Aetna Insurance Vietnam

Ultracare

Health Insurance

Learn More About

Aetna Insurance Vietnam

  • Summary
  • Key Features
  • Eligibility, Coverage Area & Benefits
  • Popular Direct Billing Partners
  • Sample Pricing
  • Similar Providers
  • Discounts available
  • PDFs of their documents
Aetna Insurance Vietnam
Summary

Aetna Insurance Vietnam

Aetna Insurance Vietnam is part of Aetna Global’s international brand of International Private Medical Insurance (IPMI).  Aetna has been operating in Vietnam under the Aetna brand since 2016 after buying Interglobal Vietnam.  Aetna’s local fronting partner is Bao Viet, to issues Aetna’s personal insurance line, Ultracare, and their corproate insurance line, Summit. 

Key Features

Aetna Insurance Vietnam

International provider, community rated, policies in USD
Expats and Local citizens
Worldwide excl. USA coverage area
Premium insurance, high benefit limits
Pre-existing Conditions covered at 5 employees
Great for groups
Pay monthly or quarterly
Up to Age 74
Policy Portability

What Aetna doesn't do

The main thing that Aetna Vietnam doesn’t offer is for any way to reduce the premium by reducing the coverage area.  So even if you rarely leave South East Asia, you’re paying for worldwide rates. In addition, Aetna doesn’t have affordable maternity plans, the ability to mix & match between different family members or any options for Savings Plans or Life Insurance.

Key Info

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. 

Popular

Direct Billing Partners

Sample Pricing for a 35-year old

Standard

$ 164 Monthly
  • $1,500,000 Limit
  • Inpatient + Evacuation
  • Outpatient
  • Annual Checkup
  • Routine Dental
  • Maternity

Select

$ 275 Monthly
  • $4,000,000 Limit
  • Inpatient + Evacuation
  • $5,000 Outpatient
  • Annual Checkup
  • Routine Dental
  • Maternity
Popular

Comprehensive

$ 375 Monthly
  • $1,000,000 Limit
  • Inpatient + Evacuation
  • $10,000 Outpatient
  • $700 Annual Checkup
  • $1,100 Routine Dental
  • Maternity

Elite

$ 445 Monthly
  • $5,000,000 Limit
  • Inpatient + Evacuation
  • Outpatient
  • $1,000 Annual Checkup
  • $1,700 Routine Dental
  • Maternity

Similar Providers

Personal Discounts

age 26-29 with 0 children
10%
age 30-24 with 0 children
20%
age 35+ with 0 children
30%
$1,700 deductible/condition
25%

Documents

Open Hours:

Mon – Fri: 8.30 am – 6 pm, Saturday – Sunday: CLOSED

Johannes Heikkila

Advisor
From Finland
Expat for 1 year
Speak Finnish, English & Spanish

Speciality:
- Health Insurance
- Savings Plans

Robert Cunningham

Advisor
From the UK
Expat for 13 years in Thailand & Vietnam
5 years' insurance & financial services

Speciality:
- Health Insurance
- Life Insurance
- Savings Plans

Romain Camillo

Senior Advisor
11 Years in Insurance & Financial Services
Expat in thailand for 7 years
Joined Tenzing in 2020
Speaks French & English


Speciality:
- Health Insurance
- Life Insurance
- Savings Plans"

Nancy Dao

Advisor
From Vietnam
International Business from UK
Lived in Singapore
Speaks Vietnamese & English

Speciality:
- Personal Health Insurance
- Group Health Insurance

Hunter Deems

Advisor
10 years' experience in insurance and investments
Joined Tenzing in early 2020

Speciality:
- Investments
- Savings Plan
- Health & Life Insurance
Patrik Shore Tenzing Pacific Services

Patrik Shore

Senior Advisor
From Sweden & New Zealand
7 years' insurnace experience
Joined Tenzing in 2019
Crim Science
Speaks English and Swedish

Speciality:
- Savings Plans
- Health Insurance
- Life Insurance

Geoffrey Mann

Advisor
From the US
Employee benefits & insurance compliance background
Joined the Tenzing team in 2019
Law degree from the US

Speciality:
- Personal Health

Nhu Nguyen

Senior Advisor
From Vietnam
Joined Tenzing in 2017
Fluent in Vietnamese & English

Speciality:
- Group Health & Life Insurance
- Personal Health"

Ian Comandao

Health Insurance Manager
From Philippines
MBA from Duke University
Expat for 20 years in US, China, Hong Kong & Vietnam Worked at Tenzing since 2018
Fluent in English, Tagalog, Mandarin

Speciality:
- Personal Health Insurance
- Group Health Insurance
- Business Insurance

Craig McAvinue

Director of Wealth Management
From the UK
25 years' expereince in investments & insurance
Expat in Thailand for 5 years
Chartered Accountant by trade
Holistic approach to consulting his clients

Speciality:
- Investments
- Savings Plans
- Health & Life Insurance

Quinn Miller

CEO & Managing Partner
From the US
Joined Tenzing in 2014
Expat for 10 years in Vietnam
Finance & Entrepreneurship Degrees

Speciality:
- Group Health Insurance
- Life Insurance
- Savings Plans"
  • 84 35857 2629
  • 84 35857 2629
  • quinn.miller@ten-pac.com

Quinn Miller

CEO & Managing Partner
From the US
Joined Tenzing in 2014
Expat for 10 years in Vietnam
Finance & Entrepreneurship Degrees

Speciality:
- Group Health Insurance
- Life Insurance
- Savings Plans"