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  • October 26, 2014
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  1. Insurer offers epidemic cover

    Posted Jun 01st 2004, 12:00am by Enoch Yiu

    ... Kelvin Wong and Enoch Yiu The memory of empty hotel rooms during the Sars outbreak last year has given rise to a new insurance policy offering cover against the potentially huge financial losses should another epidemic strike. Launched by insurance broker Jardine Lloyd Thompson (JLT) Hong Kong and backed by American International Group (AIG), the business interruption insurance ...

  2. Critical illness policies 'no help' in flu cases

    Posted Apr 30th 2009, 12:00am by Danny Mok

    ... Danny Mok Insurance industry sources said critical illness insurance will not cover medical costs claimed in relation to swine flu. Elaine Chan Sau-ho, vice-president of group and credit insurance in AIA's health services department, said critical illness insurance generally only covered illnesses like cancer or heart disease. 'So far I haven't seen any critical ...

  3. Public hospitals boss wants insured to pay more than HK$100

    Posted Jul 29th 2010, 12:00am by Ella Lee

    ... Ella Lee Patients who join a proposed voluntary health insurance scheme should be asked to pay a higher proportion of the costs of their treatment in public hospitals, then claim the money on their insurance, Hospital Authority chairman Anthony Wu Ting-yuk says. Instead of paying only a heavily subsidised charge of HK$100 a day, public patients covered by the proposed government-regulated ...

  4. Court rules for insurers in Sars claim dispute

    Posted Apr 09th 2010, 12:00am by Staff Reporter

    ... Ng Yuk-hang Business losses incurred before Sars became a government-listed infectious disease in March 2003 should not be covered by insurers, a Court of First Instance judge ruled yesterday. Ten of Hong Kong's major hotels and developers in the New World Development stable had filed a case against six insurers over the exact date of the start of the outbreak of Severe ...

  5. Seeing is believing in travel medical insurance

    Posted Dec 02nd 2008, 12:00am by Enoch Yiu

    ... is the importance of getting travel insurance before setting off on a trip. It is not just the money saved but the emergency assistance offered by travel insurance that is important when one falls sick in a foreign country. I woke up the morning of the last day of my holiday in Paris to discover I was completely blind in one eye. After I called the emergency assistance number of Zurich Insurance ...

  6. 2m offered swine flu jabs as 'insurance'

    Posted Jun 10th 2009, 12:00am by Ella Lee

    ... Ella Lee The government is buying insurance by spending HK$1 billion on swine flu and other flu vaccines to give free inoculations to millions of people at risk, health minister York Chow Yat-ngok said yesterday. Confirming the launch of the city's biggest free inoculation programme, the secretary for food and health said: 'The programme is entirely voluntary... We have ...

  7. Private insurance model a prescription for deceit

    Posted Jun 12th 2008, 12:00am by Darren Mann

    ... of the Hong Kong Federation of Insurers, in response to the consultation on health-care-financing reform. But when health care is delivered in a commercial insurance market, there is only one way for costs to go- up- through running expenses and fraud. The government's proposal is to pool health-care-financing risk with a flat premium insurance scheme open to all, and administrative ...

  8. Sars insurance premiums to decline

    Posted Jan 19th 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Costs of cover are expected to fall as more becomes known about the disease Rapidly rising premiums for insurance cover against Sars will probably drop as more becomes known about the virus, according to Insurance Commissioner Richard Yuen Ming-fai. The insurance industry has been under attack for its reluctance to provide Sars cover; only three insurers provide ...

  9. Use medical savings for insurance: report

    Posted Aug 22nd 2007, 12:00am by Ella Lee

    ... Ella Lee Employees would be required to contribute 3 per cent of their earnings to a medical savings account, but be able to spend part of it on medical insurance, according to proposals ... the foundation saw the need to add insurance to the financing model. The foundation would raise the minimum salary for participation in the medical savings plan to HK$8,000 from the HK$5,000 it had ...

  10. Curing a sick insurance system

    Posted Aug 10th 2006, 12:00am by Feng Chi-Shun

    ... Feng Chi-shun The Medical Council recently lambasted medical insurance companies for imposing on doctors 'inhumane' contract conditions that are against medical ethics ... on actuarial principles. I used to work for a medical insurance company as a consultant. One thing I learned is that it's a cutthroat business open to abuse by policy- holders and medical ...




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