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Baby VHIS Premium Comparison

Planning to get medical insurance for your baby, but not sure how much it cost? Bowtie has compiled the "Standard Premium" data from the Health Bureau’s VHIS website to help you compare prices of different plans!

Updated on 2023-05-19

VHIS Standard Plans on the market offer similar protection. Consumers can directly compare premium prices to decide which plan to choose.

Comparison of the Top 5 Voluntary Health Insurance Scheme (VHIS) Standard Plans

Medical insurance is a long-term protection, you really need to consider the long-term premium burden when choosing one to purchase.

Bowtie VHIS Standard Plan offers the lowest premium in Hong Kong, which may be actually what you are looking for.

To show you a better picture, Bowtie selected 5 of the most popular online insurers and collected their 10-year standard plan premiums for your comparison:

	Premium for 0-10 Years Old
Standard Plan	Male	Female
Bowtie	HK$13,056	HK$12,708
Insurance Company A	HK$22,884	HK$20,750
Insurance Company B	HK$31,320	HK$31,320
Insurance Company F	HK$25,946	HK$24,423
Insurance Company M	HK$17,120	HK$18,058

Notes: The premiums above are the monthly standard premiums publicly disclosed by the 5 companies on the VHIS website, not including premium levies, additional charges due to underwriting, and discounts. Data updated as of March 3, 2023.

Let’s look into how much you need to purchase medical insurance for a 0-5 years old baby!

Premium for Male Newborn/ Infant

As seen in the table below, Bowtie charges only half of the price that Company B charges. With the premium that Company B charges, you could already bought 2 Bowtie VHIS for your 15-day old kid.

Ages (Years Old)	Bowtie	Company A	Company B	Company F	Company M
0	HK$1,560	HK$2,758.4	HK$3,396	HK$2,996	HK$2,073
1	HK$1,524	HK$2,758.4	HK$3,396	HK$2,996	HK$1,952
2	HK$1,464	HK$2,758.4	HK$3,396	HK$2,996	HK$1,823
3	HK$1,404	HK$2,758.4	HK$3,396	HK$2,996	HK$1,714
4	HK$1,344	HK$2,758.4	HK$3,396	HK$1,363	HK$1,614
5	HK$1,296	HK$1,568	HK$2,404	HK$1,363	HK$1,511

Note: The above prices are for VHIS "Standard Plan"of non-smoking insured for the respective age, updated as of March 3, 2023. For accurate quotes and product details, please consult each insurance company.

Premiums for Female Newborn/Infant

Similar case for baby girl, Bowtie charges a half less than Company B. Using the same money, you could buy 2 VHIS from Bowtie for your baby girl.

Ages (Years Old)	Bowtie	Company A	Company B	Company F	Company M
0	HK$1,656	HK$2,208	HK$3,396	HK$2,177	HK$2,152
1	HK$1,596	HK$2,208	HK$3,396	HK$2,177	HK$2,034
2	HK$1,464	HK$2,208	HK$3,396	HK$2,177	HK$1,908
3	HK$1,356	HK$2,208	HK$3,396	HK$2,177	HK$1,805
4	HK$1,236	HK$2,208	HK$3,396	HK$1,525	HK$1,707
5	HK$1,176	HK$1,708.8	HK$2,404	HK$1,525	HK$1,609

Note: The above prices are for VHIS "Standard Plan"of non-smoking insured for the respective age, updated as of March 3, 2023. For accurate quotes and product details, please consult each insurance company.

Get a Quote for Your Baby and Family Now!

⚡Bowtie VHIS Blog 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 Blog promo code 【BLOGOCTINSURE】to get 60% off the first year’s premium and secure top-tier health protection at an unbeatable price!

^{*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$186. 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.