A Guide to Group Medical Insurance for Employees in Hong Kong SMEs

A Guide to Group Medical Insurance for Employees in Hong Kong SMEs

A Guide to Group Medical Insurance for Employees in Hong Kong SMEs

blüüm
employee benefits
Dec 5, 2020
A Guide to Group Medical Insurance for Employees in Hong Kong SMEs

Creating a motivated team with a positive vibe is very important to retain employees in a company. In the past, employees might only care about the amount of salary they are earning. But nowadays, employees no longer just focus on the salary but they also care about the workplace culture, working hours, flexibility and staff benefits.  Companies that are doing great in these areas can create a positive vibe in the team to boost productivity.


This is when group medical insurance comes into play, which brings competitive advantage for the company to retain employees. Employees always want their company to offer them a decent group medical insurance package, so they can enjoy it as a staff benefit without paying extra. It starts to become an important factor to consider when people look for their permanent job and whether to stay with the company.

Tips to Pick The Right Group Medical Insurance

Here we are, introducing you how to pick the right and suitable group medical insurance for your employees as an SME.

Participation Criteria 

There is a minimum number of employees required in order to subscribe for the group medical insurance in Hong Kong, and the minimum number would usually start from 3 to 5 employees. If your company has fewer employees, it is hard to enjoy any premium discount from the insurance company and to be covered for any pre-existing health conditions as health declaration is usually required from many insurance companies. However, if you subscribe to StartupCare SME group medical insurance plan, teams of 3 and above can also enjoy this coverage after a 12-month waiting period, with no health declaration required.

Geographical Coverage

Each group medical insurance has a different coverage area, you have to understand your employees’ needs in order to choose a plan that suits them most. Let’s say if your employees have to travel to other countries for business purposes frequently, an insurance plan with worldwide coverage might be a better fit. But you also have to make sure Emergency Assistance services are included in your group medical insurance plan, so when your employees encounter any emergency during their travel, they can get help right away. Emergency assistance services could include overseas medical support, luggage retrieval, and emergency cash transfer.

Core Medical Benefits

Hospital and surgical benefits are the key in the group medical insurance plan. According to a survey conducted by Mercer, up to 99% companies provide hospital insurance to their employees.

Depending on the group medical plan you pick, hospital benefits can cover surgery charges, medicines provided during hospitalisation, semi-private and private hospital room expenses, inpatient diagnostic tests such as X-rays etc. These services are usually very expensive, thus it would be great if these can be covered by the group medical insurance.


Some upgraded plans can even provide hospital income and cash benefits to the insured, so they can still have financial support during hospitalisation. This is especially  important for the breadwinner in a family. Read more to learn how to choose the right group medical insurance for your team!

Add-On Benefits

Add-On Benefit in the group medical insurance plan usually includes outpatient benefits, such as General Practitioner, Chinese Herbalist, Outpatient and Physiotherapist’s consultation, dental benefits and even health check-up. These services are essential as employees might just go for an outpatient service when they are sick.


Medical Network

The size of a medical network determines how easy your employees can find a network doctor. If the medical network is large enough, employees can easily find the network doctor in any location which saves them lots of time from searching. But do note that the size of the medical network depends on the insurance company that offers the group medical insurance.


Another perk is that employees don’t have to claim their fee separately but just presenting the medical card to the network doctor would do. It saves up lots of manpower to do the claims too.

Seamless Experience - What You Need Now for Group Medical Insurance

Technology has become the dominance of our daily lives, nearly everything has become digitalised. The same thing goes to insurance. It's time for us to abandon the traditional insurance service which requires heavily on agents’ management and paperwork for onboarding. You also don’t want your employees to spend a massive amount of time managing claims. As such, you want to consider a seamless experience when choosing group medical insurance. Try to select the group medical insurance that can be supported by an online platform to keep things easy.


Online Network Doctor Search & Appointment 

Traditional insurance might provide you with a heavy booklet to look for the network doctors, which might be very inconvenient as employees may always have to keep the booklet with them and flip it through whenever they look for a network doctor. With online support, employees can easily use the filter function and find the right doctor for them in their selected location. How convenient it is! 


With the online booking system, employees can also arrange doctor’s appointments by themselves easily. They no longer have to queue outside the clinic which saves their long waiting time.

E-Medical card

A physical card might be lost easily or people may forget to bring it when they go for a doctor's appointment. With the e-medical card, even if your employees forget to bring it or they lose it, they still have the e-medical card as the backup! 

Your Best Partner for Group Medical Insurance


blüüm's mission is to create a more delightful and human-centric health insurance experience for small businesses and their work families. Unlike your traditional health insurance with just pure protection, our group medical insurance focuses on a holistic approach to health through our Cure + Care framework.

In order to provide a comprehensive employee benefits programme for your team, apart from comprehensive medical protection tailored for both small and bigger teams, our health management app ranges from online doctor appointments, e-claims, to personalised mindfulness programme and access to lifestyle perks platform.   Taking good care of your employees’ health and wellbeing is very important for productivity. Therefore, choose a good group medical insurance plan that suits your employees needs. Check out our website for group medical insurance and get a quote from our health management consultant now!

employee benefits
Dec 5, 2020
blüüm
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