Types of Health Insurance
What is covered?
How much does it cost?
How do I purchase?
Types of Health Insurance
What is covered?
How much does it cost?
How do I purchase?
Typically a local plan will be for Hong Kong residents only, cover levels will be limited in value and for treatment in Hong Kong only, and an international plan will have higher levels of cover, no or few limitations on where you can get treatment and will be designed for expatriates and executives who require worldwide cover.
Plans typically last for 12 months and are renewably annually.
Yes they do, typically you can get cover from age 1 to 65, some insurers cover up to 80 years of age at inception and up to 100 on renewals.
Deductible (excess) is the proportion of a claim that you will be required to pay out of your own pocket. Insurance companies use deductibles in a number of ways. A deductible may be used to eliminate small claims or simply be used to underwrite a high risk. Insurance companies may even allow you to select a deductible in return for a decrease in the premium.
Plans are available to individuals, families, groups and companies.
Most plans have several difference levels of cover; the most comprehensive normally comes with maternity coverage. Typically there is a waiting period before you can claim which varies between providers but 12 months is normal. The coverage of New born children and congenital abnormalities is also offered by some plans.
Under the basic level of coverage most plans offer Emergency Dental coverage in the event of an accident and it is normally possible to add coverage for Routine Dental Treatment for an additional premium.
