Expat Insurance Services in Hong Kong

Health expenses are mostly covered by the state at public hospitals, of which there are 44 in Hong Kong offering very good health care, though often with long waits. All that is needed for coverage is a Hong Kong identity card. A small part of the bill must be paid in cash. Those without Hong Kong identity cards must pay at higher rates, which can be reimbursed by private health insurance policies.

 

There are also 12 private hospitals in Hong Kong with even higher quality health care that can be covered with private health insurance. Payment at private hospitals can be with check, credit card, or an accepted health insurance card. Dental insurance is additional. Most foreign workers in Hong Kong have private health insurance arranged with their employers. Greater medical coverage may be obtained for additional premiums.

 

There is a competitive insurance market in Hong Kong. It is possible to get household insurance, even as a tenant, to cover one's belongings and furniture in the event of damage or theft. This is sold by most major Hong Kong banks and can be purchased online. Another type of insurance that is mandatory in Hong Kong through income withholding is pension insurance, similar to social security retirement funds, though this is usually only applied to citizens and permanent residents.