If you’re an expat living in Hong Kong, you may be relying on an employer-provided health insurance plan to keep you and your family covered. But what happens if you lose this coverage — or if you have an emergency and your healthcare costs exceed the plan’s limits?
If you move or switch jobs, or if your current employer makes changes to your employee package, the last thing you’d want to worry about would be losing your health insurance. Unfortunately, due to the impact of the COVID-19 pandemic, many companies have been forced to downgrade their employee benefits, including health insurance.
In addition, company plans often have restrictive coverage limits, which sometimes aren’t sufficient to cover a major illness or accident. Private healthcare in Hong Kong can be extremely costly: the city has the second most expensive healthcare system in the world, after the United States.
At APRIL International, we offer comprehensive healthcare plans for expats in Hong Kong. For expats who already have a company healthcare plan, we recommend MyHEALTH Hospital & Surgery EXTENSIVE with deductibles as a top up.
With MyHEALTH Hospital & Surgery EXTENSIVE, you can rest assured that you’ll be fully covered in the event of a major illness or accident, with a coverage limit of US$2.5 million. Local plans usually have low annual limits, but also several sub limits (room charge, hospital miscellaneous, surgeon’s fees…). These are often not sufficient to cover large expenses, meaning you could easily end up paying for the price difference out of your own pocket.
Getting full coverage for major health events is very important in Hong Kong, since costs of treatments and surgeries can mount up very fast. For example, you may need to pay HK$271,580 for a bilateral total knee replacement at Gleneagles Hospital, or HK$85,000 for a gallbladder removal (laparoscopic cholecystectomy) at Hong Kong Sanatorium & Hospital.
Our insurance offer allows you to make full use of your existing coverage. By choosing a deductible option with your plan, you’ll save money on your APRIL insurance premium. Your local plan will cover the deductible, and our insurance will cover the rest.
Even if you know you’re covered for major surgeries and other procedures, paying a large fee out of pocket and waiting to be reimbursed can be nerve-wracking. Fortunately, you won’t have to do this with a MyHEALTH plan. We can provide a Letter of Guarantee, so you won’t have to pay anything up front—a service most local plans don’t offer.
MyHEALTH is a truly international health insurance package that you can bring with you anywhere. If you lose your job, change employers, or relocate outside Hong Kong, you’ll still be covered without needing to worry about pre-existing conditions. You’ll also benefit from 24/7 emergency assistance, evacuation, and repatriation, both in Hong Kong and abroad.
The Hospital & Surgery EXTENSIVE with deductibles plan is an affordable and comprehensive option, even for expats on a budget. Besides hospital coverage, you’ll also have access to our TeleHEALTH service. This free, unlimited service allows you to request a phone call from a doctor 24/7, so you can receive remote care in your native language.
To save even more money on your health insurance coverage, you can choose our ‘Specified Inpatient Providers’ (SIP) option. This option will cover you for a selected list of healthcare providers, including popular Hong Kong private hospitals like Gleneagles Hospital and Canossa Hospital. Choosing the SIP option will give you a 15% discount on your Hospital & Surgery premium.
MyHEALTH Hong Kong is a flexible plan with four different deductible options: US$1,500, $3,000, $5,000, or $10,000. The higher your deductible is, the cheaper your premium will be.
So how much should you expect to pay for expat health insurance in Hong Kong? Here are some examples to help you visualise what your premium might look like:
Sophie is a 31-year-old French expat who chooses a Hospital & Surgery EXTENSIVE plan with a US$10,000 deductible. Her annual premium is US$1,085.
Jim and Kate are a US expat couple. Jim is 41 years old, and Kate is 38 years old. They choose a Hospital & Surgery EXTENSIVE plan with a US$10,000 deductible and the SIP option. The total premium for the couple is US$2,106.
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