Insurance brokers from Trusted Union Hong Kong give their view and how COVID-19 will impact the insurance industry.
The COVID-19 outbreak began in Wuhan, China in late 2019 and has rapidly spread all over the world causing massive disruptions to individuals and businesses all across the globe. In major cities across the world, citizens are locked in their homes and businesses have shuttered their doors – some
As the COVID-19 pandemic continues to rip its way through the world impacting our individual health, the health of our economies and putting a strain on our healthcare systems, this has raised many questions regarding this pandemic and its effect on private health insurance coverage.
On April 28th, Hong Kong has fared very well compared to other areas despite being so close to the epicenter of the
Health insurers understand that we’re all in this fight together and are waiving some out-of-pocket fees. Here’s what major health insurers in Hong Kong are covering for COVID-19 patients.
Healthcare costs are a significant cost for many seniors. As you age, your income typically decreases while healthcare expenses go up as your body ages. Senior health insurance can help you offset some of these costs.
All over the world, senior citizens are experiencing medical inflation in the form of rising medical costs – and Hong Kong is no exception.While Hong Kong is well known for its quality of healthcare
The 2019-nCoV coronavirus, believed to have started in a ‘wet market’ in Wuhan, China has quickly spread from China to nearly all major countries around the world. As of January 30th, 2020, the World Health Organization (WHO) has declared this virus a global public health emergency.
With that said, we’re getting a lot of questions from our health insurance clients about how this might affect them and their coverage.
With all the expenses you have day-to-day, you may be wondering about whether you really need health insurance in Hong Kong. For most people, the answer is: YES.
If you’re an expat doing research on the Hong Kong healthcare system and wondering about health insurance in Hong Kong, you might find the way healthcare and medical insurance works here in Hong Kong a little bit confusing.
The Hong Kong Healthcare
On April 1st, 2019, the Hong Kong government’s Food and Health Bureau (FHB) implemented the Voluntary Health Insurance Scheme (VHIS). The purpose of this scheme is to regulate inpatient insurance plans offered to individuals. But like any new plan, you might have questions about it – luckily, we have answers.
What is the Voluntary Health Insurance Scheme and what does it cover?
It basically creates what they’re calling “Certified Plans”
Hong Kong is a popular expat destination for many reasons: the food, the people, and the business opportunities, but also for the healthcare. Hong Kong has one of the most developed medical systems in Asia and unlike many popular expat destinations; the public healthcare system is available to non-permanent residents as long as you have a valid visa and ID card. This is an important lifeline for expats concerned