Blue, the first digital life insurer in Hong Kong recently announced the launch of its “WeMedi Group Medical Protector” (the “Plan”), a group medical insurance plan designed to provide SMEs an affordable option of medical care for employees. With an annual premium as low as HK$200 per employee, insured employees can access over 700 designated network doctors and receive 8 types of outpatient services with up to 70% off for unlimited times per policy year.
Mr. Charles Hung, CEO and Executive Director of Blue, stated, “SMEs make up over 98% of the city’s business establishments and many are finding it hard to stay afloat amid the current COVID-19 situation. The new ‘WeMedi Group Medical Protector’ offers SMEs a group medical solution designed to fit their budget and assure enough medical coverage for their employees, exposing them to a range of key benefits that help make their lives easy and feel more secure. By launching this Plan, Blue hopes to relieve stress from any SMEs who are struggling to provide affordable healthcare for their employees, and enhance the quality of their physical and mental wellness especially during these unprecedented times.”
“WeMedi Group Medical Protector” is available to companies with a minimum of three employees, and no medical underwriting is required. The Plan offers two levels of benefits – Entry and Standard, to give businesses the choice of selecting the plan best-suited to meet their employees’ needs. Members of the Standard Plan can enjoy an additional Hospital Cash Benefit, where insured employees admitted into a private or public hospital can receive a daily cash amount of HK$500, covering a maximum of 182 days per policy year, to reduce their financial burdens during hospitalisation.
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