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Medical Insurance

Medical Insurance mainly covers the hospitalisation costs incurred on a cost reimbursement basis. The policy is renewed annually with premium based on attained age of the insured. Most products have coverage limits on certain cost categories, while some products are based on “full coverage” structure. We compare the products based on the coverage ratios under different common medical scenarios, the medical expenses of which are adjusted accordingly based on the room type (ward/ semi-private/ private room) admitted at a Hong Kong private hospital.
Below are the 3 types of medical insurance:
  • Voluntary Health Insurance Scheme (VHIS): The VHIS policyholder can enjoy tax deductions on premium paid. The VHIS Standard plan is based on the minimum standards prescribed by the government. The VHIS Flexi plan is built upon the Standard plan by providing higher coverage through higher benefit limits or adding supplementary major medical coverage.
  • Medical Insurance: It covers medical expenses for various ward classes and different geographical regions such as Asia, Global excluding US.
  • International Medical Insurance: It covers medical expenses globally. Most of the plans offer "full coverage" on most individual medical expense categories with an overall annual limit. Designed for people who prefer the best-in-class medical services in private hospitals.
We found Medical Insurance product(s) matching your selected filters.
Sort by
Cathay | 國泰
Cigna Cathay Premier Health Plan
Product Details
Ward$0 DeductibleAsia
10.0/10
100.0%
6
$10,485
$12,104
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Cathay | 國泰
Cigna Cathay Premier Health Plan
Product Details
Ward$0 DeductibleGlobal-ex-US
10.0/10
100.0%
6
$18,225
$21,038
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Cathay | 國泰
Cigna Cathay Premier Health Plan
Product Details
Ward$0 DeductibleGlobal
10.0/10
100.0%
6
$40,308
$46,527
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
AXA | 安盛
AXA WiseGuard Pro Medical Insurance Plan (Regular)
Product Details
WardVHIS Flexi$0 DeductibleGreater China
10.0/10
100.0%
3
$8,324
$9,597
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Action Now
New
Chubb | 安達人壽
VHIS Series – Flexi Plan (Superior)
Product Details
WardVHIS Flexi$0 DeductibleAsia
10.0/10
100.0%
1
$9,631
$11,040
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Cigna | 信諾
Cigna VHIS Series – Flexi Plan (Superior)
Product Details
WardVHIS Flexi$0 DeductibleAsia
10.0/10
100.0%
1
$9,631
$11,040
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Product Website
Quote Now
HSBC Life | 滙豐保險
HSBC Voluntary Health Insurance Flexi Plan Bronze
Product Details
WardVHIS Flexi$0 DeductibleGreater China
10.0/10
99.7%
3
$9,172$7,338#
$10,784
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Quote Now
FWD | 富衛
vCANsurance Medical Plan (Standard)
Product Details
WardVHIS Flexi$0 DeductibleGlobal
10.0/10
100.0%
3
$5,113$2,983#
$5,401
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Action Now
FTLife | 富通
“FlexiCare” Medical Insurance Plan
Product Details
WardVHIS Flexi$0 DeductibleGlobal
9.9/10
99.1%
3
$6,731
$7,349
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44
Sun Life | 永明
WeHealth Preferred
Product Details
WardVHIS Flexi$0 DeductibleGreater China
9.7/10
97.0%
3
$9,156
$10,557
Medical Coverage Score
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features
Based on the coverage of 8 selected additional features. Details
First Year Premium
Age 35 male
Avg. Premium
Average premium for male age 35 to 44

Medical Insurance

We found Medical Insurance product(s) matching your selected filters.
Cathay | 國泰
Cigna Cathay Premier Health Plan
Ward$0 DeductibleAsia
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$10,485
Age 35 male
Avg. Premium :
$12,104
Average premium for male age 35 to 44
Cathay | 國泰
Cigna Cathay Premier Health Plan
Ward$0 DeductibleGlobal-ex-US
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$18,225
Age 35 male
Avg. Premium :
$21,038
Average premium for male age 35 to 44
Cathay | 國泰
Cigna Cathay Premier Health Plan
Ward$0 DeductibleGlobal
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
6
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$40,308
Age 35 male
Avg. Premium :
$46,527
Average premium for male age 35 to 44
AXA | 安盛
AXA WiseGuard Pro Medical Insurance Plan (Regular)
WardVHIS Flexi$0 DeductibleGreater China
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$8,324
Age 35 male
Avg. Premium :
$9,597
Average premium for male age 35 to 44
Action Now
New
Chubb | 安達人壽
VHIS Series – Flexi Plan (Superior)
WardVHIS Flexi$0 DeductibleAsia
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
1
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$9,631
Age 35 male
Avg. Premium :
$11,040
Average premium for male age 35 to 44
Cigna | 信諾
Cigna VHIS Series – Flexi Plan (Superior)
WardVHIS Flexi$0 DeductibleAsia
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
1
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$9,631
Age 35 male
Avg. Premium :
$11,040
Average premium for male age 35 to 44
Quote Now
HSBC Life | 滙豐保險
HSBC Voluntary Health Insurance Flexi Plan Bronze
WardVHIS Flexi$0 DeductibleGreater China
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
99.7%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$9,172$7,338#
Age 35 male
Avg. Premium :
$10,784
Average premium for male age 35 to 44
Quote Now
FWD | 富衛
vCANsurance Medical Plan (Standard)
WardVHIS Flexi$0 DeductibleGlobal
Medical Coverage Score :
10.0/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
100.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$5,113$2,983#
Age 35 male
Avg. Premium :
$5,401
Average premium for male age 35 to 44
Action Now
FTLife | 富通
“FlexiCare” Medical Insurance Plan
WardVHIS Flexi$0 DeductibleGlobal
Medical Coverage Score :
9.9/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
99.1%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$6,731
Age 35 male
Avg. Premium :
$7,349
Average premium for male age 35 to 44
Sun Life | 永明
WeHealth Preferred
WardVHIS Flexi$0 DeductibleGreater China
Medical Coverage Score :
9.7/10
Medical Coverage Score is the estimated average coverage ratio of selected hospitalisation cases with different severity levels and required medical services. Details
Average Coverage :
97.0%
Based on the estimated coverage of 12 common cases, 10Life calculated the weighted average based on the estimated medical expense incurred in each case, which is the estimated average coverage of a medical insurance product. Details
Medical Inflation Protection :
Medical Inflation Protection means
  1. No itemised sublimit
  2. High annual limit
  3. No life time limit or guaranteed that benefits would not be reduced at renewal (i.e. all VHIS products) .
Details
Number of Additional Features :
3
Based on the coverage of 8 selected additional features. Details
First Year Premium :
$9,156
Age 35 male
Avg. Premium :
$10,557
Average premium for male age 35 to 44

Further Readings

Children Medical Insurance for Age 6 to 11
27/09/2022
10Life Team
VHIS
Children Medical Insurance for Age 3 to 5 (Chinese Article)
08/12/2022
10Life Team
VHIS
Low cost VHIS - medical coverage options at below HK$6000 a year (Updated Mar 2022) (Chinese Article)
26/08/2022
10Life Team
VHIS
Evaluating the Level of Insurance Literacy in Hong Kong
14/09/2022
10Life Team
Wealth

Mass Market Medical Insurance Frequently Asked Questions

What is the difference between medical insurance and critical illness insurance?

While both is often categorised under “health insurance”, they are very different in nature.

Medical insurance is also known as hospitalisation insurance. The main purpose is to cover the medical expenses if the insured is hospitalised, with some products also covering specific outpatient treatments. Claims are on an expense reimbursement basis, on the condition that the expense is “Medical Necessary”.

Critical illness insurance covers the insured against specified diseases. A lump sum benefit is paid if the insured is diagnosed with a specified disease that matches the definition in the policy provisions. In general, insurance companies do not limit the usage of the benefit payment.

How dose traditional medical insurance work? What is a “Full Coverage” product?

Traditional medical insurance defines coverage limits item by item, e.g. room and board, surgeon fee, miscellaneous fee, etc… If the medical expense on particular item exceeds the limit, one may recover the excess from Supplementary Major Medical (if available, and after any co-payment), and any further excess needs to be paid out-of-pocket by the insured.

“Full Coverage” medical insurance generally does not limit the coverage amount in a single item. The medical expense can be covered as long as it does not exceed the per policy year, per disability or lifetime limit. However, the relevant medical expense needs to be “Medical Necessary” and “Reasonable and Customary”.

What is deductible?
The deductible is what the amount the insured needs to pay out-of-pocket first, while the insurance company covers the medical expense in excess of the deductible. For example, for a policy with a $10,000 deductible, if the eligible medical expense $50,000 the insurance company would only pay $40,000.
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Remarks:

  1. Any premium displayed excludes insurance levy collected by the Hong Kong Insurance Authority.
  2. 10Life Product Comparison and 10Life Insurance Ratings are operated by 10Life Financial Limited, an authorised insurance broker company licensed with the Insurance Authority under License Number FB1526. 10Life Product Comparison and 10Life Insurance Ratings are developed for generic customer segments using mathematical calculations based on product information, facts and data, and are not influenced by any partnerships with or fees received from insurance companies.
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