If you've searched the net for private medical insurance that covers expats in Brazil then you are most likely for looking for established UK based health insurance providers that can cover your medical costs in Brazil.
Living as an expat in Brazil you want to avoid any unwanted and unexpected medical costs. In some countries these can run into hundreds of thousands of pounds for serious medical conditions.
Our advice when looking for private medical cover that covers expatriates living in Brazil is to speak to a insurance broker. Health insurance is very complex and if you want complete certainty that Brazil is covered you should consult with a health insurance broker who can explain which policy providers will cover medical costs for expatriates in Brazil and which will exclude it.
There are many advantages to using a insurance broker but the biggest by far is that you're using their industry experience at no cost. They are paid by the insurer (Aviva or Bupa etc) rather than by you so it costs you no extra to use their services.
- Do you live in many different areas? Some will give you a cheaper premium than offers. A broker will be able to advise whats best.
- Do you have a hobby that may invalidate your insurance claim? A broker will know this critical information.
- If you are a couple and one of you has claimed on your policy this year would it be cheaper to separate you both onto two different policies?
- You've developed a certain medical condition and want to know which insurer offers the largest amount of cover for it. A broker will know this instantly saving you so much time and effort.
You can call around every medical insurance provider you can find and ask if they provider cover for expats in Brazil, however this will be a very time consuming process. Each insurer will ask for your medical history because its not normally a simple yes or not if a medical condition is covered or not.
Its much quicker to speak to one medical insurance broker which will know which providers on the market offer cover for expats in Brazil and under what conditions they do or don't cover it.
Brazil Information
Tourism in Brazil is a growing sector and key to the economy of several regions of Brazil. The country had 6.589 million visitors in 2018, ranking in terms of the international tourist arrivals as the second main destination in South America after Argentina and third in Latin America after Mexico and Argentina. Revenues from international tourists reached US$5.8 billion in 2015, continuing a recovery trend from the 2008–2009 economic crisis.
Brazil offers for both domestic and international tourists an ample range of options, with natural areas being its most popular tourism product, a combination of leisure and recreation, mainly sun and beach, and adventure travel, as well as historic and cultural tourism. Among the most popular destinations are the Amazon Rainforest, beaches and dunes in the Northeast Region, the Pantanal in the Center-West Region, beaches at Rio de Janeiro and Santa Catarina, cultural and historic tourism in Minas Gerais and business trips to São Paulo city.
In terms of the 2015 Travel and Tourism Competitiveness Index (TTCI), which is a measurement of the factors that make it attractive to develop business in the travel and tourism industry of individual countries, Brazil ranked in the 28th place at the world's level, third in the Americas, after Canada and United States. Brazil main competitive advantages are its natural resources, which ranked 1st on this criteria out of all countries considered, and ranked 23rd for its cultural resources, due to its many World Heritage sites. The 2013 TTCI report also notes Brazil's main weaknesses: its ground transport infrastructure remains underdeveloped (ranked 129th), with the quality of roads ranking in the 121st place, and quality of air transport infrastructure in 131st; and the country continues to suffer from a lack of price competitiveness (ranked 126th), due in part to high and increasing ticket taxes and airport charges, as well as high and rising prices more generally. Safety and security improved significantly between 2008 and 2013, moving from 128th to 73rd place, before slipping to 106th by 2017.
Foreign tourists mainly come from Argentina, Uruguay, Paraguay, Bolivia, Peru, Ecuador, Colombia, Venezuela, Costa Rica, Mexico, Cuba, the Dominican Republic, the United States, Canada, China, South Korea, Japan, Australia, Chile, Spain, Italy, France, Germany, the United Kingdom, Greece, Ireland, the Netherlands, Belgium, Switzerland, Portugal, and Russia.
According to the World Tourism Organization), international travel to Brazil began to grow fast since 2000, particularly during 2004 and 2005. However, in 2006 a slow down took place, and international arrivals have had almost no growth both in 2007 and 2008. In spite of this trend, revenues from international tourism continued to rise, from USD 3.9 billion in 2005 to USD 4.9 billion in 2007, a one billion dollar increase despite 333 thousand less arrivals. This favorable trend is the result of the strong devaluation of the American dollar against the Brazilian real, which began in 2004, but on the other hand, making Brazil a more expensive international destination. This trend changed in 2009, when both visitors and revenues fell as a result of the 2008-2009 economic crisis. By 2010, the industry recovered, and arrivals grew above 2006 levels to 5.16 million international visitors, and receipts from these visitors reached USD 5.9 billion. In 2012, the historical record was reached with 5.6 million visitors and US$6.6 billion in receipts.
Despite continuing record breaking of international tourism revenues, the number of Brazilian tourists travelling overseas has been growing steadily since 2003, resulting in a net negative foreign exchange balance, as more money is spent abroad by Brazilian than receipts from international tourist visiting Brazil. Tourism expenditures abroad grew from USD 5.76 billion in 2006, to USD 8.21 billion in 2007, a 42,45% increase, representing a net deficit of USD 3.26 billion in 2007, as compared to USD 1.45 billion in 2006, a 125% increase from the previous year. This trend is caused by Brazilians taking advantage of the stronger Real to travel and making relatively cheaper expenditures abroad. Brazilian traveling overseas in 2006 represented 3.9% of the country's population.
In 2005, tourism contributed with 3.2% of the country's revenues from exports of goods and services, and represented 7% of direct and indirect employment in the Brazilian economy. In 2006, direct employment in the sector reached 1.87 million people. Domestic tourism is a fundamental market segment for the industry, as 51 million traveled throughout the country in 2005, and direct revenues from Brazilian tourists reached USD 21.8 billion, 5.6 times more receipts than international tourists in 2005.