Voluntary Health Insurance Scheme

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Quick Start Guide to Voluntary Health Insurance Scheme (VHIS)

With the demand for medical services on the rise, Manulife has applied with the Food and Health Bureau of the Government of the Hong Kong Special Administrative Region to register as a VHIS provider, aiming to bring to customers additional choice of medical insurance products. Take a look at our Quick Start Guide to VHIS to find out what is right for your needs!

Select your life stage to see

why you need VHIS:

Select your life stage to see

why you need VHIS:

Quick Start Guide to VHIS:
If you’re married with kids,

here are 5 figures you should know:

During peak flu season,
the medical inpatient bed occupancy rate exceeded
100 %1
most of the time.

The paediatric inpatient bed occupancy rates at some hospitals have once exceeded
100 %2.

In 2018, the median waiting time for new case Paediatrics bookings was
7 weeks3.

Staying in a private hospital? The median expenditure is
$ 45,0004.

$45,000 is close to
3 times
the median personal income in Hong Kong5.

The public hospital system is overwhelmed and medical costs are rising!

Do you have enough savings to cover your family’s medical expenses?

During peak flu season,
the medical inpatient bed occupancy rate exceeded
100 %1
most of the time.

The paediatric inpatient bed occupancy rates at some hospitals have once exceeded
100 %2.

In 2018, the median waiting time for new case Paediatrics bookings was
7 weeks3.

Staying in a private hospital? The median expenditure is
$ 45,0004.

$45,000 is close to
3 times
the median personal income in Hong Kong5.

The public hospital system is overwhelmed and medical costs are rising!

Do you have enough savings to cover your family’s medical expenses?

Quick Start Guide to VHIS:
If you are hired,

here are 5 figures you should know:

The waiting time for new case Medicine bookings could be as long as
118 weeks6
in 2018.

Staying in a private hospital? The median expenditure is
$ 45,0004.

$45,000 is close to
3 times
the median personal income in Hong Kong5.

Median fees for surgical operations have increased by
33 %
over the last 4 years7.

Do you have group medical insurance?
Group medical insurance can only cover
66 % to 76 %8
of hospitalization expenses.

Overwhelmed public medical system + rising medical costs + insufficient group medical coverage

If you take a break from work, you will lose your group medical protection.

Do you have enough savings to cover your medical expenses?

The waiting time for new case Medicine bookings could be as long as
118 weeks6
in 2018.

Staying in a private hospital? The median expenditure is
$ 45,0004.

$45,000 is close to
3 times
the median personal income in Hong Kong5.

Median fees for surgical operations have increased by
33 %
over the last 4 years7.

Do you have group medical insurance?
Group medical insurance can only cover
66 % to 76 %8
of hospitalization expenses.

Overwhelmed public medical system + rising medical costs + insufficient group medical coverage

If you take a break from work, you will lose your group medical protection.

Do you have enough savings to cover your medical expenses?

Quick Start Guide to VHIS:
If you are about to retire or retired,

here are 5 figures you should know:

Amongst Hong Kong people who had been admitted into hospitals,
31.2 %
were aged 65 or above9.

The medical inpatient bed occupancy rate exceeded 100 %1
most of the time.

Staying in a private hospital? The median expenditure is
$ 45,0004.

The costs of unsubsidized cancer medications at public hospitals are
19 times
higher than Hong Kong people assume10.

The average life expectancy is
88 years for women and
82 years for men in Hong Kong11.

Do you have enough savings to cover your medical expenses for 20 years after retirement?

Amongst Hong Kong people who had been admitted into hospitals,
31.2 %
were aged 65 or above9.

The medical inpatient bed occupancy rate exceeded 100 %1
most of the time.

Staying in a private hospital? The median expenditure is
$ 45,0004.

The costs of unsubsidized cancer medications at public hospitals are
19 times
higher than Hong Kong people assume10.

The average life expectancy is
88 years for women and
82 years for men in Hong Kong11.

Do you have enough savings to cover your medical expenses for 20 years after retirement?

What are the advantages of VHIS?

Well-rounded protection

  • Available to persons from 15 days old to age 80, providing protection for the entire family
  • Covers congenital conditions that have manifested and been diagnosed after age 8

No lifetime benefit limit

Annual benefit limit is HK$420,000. This cover will be refreshed each year (applicable to Standard Plan)

Guaranteed renewal

Once the policy becomes effective, renewal will be guaranteed up to age 100 of the insured person, regardless of any change in health condition

Tax deduction

Premiums paid for eligible persons can be applied for tax deduction up to HK$8,000 per insured person per year. If you purchase VHIS plans for your family members as well, you can enjoy even bigger savings

What are the advantages of VHIS?

Well-rounded protection

Coverage includes:

  • Unknown pre-existing conditions
  • Day case procedures, including endoscopy
  • Hospitalization expenses for psychiatric treatment

No lifetime benefit limit

Annual benefit limit is HK$420,000. This cover will be refreshed each year (applicable to Standard Plan)

Tax deduction

Premiums paid for eligible persons can be applied for tax deduction up to HK$8,000 per insured person per year. If you purchase VHIS plans for your family members as well, you can enjoy even bigger savings

What are the advantages of VHIS?

Issue age up to age 80

Even persons aged 80 can take up a VHIS plan; senior citizens are protected too

Guaranteed renewal

Once the policy becomes effective, renewal will be guaranteed up to age 100 of the insured person, regardless of any change in health condition

Well-rounded protection

Coverage includes:

  • Prescribed non-surgical cancer treatments
  • Prescribed diagnostic imaging tests

Tax deduction

Premiums paid for eligible persons can be applied for tax deduction up to HK$8,000 per insured person per year. If you purchase VHIS plans for your family members as well, you could enjoy even bigger savings

  1. Sources - Hospital Authority: Public Hospitals Key Statistics during Winter Surge. Taking early 2019 as an example, the medical inpatient bed occupancy rate exceeded 100% on January 1 – 31 and February 7 – 14, 2019
  2. Source - Hospital Authority press release dated January 28, 2019: Public Hospitals Key Statistics during Service Demand Surge. The paediatric inpatient bed occupancy rates at Tseung Kwan O Hospital, Kwong Wah Hospital and Prince of Wales Hospital exceeded 100% on January 27, 2019
  3. Source - Hospital Authority: Waiting Time for New Case Bookings at Specialist Out-patient Clinics (January 1 – December 31, 2018). The above refers to the median waiting time for semi-urgent new case bookings for the specialty of paediatrics
  4. Source – 2017 survey conducted by the Life Underwriters Association of Hong Kong (LUAHK), published in Insurance & Financial Planning Bimonthly E-Magazine of LUAHK (November & December 2017 Edition) (Chinese version only)
  5. Source - Census and Statistics Department: Women and Men in Hong Kong - Key Statistics (2018 Edition). The median monthly employment earnings was HK$15,500 in 2017
  6. Source - Hospital Authority: Waiting Time for New Case Bookings at Specialist Out-patient Clinics (January 1 – December 31, 2018). The waiting time for stable new case bookings in the New Territories West could be as long as 118 weeks.
  7. Source – Comparison of fees between 2014 and 2018 for ultra-major, major and intermediate surgical operations/procedures, published in Hong Kong Medical Association Doctors' Fees Survey 2018
  8. Source - The Hong Kong Federation of Insurers, Medical Claims Statistics 2016
  9. Source - Census and Statistics Department, Thematic Household Survey Report No. 63, December 2017. The survey was conducted in 2016-2017
  10. Source – press release of Cancerinformation.com.hk dated July 18, 2018 - ‘Insufficient planning for cancer treatment by the government. Colorectal cancer medication costs 19 times higher than assumed at public hospitals’ (The press release is available in Chinese version only. The English title is a translation for reference only)
  11. Source - Census and Statistics Department, Table E483: Projected Hong Kong Life Tables, 2019-2066 (first released on September 8, 2017, published on February 19, 2019). The expectations of life at birth for both sexes in Hong Kong in 2019