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
Jul 16, 2021
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, or that they are remote employees working overseas, 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, colonoscopy etc. These services are usually very costly and hard to afford in case anything happens to your employees, hence the level of protection coverage is a crucial factor to consider when choosing your 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.

Add-On Benefits

Add-On Benefits 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. Understanding the overall needs and habits of your employees helps you to choose the most practical protection for them.

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 time from searching or travelling. 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 with an e-medical card, your employees can just present that to the network doctor and minimise the chance of claims. Not all insurers offer e-medical cards, but physical cards are mostly available.

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 services which requires heavily on physical 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 providers might provide you with a heavy booklet to look up the list of network doctors, which is inconvenient as employees will always need to keep this bible with them and flip through to find the right network doctor. Some insurers nowadays provide online health platform, which employees can search for network doctors online by applying filters such as by location or by specialty.


If online booking function is available, employees can even arrange doctor’s appointments by themselves easily. They no longer have to queue and waste their time waiting at the clinic.

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 an 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! 

bluum team sme group medical insurance

Wellness Perks

Healthcare benefits have become more multifaceted than ever since the pandemic. Employers need to take care of both physical and mental wellbeing of employees. Aside from the more traditional body check-ups or eye exams, you would want to look for group health insurance that offers digital wellness services, such as meditation app and fitness tracking tools.

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 tailored for large corporates, our blüüm team group medical insurance focuses on a holistic approach to health management offering varied levels of protection and comprehensive digital health services to keep your team healthy always. Our plans come in a range of protection levels to fit budgets of any startups and small businesses.

Apart from medical protection with international coverage and 2,500+ network doctors in Hong Kong, our health management app ranges from online doctor appointments, e-claims, to personalised mindfulness programme and access to AMAZ 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 blüüm team group medical insurance and get a quote from our health management consultant now!

employee benefits
Jul 16, 2021
blüüm
Subscribe to our newsletter
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Subscribe to our newsletter

Stay up to date with the latest news, articles, and resources.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

More content like this

More content like this

5 tips for choosing the right group medical insurance

With a variety of policies available on the market, employers may find them similar and feel confused when it comes to policy selection. Looking into the details is key to identifying the right plan.

employee benefits

Dec 5, 2020

5 SME Group Medical Insurance Trends in 2021

68% of insurers globally expect increased medical claims driven by COVID-19 diagnostics, care and treatment. Insurers also claimed that they expect rises in medical costs to last to vastly outstrip in

employee benefits

Dec 5, 2020

How to Maximize Employee Benefits with Your Group Medical Insurance?

Coverage details and value-added services of a group medical insurance plan can be an important part of your company's employee benefits. Here are the 3 manoeuvres to help you make the right choice

employee benefits

Dec 5, 2020