As a partner to SMEs in Hong Kong, we share your commitment to your employees’ well-being. Amid global challenges and economic shifts, we’ve continuously improved our products and services to meet the evolving needs of our clients.
Following a thorough market analysis and product review, we’ve decided to launch a series of Corp Medical Insurance product upgrades on September 1, 2024.
We will offer annual flu vaccines at all plan levels except Basic Bronze* to protect your employees from seasonal flu. Each insured member will be eligible to receive a free quadrivalent influenza vaccine at our network clinics in the policy year.
Healthcare costs have risen since we introduced our package plans in 2020 due to advancements in medical technology. To help you keep pace with medical inflation, we are raising the inpatient coverage limit of our Basic Silver and Pro Bronze plans from HK$20,000 to HK$25,000 per policy year. This means your employees will have greater financial security for essential medical expenses incurred during a hospital stay.
We are extending coverage for outpatient diagnostic and lab tests to all our Pro Care Series products. The Pro Bronze and Pro Silver plans now include a benefit of HK$500 per policy year, while the Pro Gold plan continues to offer coverage up to HK$1,500 per policy year. This benefit will allow your employees to access necessary diagnostic services, including X-rays, blood tests, ultrasounds, and biopsies, without incurring significant out-of-pocket expenses.
Recognising the long-term protection needs of corporate employees, we are increasing the life insurance benefits for the Basic Silver and Pro Bronze plans from HK$20,000 to HK25,000. This upgrade aims to top up financial protection for your employees and their families in the event of misfortune, at the same time reducing coverage gaps between different plan levels.
We’ve enhanced the benefits of our Basic Silver, Basic Gold, and Pro Gold plans with no change to their current premiums. As for our Pro Bronze and Pro Silver plans, the benefit improvements will involve a necessary premium adjustment to ensure the long-term sustainability of our products while maintaining our competitive coverage and service.
Any new premiums will be effective upon your next renewal:
| Plan level | New premium (per member, per month) |
| Basic Bronze | HK$10 (No change) |
| Basic Silver | HK$98 (No change) |
| Basic Gold | HK$198 (No change) |
| Pro Bronze | HK$388 |
| Pro Silver | HK$488 |
| Pro Gold | HK$598 (No change) |
Bowtie has witnessed incredible growth in our corporate customers over the past few years, with their needs evolving alongside their success. To meet the demand for more comprehensive coverage, we’re excited to introduce our brand new Pro Platinum plan for businesses seeking the highest level of care for their employees (monthly premium at HK$798 per member).
| Inpatient coverage | Pro Platinum provides higher inpatient coverage with an annual limit of HK$120,000, offering greater peace of mind for your employees and their families. |
| Outpatient diagnostic imaging and laboratory tests | Pro Platinum covers essential diagnostic services with an annual limit of HK$2,500, ensuring your employees have timely access to advanced imaging and testing. |
| Outpatient psychiatric coverage | Recognising the growing importance of mental health, Pro Platinum stands out by including coverage for outpatient psychiatric consultations and treatment, supporting your employees’ mental well-being. |
| Dental benefit | With Pro Platinum, your employees are covered for two oral examinations and scalings per policy year, promoting optimal oral health. |
| Death benefit | Pro Platinum includes a compassionate death benefit of HK$120,000, payable to the designated beneficiary in the event of the insured member’s passing. |
The Pro Platinum plan is priced at HK$798 per member per month.
For details, please refer to our product page and benefit schedules.
As we innovate and upgrade our insurance offerings, we remain committed to transparent and open communication about our product changes. For any questions, please contact our Customer Service team at cs@bowtie.com.hk.
Thank you for your continued support and trust!
The Bowtie Team
Yes. The product enhancements outlined will automatically take effect from September 1, 2024. You’ll be able to enjoy the upgraded coverage regardless of your policy’s renewal date.
We’ve worked hard to minimise financial impact while improving our offerings. For customers using our Basic Bronze, Basic Silver, Basic Gold, and Pro Gold plans, premiums will remain the same. If you’re enroled in our Pro Bronze or Pro Silver plans, you’ll see adjusted premiums reflecting the enhanced benefits at your next renewal.
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