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Only 39% of small group policies (covering less than 50 employees) include mental health benefits.
For large group policies that cover up to 500 staff, only around 50% of insurers in APAC cover mental health conditions.
People today are more digitally connected than ever before and continually seek simplicity, flexibility, and affordability. Individual health customers are no different; they choose plans that are tailored to suit their individual needs and plans that are accessible and easy to understand.
Hong Kong has in recent times lost its luster for foreign executives. A growing number of expatriates are leaving the city to return home, or relocating to other financial hubs like Singapore.
Health insurance inflation rates are particularly high in Hong Kong. Individual and corporate buyers in the region are thus becoming increasingly hesitant to choose or change plans.
The popularity of telemedicine and EAPs among employers in Hong Kong is rising amid the coronavirus outbreak.
Learn all about the state of health insurance in Hong Kong during 2018-2019.Explore and Download
Learn all about the state of health insurance in Hong Kong during 2018-2019..Explore and Download