Best Medical & Health Insurance in Hong Kong

Recommendations by licensed insurance experts.

alea

Request a free quote for medical insurance

Full name
Email
Phone number
Last update: 23rd June 2022

Best insurers for medical insurance

Looking for the best medical insurance? You’re in the right place.

Here is our selection of some top health insurance providers in Hong Kong*:

InsurerInsurance planPrice range
April HKMYHEALTH$$$
Bupa AsiaBUPA HERO (VHIS)$$$
Cigna AsiaHEALTH FIRST ELITE$$$
HennerCARE & HEALTH$$$
Morgan PriceEVOLUTION ASIA$$$

*In alphabetical order. This list is compiled based on our research and doesn’t aim to be exhaustive.

A sound health insurance plan is almost a must-have if you want to avoid the long queues at public hospitals and enjoy Hong Kong’s top-grade private healthcare services despite the city’s ever-soaring medical costs. But there comes the question: How do you choose a plan that fits, like, out of hundreds of plans and tens of insurers?

Our experts at Alea know all insurance products by heart and are here to recommend some top health insurers with the best costs, coverage, customer experience, claim process and additional features.

Let us break down the pros and cons of each insurer so you can compare your best options at a glance.

april asia insurance

April HK

MYHEALTH
Price: $$$

April Hong Kong MyHEALTH stands out as a great choice for those who seek flexibility within a decent budget.

Healthy Matters
Pros
  • Flexible benefits for mixing and matching
  • Competitve pricing
  • Deductible applicable to inpatient only
Healthy Matters
Cons
  • Strict underwriting
  • High loadings for pre-existing conditions
Bupa insurance

Bupa Asia

BUPA HERO (VHIS)
Price: $$$

Bupa’s flagship product Bupa Hero takes VHIS to the next level by introducing extensive medical coverage at a reasonable price.

Healthy Matters
Pros
  • Tax deductible
  • Deductibles applicable only to inpatient cover
  • Critical illness add-on available
Healthy Matters
Cons
  • Slow administration
  • All claims must be in original copies
  • Exclusion only for pre-existing conditions
cigna insurance

Cigna Asia

HEALTH FIRST ELITE
Price: $$$

Health First Elite from Cigna Asia is definitely a good match for high-end consumers, particularly those who have pre-existing conditions.

Healthy Matters
Pros
  • Deductible applicable to inpatient only
  • Asia area of cover as an option
  • Flexible cover for pre-existing conditions
Healthy Matters
Cons
  • Servicing can be slow
  • More admin for claims

Henner

CARE & HEALTH
Price: $$$

Henner offers comprehensive international health cover with good deductible discounts, though it is not the most affordable option.

Healthy Matters
Pros
  • Good deductible discounts
  • Deductible applicable to in patient only
  • Highest overall annual limit
Healthy Matters
Cons
  • Expensive

Morgan Price

EVOLUTION ASIA
Price: $$$

This budget-friendly option from Morgan Price covers you abroad with practical benefits.

Healthy Matters
Pros
  • Competitive pricing
Healthy Matters
Cons
  • Built in all in one plan
  • Exclusions only for pre-existing conditions

How do we select these insurers?

We have closely worked with our 25+ insurance partners for many years and we know their products inside out. As an independent insurance broker, we choose to work with insurers with an excellent track record and sell only products that we believe in, tried and tested. The above recommendations are made by our board of licensed insurance advisors based on criteria including the costs, coverage, customer experience, claim process and additional features of each insurer. In short, we are not paid to make these recommendations.

25+
Insurance partners
axa insuranceblue cross insurancefwd insurancesun life insurancechubb insurance

The bottom line

Let’s be frank, there is no “best” insurer or “one-size-fits-all” insurance plan. Every product has its own strengths & weaknesses and it is important that you have them in mind before signing a policy, which certainly takes a lot of browsing, reading and comparing. But with Alea, rest assured that you will get peace of mind as we simplify everything for you.

We tailor each recommendation to suit your specific needs and budget and provide unbiased advice on a case-by-case basis so you can find the best fit for your situation. Even better, our advisory service comes free of charge – since we are remunerated via a commission on the insurance premium you pay directly to the insurance provider!

Get in touch with an advisor today for a detailed comparison of your insurance options!

Which medical insurance is best in Hong Kong?

Our picks of insurers for medical insurance are:

  • April HK
  • Bupa Asia
  • Cigna Asia
  • Henner
  • Morgan Price

How much is medical insurance in Hong Kong?

Hong Kong has the second most expensive private healthcare sector in the world and this is reflected in health insurance premiums. In general, insurance premiums vary on several factors, namely age, country of residency, pre-existing conditions, benefits you choose and smoking habits. Get a personalized quote now to check the price.

Do I need health insurance?

This has a lot to do with whether you are using healthcare services in the public or the private sector, of which costs can vary greatly. In essence, if you want to rely on private healthcare and avoid the often long waiting time at public hospitals, you are advised to get a medical insurance plan that can cover the high costs of treatment in private hospitals and doctors. Medical insurance can also cover you for specific health needs like eye examinations, dental scalings or body checkups.

The best time to get health insurance is when you are still young and healthy, free from any pre-existing conditions that may be excluded by insurers.