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Cost of Expat Health Insurance in Hong Kong affected by Hong Kong Government Reforms according to a new article published by the Hong Kong Health Insurance blog
  • USA - English


News provided by

Hong Kong Health Insurance

Jul 19, 2013, 09:00 ET

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Expat Health Insurance in Hong Kong
Expat Health Insurance in Hong Kong

Hong Kong, Hong Kong S.A.R (PRWEB) July 19, 2013 -- Hong Kong Health Insurance published a new blog article on the Cost of Expat Health Insurance in Hong Kong.

The article focuses on the expenses that an expat living in Hong Kong should expect, given that Hong Kong ranks high as one of the most expensive places in the world and even higher as one of the most expensive cities in Asia.

Hong Kong is still considered the 10th most expensive place for expats to be in Asia. According to a new report, it is one of the most visited place in Asia and the 38th most expensive place in the world.

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The article sheds further light on how health insurance reforms that are currently taking place by the Hong Kong Government will positively affect the implementation of the new private insurance policy reform, which is designed to involve the government as a middle-man between consumers and health insurance providers.Health insurance costs for expats living in Hong Kong is definitely one of the factors that is taken into account among the number of services and consumer products that an expat would consider in terms of affordability.

The blog article mentions that there are good arguments to suggest that Hong Kong still remains one of the best cities in Asia for expats to live and work in, as Hong Kong S.A.R. as a city, is stable, and “poised for the competition for international talent”.

Hong Kong Health Insurance previously published another article on their blog describing what the new role of the government will be when the reformed policy on private health insurance is implemented. This is good news for both Hong Kong expats and residents, as Hong Kong has the second highest private medical fees in the world after the USA. While Hong Kong has a comprehensive public healthcare system, individuals must be permanent residents of Hong Kong in order to access these low-cost medical services. If you are not a Hong Kong Permanent Resident the fees associated with your medical treatment, even at a public hospital, can be extremely expensive; highlighting the necessity of comprehensive medical insurance coverage in Hong Kong.

Neil Raymond, Hong Kong Health Insurance, http://hong-kong-health-insurance.com/, (+852) 3589 0540, [email protected]

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