British expatriates in France face a stark choice after French president Nicolas Sarkozy announced he is to withdraw state medical treatment from retired EU expats under 65.
France is a favourite destination for early retirement, but those left without cover may now have to choose between taking out expensive private medical insurance and giving up their dream. This is compounded, said Prudential’s Richard Leeson, by the fact that full PMI cover was previously outlawed in France, with contributions to the state system compulsory. As a result, many expats may have cancelled existing PMI policies before moving to France, and now face the expense and difficulty of re-signing when they are older and, quite possibly, in worse health, facing exclusions for pre-exist...
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