Everything to Know about Health Insurance in France

 Everything to Know about Health Insurance in France


Almost all the Western governments, including France’s, put a lot of emphasis on acquiring health insurance. Of particular importance, in this context, are the expatriates who mostly belong to third-world countries like the Philippines and come to developed countries like France to find work. They earn a living and then online money transfer to the Philippines from France. 


A brief background 

Health has never been a priority for the people of third-world countries. It is a problem all such countries largely share. 

The Philippines, for example, is the world’s 32nd-largest economy, with a nominal GDP of $450.340 billion. With an unemployment rate of 14.7%, it is obvious that putting food on tables is found to be a luxury, let alone allocating funds for families’ healthcare. 

Unless there is a pressing medical emergency you cannot afford to ignore, you will prefer to ignore seeking professional advice that comes with money and rather will find homemade remedies to cure your ailment. 

In this context, France emphasizes acquiring health insurance as soon as you arrive in France as an expatriate. 


Economy of France 

  • France is the world’s 7th largest economy, with a nominal GDP of $3.2 trillion. 

  • It is the world’s 10th largest economy with a Purchasing Power Parity (PPP) of $3.7 trillion. 

  • Its GDP per capita income is $46,834, whereas its PPP per capita income is $56,036. 

  • France is ranked 26th worldwide in terms of its GDP and PPP per capita incomes. 

These statistics show how robust and expansive the French economy is. Therefore, the people of third-world countries like the Philippines travel to developed countries like France to find better employment opportunities to earn and online money transfer to the Philippines. 


Healthcare in France

Healthcare in France is one of the best in the world and has remained a topic of debate since 2016, the year when the French healthcare service was revamped. 

Legally, all the residents of France are bound by law to acquire health insurance. Residents have the freedom to choose between public healthcare or private healthcare services. 

  • According to the law, a permanent resident who has lived for three months in a row is eligible to apply for state health insurance. 

  • As a result of several reforms in French healthcare services, now all the residents have access to all the healthcare services. 

  • Public health insurance is paid for by the state and the individual getting the service. But the payment is reimbursed after you have paid for it from your pocket.   

  • If you have a health card, you will not make payment when availing of the service. But if you do not have the card, you will make an upfront payment that will be reimbursed in your bank account between 5 to 10 working days. 

  • French public health insurance covers residents, employees, business owners, freelancers, self-employed people, children, students, Swiss, EEA, and EU citizens, EEA and retirees from the British government, and unemployed people or low-income wagers. 

  • French health insurance policies also cover doctors, emergency care, specialist care, medicines, dental care, and maternity care. 

  • You can apply for health insurance in France by visiting the local CPAM or by joining the Social Security System. Both have different documentation requirements that depend on who is applying for the service. 

  • All 16 years and above residents are legally bound to register with the family doctor. If you cannot register timely, you will have to pay penalties, high medical fees, and low reimbursement rates. 

  • In private insurance coverage, the employers and the companies you work for will reimburse about 30% of the total cost, including all the basic medical services. 

  • Under social contributions, a certain amount will be deducted from your salaries. It covers your healthcare insurance costs. The deduction depends on your income, the size of the household, etc. 

As a Filipino expatriate covering your health costs is a major challenge if you have to do it from your pocket. But, in France, you have the advantage of saving your money in this regard to save more for money transfers to the Philippines. 

A few reasons to go to France

Many reasons compel you to travel to France, but the following few are the most compelling. 

  • France has Paris, which is a kind of attraction no one can choose to ignore. 

  • Its economy is robust and strong enough to offer multiple jobs in different sectors. 

  • It is a peaceful country with an excellent work-life balance. 

  • The beautiful landscape, lakes, mountains, ocean, etc., provide everything for entertainment and relaxation. 

  • French cuisine is as rich and diversified as its culture. 

  • Its education system is one of the best in the world, as its degrees have global recognition. 

  • France is heaven for the ones who love and admire fashion.

  • France has a rich art, culture, and history whose study is a fascinating experience.  

  • France is home to over 4,000 castles that are more than enough to satiate your thirst for history. 

  • French people are affable, welcoming, and cooperative and help you settle down and socialize better and quickly. 

Money transfers to the Philippines – the need

Filipinos suffer from poverty and unemployment and thus travel to other countries, such as France, to find better employment opportunities and then online money transfer back home to support their families financially. The difference between French and Filipino currencies helps recipients stabilize financially. 


ACE Money Transfer – the name of the trust

Sending money abroad with ACE Money Transfer is beneficial in more ways than one. You have the advantage of low fees, favorable currency exchange rates, safety and speed, 24/7 service availability and accessibility, over 350,000 pick-up locations worldwide, and much more from just one stop.     



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