKV) for International Students
For most international students under 30, statutory health insurance (GKV) is the default option. However, once a student turns 30, they are generally no longer eligible to enroll in GKV as a student. At this point, private health insurance (PKV) becomes the primary option.
Private Health Insurance After 30: Students who are over 30, or those who have been in Germany for more than 14 semesters, are typically required to switch to private health insurance. While some students worry about this thinking PKV as a limitation, private health insurance offers certain benefits that might be advantageous depending on your personal situation.
2. Benefits of Private Health Insurance for Students
We have already outlined the benefits of having a private health insurance in our another post. But, here’s a quick overview once again outlining the benefits.
While public health insurance is widely used among students, private health insurance comes with several benefits, especially for older students or those with specific healthcare needs:
- Tailored Coverage: Private health insurance allows students to tailor their coverage to their specific needs, which can include additional benefits such as dental care, vision care, and alternative treatments not typically covered by GKV.
- Faster Access to Specialists: PKV often provides quicker access to specialists, reducing waiting times for appointments and treatments—a significant advantage for students who may need specialized care.
- Choice of Doctors and Hospitals: With private health insurance, students have the freedom to choose from a broader network of doctors and hospitals, including private clinics and renowned specialists.
- Customization and Flexibility: Unlike GKV, where contributions are income-based, PKV premiums are determined by individual factors such as age, health status, and the level of coverage chosen. This means that younger, healthier students might find private insurance more affordable, with the ability to select a plan that fits their budget and health needs.
3. Affordable Private Health Insurance Options: Allianz and Others
One of the primary concerns for international students considering private health insurance is the cost. Fortunately, there are budget-friendly options tailored to students, such as Mawista, which offers specialized plans designed to be affordable while providing adequate coverage for most student needs.
Allianz Insurance: Allianz is a popular choice among international students in Germany due to its affordability and straightforward application process. It provides coverage for essential healthcare services at a lower cost compared to other private health insurance options. However, it’s crucial to carefully examine what is covered by such plans to ensure they meet your specific needs.
Caution: While Allianz and similar plans are attractive due to their low premiums, students should carefully review the coverage details. Some budget private insurance plans may have limitations in terms of services covered, co-payments required, and reimbursement processes. It’s essential to understand what is included and excluded to avoid unexpected costs. That’s why we constantly advise expats to get in touch with experts who can guide with the right information. You could get in touch with us and we shall help you out with everything in English! One more advantage of opting FinXpat.
4. Key Considerations When Choosing a Private Health Insurance Plan
When selecting a private health insurance plan, international students should consider several factors to ensure they choose the best option:
- Coverage Details: Make sure the plan covers all necessary healthcare services, including doctor visits, hospital stays, prescription medications, and preventive care. Some plans might offer additional benefits, such as mental health services or maternity coverage.
- Premiums and Deductibles: Compare the monthly premiums and any deductibles (the amount you pay out of pocket before the insurance kicks in). A lower premium might come with a higher deductible, so balance these costs based on your expected healthcare needs. We know there are a few options available out there from companies like Mawista (Allianz) which offer insurance at a monthly contribution of just 29€. It might attract many students, but keep in mind that there are a lot of considerations and features that are not covered compared to higher monthly premiums.
- Policy Duration: Ensure that the policy covers the entire duration of your studies in Germany. Some plans might offer short-term coverage that could be cheaper initially but may require renewal at a higher cost later.
- Application Process: The process of applying for private health insurance is generally straightforward, but it’s important to have all necessary documents ready, such as proof of enrolment at a German university and your visa or residence permit.
- Consult an Expert: Given the complexities of health insurance in Germany, it’s often beneficial to consult with a financial advisor who can help you navigate the various options and choose the plan that best suits your needs. FinXpat, for instance, offers free consultations to help expats make informed decisions.
Conclusion: Is Private Health Insurance the Right Choice for You?
For international students in Germany, particularly those over the age of 30, private health insurance can provide valuable coverage tailored to individual needs. While it offers flexibility and potential cost savings, it’s important to carefully consider the coverage details, costs, and long-term implications.
At FinXpat, we understand the unique challenges international students face when navigating the German healthcare system. We offer personalized advice to help you find the most suitable private health insurance plan, whether you’re just starting your studies or are transitioning from GKV. And if you are already employed, then we have created a detailed comparison of contributions and coverage options between GKV and PKV. Download our free PDF guide today and take the first step toward securing your health in Germany.
