Public vs Private Health Insurance in Germany | How Much Can You Save by Switching Health Insurance?

Which health insurance in Germany is best for you? Public health insurance or private health insurance? 🤔

German health insurance is a major topic for expats living in Germany. Hardly any topic in the field of personal finance has more myths than health insurance in Germany - especially the private health insurance.

That's why Axel will clear some of these health insurance myths for you:
Is coverage better in public health insurance or private health insurance? 🤔
Will private health insurance be crazy expensive in retirement age? 🤔
How can you optimize your health insurance premium in price? 🤔

Videos Axel mentioned:

Health Insurance in Germany: Public Health vs Private Health | What's Better For You?

Best Paid Jobs in Germany: How Much Money Can You Earn? | Jobs With the Highest Salary in Germany

Passive Income in Germany | Earn Passive Income With Dividends, Interest & Rental Income in Germany

Must-Have Insurance in Germany: Disability Insurance to Provide Income When Injured or Disabled

Must-Have Insurance in Germany: Private Liability Insurance Will Pay for All Damages You Cause

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00:00 Intro
02:08 How to Select Health Insurance in Germany
03:36 Summing up Public Health Insurance
06:00 How to Select Private Health Insurance
07:02 Choosing Your Deductible For Private Health Insurance
08:01 Different Coverage Level of the German Healthcare System
09:02 Summing up Private Health Insurance
10:44 (Private) Health Insurance in Retirement Age
11:39 Deductions for Public Health Insurance
12:58 Deductions for Private Health Insurance

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[ajaylamba]

Hi, your videos are really underrated. Great job! One response I saw in another youtubers video was: private insurance will get very expensive as you age and will eat into your pension. Would be great if you can cover that aspect (to what extent is that true) and is there a workaround. I am in a public insurance now with tk but want to switch to private with my family.

[shyamsundar]

This video is awesome, exactly what I was looking for..thanks a lot..it's really informative..pls post more of such videos..

[germanybesttipstricksforfo]

We just created a comparison of private vs public vs travel health insurance for expats in Germany. Interested ?

[Hackquelot]

Seems this is an old video, but maybe I will get lucky and get and answer from Axel, I would like to know where can I get a quote for private insurance with a family of 5, 2 adults and 3 kids. In the page that you shared in the pinned comment the price is only for a single person and in your videos you mentioned that the payment will have to be done for each person (personal contract).

[sivakovuri]

Amazing video, kudos to you. I would like to appy to private insurance asap.

[abkrhandbaglover]

Hi, thank you for sharing. Do you have any recommendation for private health insurance company? Do you recommend to change company from time to time to get cheaper or better contract?

[stukipuki]

Big fan of your videos. It makes my life easier 👏

[tanerbilgic]

Thanks! I appreciate if you can make a video about private additives over public insurance.

[ebukaume]

Great content! But in your example, doesn't it mean that Hans will have to either pay for his yearly (twice a year) professional dental cleaning himself or lose all his reimbursements. Which takes him back to well above €92 (yea, still better than public).

[satyas]

I did not understand a monthly contribution of around 250 euros is reduced 90 euros per month using Reimbursements concept. What are these reimbursements and how different are they from deductibles?

[carmenmelvyn]

I, English, with my wife, German, are both retired but moving to Germany end of March to live near elderly relatives. Can we take Private health Insurance or Public or must we take public health insurance. Obviously we have no employer so do we have to pay 100% of the costs.

[vinodpatneymusic]

Will our netto be increased if we opt for private insurance? Asking this as the employer's mandatory contribution is 7.3% towards insurance. So if my premium is lesser in private insurance compared to public insurance, will there be an increase in my netto?

[amolkoneri]

Why is that only positive sides are covered in these videos. I agree with the savings, But is insurance really about savings or getting a good health care ?

1. Your video focuses majorly on the reimbursement, but also you don't cover how much you get net reimbursement after taxed.
2. Private insurances are only for working employees or anyone earning more than 64000 euros approx., but Public insurance covers all dependents whereas i don't yet know how do private insurances deal with the children insurances which may later end up paying more than public.

Whenever I talk insurance agencies, they don't tell the hidden flaws of private health insurance and you should be actually bringing them out in this video.
So I wish you justified your video by discussing the Pros and Cons, and not only the Pros.

Thank you.

[travelmoneymore]

Thanks a lot for the video, Axel. Does it mean anzone can upgrade from public to Private with additives? thanks!

[shaqashaqahimself]

Very edifying video. Is this solely for employees or self employed individuals? Or are students included for the 30 minutes meeting?

[StankovicTechnoOnly]

Halo bro.kanst du sagen welche ist beste private versicherung in raum stuttgart.ich bin 6 jahre in stuttgart und von anfang ich und frau sind in AOK.

[alexpal]

How much on average a 60 years old person pays on pkv?

[waqardetho]

He will not be telling you about health insurance, but will be promoting his videos.

[anbitess]

I got private health insurance from TK (only basic) at 253 euros

[ZeeshanHaider-ijxh]

if you have family and kids, good luck with private insurance premiums