VHIS-EN

Adult’s VHIS Premium Comparison

Treatment costs can be a significant burden if you do not have medical insurance. Bowtie shows you how to get a medical plan with sufficient coverage with fair price.

Updated on 2023-05-18

If you are looking for a medical plan with sufficient protection with a reasonable price, you could consider VHIS Standard Plan! VHIS Standard Plans on the market offer similar protection. You could simply compare the premium of th plans and choose the best for yourself.

Male Graduates/ Working Professionals

Last year, Bowtie lowered the premiums of its VHIS Standardto become the cheapest plan in Hong Kong!

According to the website of the Health Bureau, the premium of Standard Plan for men aged 22-40 range from HK$1,260 to HK$4,104.

Bowtie charges 3 times cheaper than the most expensive plan, with a yearly difference of over HK$3,000 for 31-36 year-olds insured male.

The HK$3,000 saved in premiums can buy 2 more VHIS for a male aged 22-29!

The Cheapest VS the Most Expensive Plan

Age	Bowtie	The most expensive VHIS	Difference
22	$1,260	$4,104	$2,844
23	$1,308	$4,104	$2,796
24	$1,334	$4,104	$2,770
25	$1,380	$4,104	$2,724
26	$1,428	$4,104	$2,676
27	$1,476	$4,104	$2,628
28	$1,512	$4,104	$2,592
29	$1,536	$4,104	$2,568
30	$1,572	$4,104	$2,532
31	$1,620	$4,914	$3,294
32	$1,680	$4,914	$3,234
33	$1,740	$4,914	$3,174
34	$1,800	$4,914	$3,114
35	$1,860	$4,914	$3,054
36	$1,908	$4,914	$3,006
37	$1,968	$4,914	$2,946
38	$2,016	$4,914	$2,898
39	$2,064	$4,914	$2,850
40	$2,182	$4,914	$2,732

Market Overview (Cheapest VS the Average)

For a fair comparison of prices, we compare Bowtie’s VHIS standard plan with all standard plans in the market (calculation includes Bowtie).

Male adults within the age range of 22-40, the yearly premium difference is up to HK$800.

Age	Bowtie	Average annual premium of all plans on the market^	Difference
22	$1,260	$1,872	$612
23	$1,308	$1,904	$596
24	$1,334	$1,938	$604
25	$1,380	$1,996	$616
26	$1,428	$2,047	$619
27	$1,476	$2,097	$621
28	$1,512	$2,139	$627
29	$1,536	$2,182	$646
30	$1,572	$2,224	$652
31	$1,620	$2,317	$697
32	$1,680	$2,373	$693
33	$1,740	$2,434	$694
34	$1,800	$2,500	$700
35	$1,860	$2,588	$728
36	$1,908	$2,655	$747
37	$1,968	$2,727	$759
38	$2,016	$2,810	$794
39	$2,064	$2,891	$827
40	$2,182	$3,006	$824

HK$800 per year may not seem like a significant amount, but paying a little bit more will already allow you to purchase one extra VHIS for a 22-25-year-old male!

Female Graduates/ Working Professionals

For females who are within 22-40 years old, Bowtie VHIS Standard is also the cheapest in town!

According to the website of the Health Bureau, the premiums for Standard Plan for women aged 22-40 range from HK$1,356 to HK$5,994.

Bowtie charges >HK$3,000 cheaper than the most expensive plan

The HK$3,000 save can be used for buying two additional voluntary health insurance plans for a 22-23-year-old woman!

The Cheapest VS the Most Expensive Plan

Age	Bowtie	The most expensive VHIS	Difference
22	$1,356	$4,104	$2,748
23	$1,476	$4,104	$2,628
24	$1,584	$4,104	$2,520
25	$1,644	$4,104	$2,460
26	$1,740	$4,104	$2,364
27	$1,812	$4,104	$2,292
28	$1,872	$4,104	$2,332
29	$1,944	$4,104	$2,160
30	$1,992	$4,230	$2,238
31	$2,040	$4,914	$2,874
32	$2,148	$4,914	$2,766
33	$2,208	$4,914	$2,706
34	$2,256	$4,914	$2,658
35	$2,328	$5,147	$2,819
36	$2,400	$5,156	$2,756
37	$2,484	$5,396	$2,912
38	$2,544	$5,620	$3,076
39	$2,616	$5,804	$3,188
40	$2,676	$5,994	$3,318

Market Overview (Cheapest VS the Average)

To make a fair comparison, we compared Bowtie VHIS Standard with all standard plans on the market.

For 22-40 years old female, Bowtie charges HK$1,000 cheaper than the average annual premium of all plans, which is almost enough to buy health insurance for another 6-15 years old female!

Age	Bowtie	Average annual premium of all plans on the market^	Difference
22	$1,356	$2,096	$740
23	$1,476	$2,153	$677
24	$1,584	$2,220	$636
25	$1,644	$2,335	$691
26	$1,740	$2,414	$674
27	$1,812	$2,488	$676
28	$1,872	$2,551	$679
29	$1,944	$2,619	$675
30	$1,992	$2,690	$698
31	$2,040	$2,818	$778
32	$2,148	$2,897	$749
33	$2,208	$2,992	$784
34	$2,256	$3,080	$824
35	$2,328	$3,206	$878
36	$2,400	$3,291	$891
37	$2,484	$3,390	$906
38	$2,544	$3,502	$958
39	$2,616	$3,616	$1,000
40	$2,676	$3,755	$1,079

Note: The above prices are for VHIS "Standard Plan"of non-smoking insured for the respective age, updated as of December 20, 2024. For accurate quotes and product details, please consult each insurance company.
^Excludes premiums for additional contracts

⚡Bowtie VHIS Learning Centre Promo！

Tired of sky-high private hospital bills but hesitant about purchasing VHIS? Bowtie Pink provides full coverage*, with long-term premiums are substantially lower than market rates^.

For a limited time, use the exclusive Bowtie Learning Centre promo code 【BLOGLCJAN】to get 30% off the first two year’s premium and secure top-tier health protection at an unbeatable price!

At the same time, for just HK$200 per month, policyholders can add on the GHK Wellness Package / CUHKMC Wellness Package, providing comprehensive coverage for your medical needs!

^{*Full coverage shall mean no itemized benefit sub-limits, and applies to designated benefit items only. The benefit payable shall be subject to the remaining deductible (if applicable), annual benefit limit, lifetime benefit limit and other limitations such as reasonable and customary charges, a pre-existing condition, “List of Designated Hospitals in Mainland China” and receiving medical treatment in the United States. For detailed terms and conditions, product risks, and exclusions, please refer to the relevant product website and policy.}
^{^For example, with Bowtie Pink (Ward) and the deductible option HK$80,000, the monthly premium for a 30-year-old non-smoker is HK$197. The premium comparison above is based on similar medical insurance plans with the ward level (data source on 27, July 2023), HK$50,000 to HK$80,000 deductibles, for a 30-year-old non-smoker. Different medical insurance plans have different coverage and benefit limits. For details, please refer to the relevant insurance policy and its terms and conditions.}

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Author

Bowtie Team

The Bowtie Life Insurance Company Limited is an authorized life insurance company and Hong Kong’s very first virtual insurer approved. Through the use of modern technology and medical expertise, Bowtie offers an agent-free, commission-free and more convenient online platform for customers to quote, apply and claim for Voluntary Health Insurance Scheme (VHIS) anytime anywhere. Bowtie is ranked first in the direct channel sales throughout 2021.

Stay up to date at www.bowtie.com.hk

The content of this article is provided by Bowtie Team and serves for reference only. It does not represent Bowtie's position. Bowtie assumes no responsibility for any loss or damage incurred by any person as a result of using, misusing, or relying on any information or content herein. Any content related to Bowtie products in this article is for reference and educational purposes only. Customers should refer to the detailed terms and conditions on the relevant product web pages.