A major benefit for many USA Expats in South America is the low cost of health care.
Now, the New York Times reports on a study of 1,495 of the sickest USA citizens living in the USA -- those who have been hospitalized twice or more and seen multiple doctors in the last couple of years.
The study found that 36 percent of those who had insurance still used up most of their savings on their USA care. The insurance did not cover deductibles, treatments not included in the coverage, lost wages and other expenses.
Among those in the study group who did not have insurance, 57 percent lost most of their savings due to health costs.
Source: nytimes.com (article dated October 17, 2018)