Medical Insurance

Medical costs are set to rise by 12.3% in 2025, WTW says.

The plan integrates Signature Healthcare Circle, concierge services, and personalised health programmes.

MediAfya+ includes deductible choices of $112.91.

It also increased tax relief for medical expenses to over $2,300.

It aims to cover 100% of rural villages by the end of 2024.

Over half identified high medical costs as a barrier to medical freedom.

It has annual benefit limits ranging from HK$5m to HK$10m.

Policyholders of 4-straight years are eligible for an annual increase of ~$140.

Lifetime cost estimates for spinal cord injury ranged between $6.8m and $12.9m.

The industry is projected to rise at a CAGR of 8.9% by 2028.

The circulating ad even featured a government Dep’t logo.

Whilst pay was cited as the top factor to remain in their job, the survey also noted the importance of non-financial benefits for SME workers.

The three new plans offer compensation, home visits, and outpatient coverage. 

Around 60% of those surveyed are more willing to join a firm if they have medical benefits.