Insurance

Manulife Hong Kong launches Manulife Supreme

Manulife Hong Kong has announced the launch of the Manulife Supreme Voluntary Health Insurance Scheme ("VHIS") Flexi Plan, which offers comprehensive, lifetime protection against illness and injuries.

Providing full coverage of major medical expenses, with no sub-limits, the plan offers customers access to timely, quality medical care, easing the worry of burdensome medical expenses, including those incurred by psychiatric treatment, according to a press release.

The Manulife Supreme Voluntary Health Insurance Scheme ("VHIS") Flexi Plan ("Manulife Supreme") is an indemnity hospital insurance plan certified under Hong Kong Food and Health Bureau's VHIS program. Hong Kong residents can apply for tax deductions of up to HKD8,000 per insured person per year on the premiums they pay for the plan. There is no upper limit on the number of dependents eligible for those deductions.

Wilton Kee, Chief Product Officer for Individual Financial Products, Hong Kong, Manulife, said “We understand that increasing healthcare costs are a real financial strain for many people in Hong Kong, and that's what spurred us to develop Manulife Supreme. With its wide range of benefits, including full cover for psychiatric treatment in Hong Kong hospitals, this new plan gives policy holders improved security and takes financial anxiety out of the equation for anyone already suffering from stress or other conditions that may require psychiatric care. We hope our customers, if they fall ill or are injured, can focus solely on their recovery instead of worrying about whether or not certain conditions and treatments are covered.”

As an advanced VHIS flexi plan that adds to the two VHIS plans launched by Manulife last year, Manulife Supreme is designed to gives customers prompt access to high-quality medical care whenever they need it.

The plan’s features include All-round lifetime protection, Flexible options for annual deductibles, Coverage of unknown pre-existing conditions after 30 days, and Rewards for staying healthy.

Other value-added services are also provided, including cashless hospitalisation, which allows customers to apply for a credit arrangement before admission. Upon approval, Manulife will pay approved hospital and surgical expenses directly on behalf of the insured person.

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