Voluntary Health Insurance Scheme (VHIS)

What is the Voluntary Health Insurance Scheme?

Introduced by the HKSAR government to regulate hospital insurance plans to individuals, the Voluntary Health Insurance Scheme VHIS provides a number of standardized products to encourage the use of private healthcare services.

There are two certified VHIS plans:

Standard Plan

offers basic protection as per minimum requirements of VHIS

Flexi Plan

offers enhanced protection with higher benefit amounts and a wider range of coverage

encourages product innovation, competition and diversity to meet market needs

Key Features of VHIS Plans

Guaranteed renewal up to the age of 100 years without re-underwriting

Regardless of your age and health condition, you will have continuous coverage.

Treatment of congenital conditions

Conditions that have manifested or been diagnosed since the age of 8 will be covered.

Tax deduction

Premium paid is tax-dedutible, up to $8,000 per insured person per policy.

Day case procedures

Day case procedures such as endoscopy conducted in day centers will be covered.

No “lifetime benefit limit”

Meaning no cap on how much you can claim in your lifetime.

Prescribed diagnostic imaging tests

Tests such as CT scan, MRI scan, and PET scan will be covered, subject to 30% coinsurance.

Unknown pre-existing conditions

25% of claim amount in the 2nd year, 50% in the 3rd year, and fully covered from the 4th year onwards.

Prescribed non-surgical cancer treatments

Treatments such as radiotherapy, chemotherapy, and targeted therapy will be covered.

Cooling-off period of 21 days

This is the time during which you may cancel your policy and receive a full refund.

Psychiatric inpatient treatments in local hospitals

These treatments will be covered up to the limit of HK$30,000 per year.

Premium transparency

Premiums schedule and scope of coverage are easily accessible.

If you would like to know more about the difference between the private and public healthcare costs to better evaluate your insurance needs, you can refer to the Private vs Public Healthcare in Hong Kong Guide. You can also contact one of our expert advisors today to obtain professional advice or/and a free personalized quote.