private health insurance

Hong Kong medical claims could double in a decade, study warns

Medical claims paid by Hong Kong insurers could double within a decade, a study warns. Total claims rose 61% from HK$10.99 billion in 2019 to HK$17.73 billion in 2023, with inpatient claims surging 75% to over HK$14 billion. The study of over 10 million claims raises serious concerns about private health insurance affordability.