Manulife Asia Care Survey 2024

Have you found time to set goals for your future self? Let’s say, 10 years from now. A decade-long journey is equal to 5.25 million minutes of life. Yet, it only takes a second to focus on your well-being.

The Asia Care Survey 2024 shows how people across the region perceive their current and future physical, mental, and financial well-being.

In Hong Kong, Manulife’s study of more than 1,000 residents took place in January 2024. We invite you to explore the survey’s findings and discover how Manulife can be their partner for progress.

Respondents are unsure they will achieve their desired levels of physical, mental and financial well-being.

Respondents in Hong Kong feel the least ready for their ‘financial’ & ‘physical’ well-being in a decade, with 15 points separating their ‘desired’ and ‘expected’ levels of future satisfaction.

People also rate physical well-being as the most crucial attribute, while mental welfare is considered the least important feature. In fact, mental well-being is a vital measure of your overall health, as it can often act as an alarm bell signalling future physical ailments.

Let’s take a closer look at the challenges people face:

Protecting your health is protecting your wealth.

Having good physical and mental health can positively impact your financial health. It can help prevent chronic illnesses and reduce the need for costly medical treatments. As a result, you could face lower healthcare expenses and less disruption to your financial goals.

People in their 30s have the least confidence in their mental well-being

When rating their mental well-being a decade from now, respondents in their 30s have a more negative outlook than younger and older age groups.

Age group	Physical (score out of 100)	Mental (score out of 100)
25-29	72	72
30-39	71	69
40-49	72	73
50-60	68	70

Cancer and stress worry Hong Kong respondents the most

Physical illnesses

Mental illnesses

30% Cancer

28% Heart disease

26% Diabetes

25% Stroke

23% Flu and pneumonia

18% Overweight

16% Liver diseases

14% Renal disease

14% Chronic lower respiratory disease

34% Stress

28% Anxiety

24% Sleep disorders

24% Cognitive impairment

19% Depression

10% Loneliness

Meanwhile, certain physical and mental illnesses concern the younger generation (aged 25-29) more than older age groups. These include diabetes, liver diseases, chronic lower respiratory disease, flu and pneumonia, depression and sleep disorders.

Respondents aged 30-39 tend to worry more about cancer, renal disease, overweight, stress, and anxiety. At the same time, people in their 50s are anxious about heart disease, stroke, loneliness, and cognitive impairment. Quickly addressing these age groups' health needs and concerns is critical to their future well-being. 

What can I do?

72% of respondents are taking action to boost their long-term health.

Not only do we hope for longer lives, but we also want to remain healthy as we grow older. Our survey revealed that 72% of respondents are actively changing their current lifestyles to prevent sickness and achieve better health outcomes in the future.

Address mental health risks now…

According to the World Mental Health Report, mental health is as important as physical fitness. Mentally unwell people may face various risks, including physical impairments, loss of productivity, and reduced social interactions. Some of these factors may already be present, while some could develop over the long term.

It is vital to address these mental health issues early on and ensure you have access to the necessary support and resources to maintain your well-being. For example, stomach issues, muscular-skeletal, and skin complaints are often suffered by people who have been under prolonged stress. Dealing with anxiety at the outset could help prevent the onset of these conditions.

…and get a good night’s sleep

Understanding the role of sleep in maintaining your health can help you prioritise a good night’s rest. This will help you be today, tomorrow and long into the future.

But remember to maintain adequate insurance cover.

66% and 63% of respondents agree that having sufficient insurance cover can help them achieve their desired level of physical and mental well-being respectively.

Supports from agents: Regular reviews are people’s top insurance policy need.

of respondents want regular insurance policy reviews.

37.6%

of respondents want regular insurance policy reviews.

of respondents seek recommendations on suitable health checks and medical services for their individual health situations or life stages.

35%

of respondents seek recommendations on suitable health checks and medical services for their individual health situations or life stages.

of respondents are keen to learn about different ways to monitor their health.

28.3%

of respondents are keen to learn about different ways to monitor their health.

Where will Better take you?

Talk to our experts

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This Asia Care Survey 2024 is provided for general information purposes only and does not take account of your individual needs and circumstances. It should not be construed as an insurance advice and does not constitute any offer or any solicitation to offer or a recommendation of any insurance product(s).

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Manulife Asia Care Survey 2024

Protecting your health is protecting your wealth.

People in their 30s have the least confidence in their mental well-being

25-29

72

72

30-39

71

69

40-49

72

73

50-60

68

70

Cancer and stress worry Hong Kong respondents the most

30% Cancer

28% Heart disease

26% Diabetes

25% Stroke

23% Flu and pneumonia

18% Overweight

16% Liver diseases

14% Renal disease

14% Chronic lower respiratory disease

34% Stress

28% Anxiety

24% Sleep disorders

24% Cognitive impairment

19% Depression

10% Loneliness

What can I do?

Supports from agents: Regular reviews are people’s top insurance policy need.

of respondents want regular insurance policy reviews.

37.6%

of respondents want regular insurance policy reviews.

of respondents seek recommendations on suitable health checks and medical services for their individual health situations or life stages.

35%

of respondents seek recommendations on suitable health checks and medical services for their individual health situations or life stages.

of respondents are keen to learn about different ways to monitor their health.

28.3%

of respondents are keen to learn about different ways to monitor their health.