Helpful Tips On How To Choose The Best Hong Kong Family Insurance

Posted by rstacey
 

Ever sat in front of your computer or mobile phone searching on Google for the best family insurance plan in Hong Kong? There’s no doubt you’ve probably come across endless results, developing mixed feelings along the way.

Trust us, this is normal for everyone, which is why Pacific Prime Hong Kong is on hand to support readers like you in providing the following tips to help choose the best Hong Kong family insurance.

1. Identify the right coverage benefits for your family in Hong Kong

First things first, you have to ask yourself what you would like the family insurance plan to contain. Below are key coverage benefits for your consideration.

● Inpatient cover

● Outpatient cover

● Vaccinations

● Dental treatment

● Optical care

Maternity coverage

● Traditional Chinese Medicine

● International healthcare coverage

● Preventative benefits (e.g. health checkups)

● Pre-existing condition cover

Carefully consider the above and choose what you would like cover for on your family health insurance plan.

2. Find out how to save money on family health plans

Let’s be real here: we all want to save money. To do so for family health plans, we would recommend you do the following:

Adjust your deductible

A deductible is the amount you must pay first when you require care before your insurer covers the rest. The rule of thumb is that the higher the premium, the cheaper your overall premium will be - and vice versa.

Asking about family insurance discounts

Depending on the insurer, you may be able to request some form of a discount on family health insurance plans, such as a multi-child discount.

Get an update of health insurance costs in Hong Kong

It’s vital that you have the latest insight and reports concerning health insurance. Fortunately, to help our readers, State of Health Insurance 2018-2019 report has the answers to the following:

● What is the cost of international health insurance?

● How much have premiums increased by?

3. Look out for plan limitations and exclusions

Be sure to read the policy documentation, and check out certain terms and conditions including:

● The benefit limits

● Healthcare provider network

● Coverage for pre-existing conditions

● Waiting periods

4. Ensure your family insurance plan offers worldwide cover

There may be occasional trips abroad with the family that you would want cover for, so the last thing you want is for your family’s health plan to stop covering everyone at the border. With this in mind, be sure to request for plans that offer international health coverage for the whole family.

5. Seek the help of a Hong Kong family insurance expert

Without a doubt, Google does a great job when it comes to searching for results, but ultimately, speaking to an insurance expert like Pacific Prime Hong Kong will help get you the right plans for your family’s needs.

For a free quote, or some impartial advice, get in touch with our experts today!






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