Group Medical Insurance in Hong Kong: The Numbers at a Glance

This page is a fast, citable reference for the specific figures that come up most often around group medical insurance in Hong Kong, presented as short, direct data points rather than a narrative report. For the fuller market context behind these figures, including medical inflation forecasts and workplace injury data, see our Hong Kong group insurance statistics report.

Medical cost trend, 2026

• WTW: Hong Kong medical costs projected to rise approximately 9.9 per cent in 2026

• Mercer Marsh Benefits: 10.5 per cent for Hong Kong, against a 12.5 per cent Asia average

• Aon: 11.3 per cent across the wider Asia-Pacific region

International cost ranking

• Hong Kong has ranked among the two most expensive markets globally for international health insurance in Pacific Prime's research for several consecutive years

• Average international individual plan cost in the region of US$8,000 per year, 2024 figures

• Family plans considerably higher than the individual figure

Structural figures that drive plan design

Compulsory cover benchmarks

• Employees' Compensation minimum cover: HK$100 million per event (up to 200 employees); HK$200 million above that

• Employees' Compensation non-compliance penalty: up to HK$100,000 fine and up to two years' imprisonment

• MPF contribution rate: five per cent each from employer and employee, on relevant income up to the prescribed cap

• VHIS tax deduction: up to HK$8,000 per insured person per year, in effect since April 2019

Workplace injury figures

• 28,612 occupational injuries recorded in Hong Kong in 2024 (Labour Department)

• All-industry injury rate: 9.8 per 1,000 employees

• Construction industry injury rate: approximately 24.8 per 1,000, roughly two and a half times the all-industry average

• 273 occupational fatalities recorded in 2025

Market scale

• Total gross insurance premiums in Hong Kong: approximately HK$637.8 billion in 2024 (Insurance Authority)

• General business, including accident and health lines, forms a meaningful share of this total

How to use this page

Use these figures as quick, sourced reference points, for a board presentation, a renewal negotiation, or an internal budgeting conversation, rather than as a substitute for a quote specific to your own group. Each figure links back to its source category in our fuller statistics report, and the practical implications of each are covered in the relevant guide: group medical cost, Employees' Compensation cost, and what group medical covers.

Keeping these figures current

Every figure on this page is sourced from a specific, named report or government dataset, each published on its own annual or periodic cycle. Where precision genuinely matters, for example citing a figure externally or in a formal document, always verify against the primary source directly rather than this summary alone, since a stat sheet by its nature trades some nuance for speed and may lag the very latest release by a matter of months.

Additional figures worth knowing

• Guaranteed issue for group life insurance typically applies up to a set sum insured before health evidence is required, varying by insurer

• Corporate travel insurance is typically structured as either single trip or annual multi-trip cover, with annual cover generally more cost-effective for regular travellers

• Domestic helper insurance packages bundle Employees' Compensation with the medical benefit required under the standard employment contract

• The MPF enrolment window for new eligible employees is set by the MPF Schemes Ordinance and should be actioned promptly after a new hire's start date

A note on how to read stat sheets responsibly

A page like this is designed for speed, pulling together figures that would otherwise require checking several separate sources, but that convenience comes with a trade-off worth being honest about: a single bullet point strips away the context, methodology and caveats that the original report attached to the same figure. For any use beyond a quick internal reference, particularly anything that will inform a real financial decision, reading the original report the figure came from is worth the extra few minutes it takes.

What this page deliberately leaves out

This page focuses purely on figures directly relevant to group medical and the compulsory covers that sit alongside it. It does not attempt to cover the adoption and trend data found in our separate state of employee benefits report and employee benefits trends guide, nor the business insurance figures relevant to lines like professional indemnity or cyber cover, which sit outside group medical entirely. Splitting the data this way keeps each reference page focused and genuinely fast to scan, rather than one long page trying to cover every number relevant to a Hong Kong employer at once.

A note on figures that are deliberately absent

You will notice this page does not include a single average premium-per-employee figure for group medical, despite that being one of the most commonly searched numbers on this topic. This is deliberate: no reliable, independently published average exists for the Hong Kong market at this level of granularity, and presenting a made-up or loosely sourced number would be worse than not presenting one at all. The honest answer to that specific question is that it depends heavily on your group's age profile, benefit level and room choice, and the only reliable way to get it is a quote for your own company, covered in our group medical cost guide.

A short note on using this page in a presentation

If you are pulling figures from this page for a board deck, a budget proposal, or a benefits review presentation, cite the original named source alongside the number, WTW, Mercer Marsh Benefits, the Insurance Authority, or whichever report a specific figure came from, rather than citing this page as the source itself. This is both good practice and gives your audience a way to verify the figure independently if they want to, which tends to lend more credibility to the presentation than an uncredited number.

Bookmark this page, but verify before anything formal

This page is designed to be the fastest place to find a figure you have seen before but cannot quite recall precisely, room level cost differentials, the EC minimum cover amount, the VHIS deduction cap, and similar recurring numbers. For anything genuinely formal, a regulatory filing, a signed contract term, or a number quoted externally, always trace it back to the current version of the primary source rather than relying on any secondary page, including this one, since sources update on their own schedules independent of when this page was last reviewed.

Get a figure specific to your company

Market averages are a useful backdrop, but the only number that matters for your own budget is a quote based on your specific group. Get a group medical quote, or talk to an advisor.