Aetna Insurance Vietnam

To be eligible for Aetna Insurance Vietnam, you must reside in Vietnam for at least half of the year. Aetna Vietnam accepts local citizens and expats alike up to age 74 at the time of applying. 

Aetna Vietnam offers guaranteed and lifetime renewability.  This means that regardless of your current health status or claims history, that Aetna Insurance Vietnam is legally required to offer you a renewal policy for your lifetime, provided you continue to pay your renewal premium every year. 

Aenta Insurance Vietnam only offers one coverage area for their pesonal plans: Worldwide excluding the USA.  

For US citizens or people travelling to the USA, you have the option to add-on a USA travel rider, which will give you up to $3.5M usd coverage in the USA. 

Emergency Coverage Area:

Standard plan: none

Select – Elite: emergency coverage is provided in the USA for temporary trips for hospitalizations.

Aetna Insurance Vietnam offers four standardardized plans for personal policies as follows:

   Standard: inpatient and emergency evacuation

   Select: inpatient, outpatient & emergency evacuation

   Comprehensive: inpatient, outpatient, annual health checks, routine dental and emergency evacuation

   Elite: the highest levels of all benefits

Aetna Ultracare also offers add-ons that can be taken for an additional premium, including:

• Maternity
• USA travel
• Accidental death

Aetna Vietnam offers their Summit plan to groups, starting at just 3 employees. To do this, you must put the policy through  a legal Vietnamese entity. Aetna Summit plan offers a lot more flexibility and allows groups to create customized plans levels. Here’s how Aetna Insurance Vietnam offers group health plans for pre-existing conditions:

• 3-4 employees: Moratorium plan only
• 5-9 employees: Medical Health Disregarded (MHD)- extra charge
• 10+ employees: Full Medical Health Disregarded- normal pricing

If you have between 5-9 employees, then you can get Medical Health Disregarded at just 5 employees! That’s the lowest minimums in the entire industry, not just in Vietnam, but globally!  However, because there are so few employees to help offset the risk, there are additional fees to do this.  Once you get to 10+ employees, then you can get a normal MHD plans, which is a much better value than Aetna’s personal Ultracard plans. 

This is one of the best group health insurance policies, not just in Vietnam but in all of Asia! The team at Tenzing Pacific Services highly recommends Aetna for companies who have a budget of at least $1,500/employee/year. 

Aetna Insurance Vietnam is one of the premier providers for people with pre-existing medical conditions. Here at Tenzing, if one of our clients is applying with a pre-existing condition, Aetna is one of the providers we will always recommend.  If Aetna says no, then you can bet every other personal health insurance provider will say no as well. 

Aetna Vietnam offers two types of applications:

1. Full Medical Underwriting: a medical declaration will need to be done for each person, which is quite extensive and specfiic about a variety of medical treatments
2. Moratorium Underwriting: a very quick applications, where you just declare that you understand pre-exisiting conditions will not be covered

Processing Times:

• Moratorium: 2-5 hours
• Full Medical Underwriting clean application: 1-2 business days
• Full Medical Underwriting condition(s) declared: 2-4 business days

Aetna insurance Vietnam offers a variety of payments installments, including:

• Annual
• Semi-Annual (+5%)
• Quarterly (+7.50%)

For groups with Aetna Summit, there is 4% fee for quarterly and 3% fee for semi-annual.

You can pay via bank transfer or with a card of your choice in USD or VND. You have 30 days to pay from your start or renewal date. Whether you’re on a personal or group policy, you can get a VAT invoice. Though you do not have to pay 10% VAT fee as health insurance is exempt from VAT fee in Vietnam. 

Aetna Vietnam fully covers COVID-19 related treatments up to your policy’s benefits and limits. They will not cover quarantine costs unless you’ve been dianosed. 

Aetna will provide a COVID-19 certificate upon request, which confirms that you’re currently insured and that the plan covers COVID-19.