VHIS Monthly and Yearly Premium Comparison: Which plan is the cheapest?
Bowtie VHIS Standard Plan Premium Pricing
If you lack personal medical insurance and have a limited budget, the Standard Plan may be of assistance! This plan offers annual hospitalisation cover up to HK$420,000, with products from different insurers offering broadly similar coverage. Consequently, you can directly compare VHIS premium prices.
Bowtie VHIS Standard Plan Premium Reference
| Age | Monthly premium ( HK$ ) | |
| Non-smoking men | Non-smoking women | |
| 0 years old | $146 | $155 |
| 10 years old | $96 | $95 |
| 20 years old | $104 | $122 |
| 30 years old | $138 | $175 |
| 40 years old | $192 | $235 |
| 50 years old | $301 | $351 |
| 60 years old | $464 | $446 |
Bowtie VHIS "Flexi Plan" Premium Pricing
Bowtie’s “Flexi Plan” comprises two tiers: Standard and Plus. Bowtie “Flexi Plan” (Standard) caters to standard ward users, while Bowtie “Flexi Plan” (Plus) provides semi-private ward coverage to meet diverse consumer needs.
Why does Bowtie rank first in direct sales channels^?
Head of Brand and Marketing at Bowtie, stated:
“Through innovative technology and our direct-to-consumer model without intermediaries, we have significantly Plus operational efficiency and reduced costs. This enables consumers to access superior protection at more accessible prices. We place particular emphasis on ensuring transparent and seamless claims processing – customers can directly engage Bowtie’s professional team to handle claims, fulfilling our commitment to ‘affordable purchase, smooth claims settlement’.”
- ^According to provisional statistics for 2024 released by the Insurance Authority, Bowtie Life recorded the highest number of new individual non-single premium policies sold through direct channels in Hong Kong during the fourth quarter of 2024.
Monthly Premiums for Bowtie VHIS "Flexi Plan" (Non-Smoking Male)
Taking a non-smoking male as an example:
| Age | Monthly premium ( HK$ ) | |
| Flexi Plan (Standard) | Flexi Plan (Plus) | |
| 0 years old | $388 | $739 |
| 10 years old | $195 | $350 |
| 20 years old | $203 | $342 |
| 30 years old | $254 | $453 |
| 40 years old | $357 | $647 |
| 50 years old | $546 | $1,027 |
| 60 years old | $928 | $1,715 |
Monthly Premiums for Bowtie VHIS "Flexi Plan" (Non-Smoking Female)
Taking non-smoking women as an example:
| Age | Monthly premium ( HK$ ) | |
| Flexi Plan (Standard) | Flexi Plan (Plus) | |
| 0 years old | $376 | $680 |
| 10 years old | $185 | $313 |
| 20 years old | $232 | $376 |
| 30 years old | $371 | $589 |
| 40 years old | $473 | $769 |
| 50 years old | $675 | $1,088 |
| 60 years old | $875 | $1,446 |
Popular VHIS Flexi Plans Premium Comparison
Popular VHIS Flexi Plans Premium Comparison (Male)
Non-smoking male, non-premium product (semi-private room)
The table below compares the annual premiums for four popular VHIS Flexi Plans available on the market. Bowtie offers the most affordable premiums across all key age groups.
| Insured Age | Bowtie
Flexi Plan (Plus) |
Company A | Company B | Company F |
| 10 years old | HK$4,200 👍 | HK$5,964 | HK$7,860 | HK$8,355 |
| 20 years old | HK$4,104 👍 | HK$7,372 | HK$5,809 | HK$7,988 |
| 30 years old | HK$5,436 👍 | HK$9,089.6 | HK$7,809 | HK$10,334 |
| 40 years old | HK$7,764 👍 | HK$12,254.4 | HK$11,827 | HK$12,707 |
| 50 years old | HK$12,324 👍 | HK$19,834.4 | HK$16,770 | HK$20,585 |
| 60 years old | HK$20,580 👍 | HK$32,653.6 | HK$37,538 | HK$36,016 |
- Note 1Prices above are updated as of 29 December 2025 and are for reference only. For accurate quotations and product details, please enquire with respective insurers.
- Note 2Bowtie premiums are calculated on a monthly basis; other insurers' premiums are calculated on an annual basis.
- Note 3Lifetime and annual coverage limits, covered items, and sub-limits vary across different VHIS schemes. It is advisable to thoroughly understand the differences between schemes before purchasing.
- *Excludes hospitals in the United States and non-designated hospitals in China; psychiatric treatment is limited to Hong Kong.
Bowtie Pink VHIS Premium Pricing
Bowtie Pink VHIS Plan is our flagship product, offering comprehensive cover for hospitalisation medical expenses with worldwide coverage. Annual coverage amounts range from HK$8 million to HK$20 million, with monthly premiums starting from just HK$213! If you seek all-round protection, Bowtie Pink is your ideal choice. Naturally, if you hold personal or corporate medical insurance, pairing it with Bowtie Pink – which includes an excess – further strengthens your protection network.
- Full indemnity means no sub-limits apply, and is only applicable to specified coverage items. Claims are subject to the remaining balance payable by the insured (if applicable), annual coverage limits, lifetime coverage limits, and other restrictions including reasonable and customary charges, pre-existing conditions, the list of designated hospitals in Mainland China, and provisions regarding medical treatment in the United States. For detailed product terms and conditions, product risks, and exclusions, please refer to the relevant product website and policy. Excludes hospitals in the United States and non-designated hospitals in Mainland China; psychiatric treatment is limited to Hong Kong. Based on a 30-year-old non-smoker purchasing Bowtie Pink (Standard Room) with a HK$80,000 excess option, calculated on the monthly premium.
Bowtie Pink VHIS Monthly Premium (Same Rates for Male and Female)
| Age | Bowtie Pink monthly premium (HK$80,000 deductible) | ||
| Standard Room | Semi-private Room | Private Room | |
| 0 years old | $147 | $268 | $489 |
| 10 years old | $141 | $230 | $427 |
| 20 years old | $174 | $253 | $470 |
| 30 years old | $213 | $312 | $580 |
| 40 years old | $285 | $386 | $648 |
| 50 years old | $429 | $647 | $1,115 |
| 60 years old | $779 | $1,026 | $1,713 |
Premium Comparison for Popular High-End VHIS Plans
The chart below compares five popular high-end VHIS Flexi Plans (unisex rates for non-smokers, semi-private ward). Bowtie offers the most affordable premiums across all age groups.
| Insurance Company | Bowtie Pink | Company A | Company B | Company C | Company M |
| Self-paid | $50,000 | $50,000 | $40,000 👍 | $50,000 | $45,000 |
| Guarantee area | Global (outside the US) *👍 | Global (outside the US) 👍 | Asia | Asia | Asia |
| age | Annual premium (HK$) | ||||
| 0 | $3,684 👍 | $4,064 | $7,480 | $5,679 | $3,751 |
| 10 | $3,108 👍 | $3,752 | $5,246 | $3,876 | $3,751 |
| 20 | $3,432 👍 | $3,856 | $5,428 | $3,916 | $4,188 |
| 30 | $4,344 👍 | $5,816 | $6,369 | $5,269 | $5,218 |
| 40 | $5,256 👍 | $7,112 | $9,114 | $6,912 | $6,455 |
| 50 | $8,868 👍 | $11,504 | $14,243 | $10,348 | $9,578 |
| 60 | $13,944 👍 | $19,424 | $38,123 | $18,477 | $16,389 |
- Note 1: Prices above are updated as of 29 December 2025 and are for reference only. For accurate quotations and product details, please enquire with respective insurers.
- Note 2: Bowtie premiums are calculated on a monthly basis; other insurers' premiums are calculated on an annual basis.
- Note 3: Lifetime and annual coverage limits, covered items, and sub-limits vary across different VHIS schemes. It is advisable to thoroughly understand the differences between schemes before purchasing.
- *Excludes hospitals in the United States and non-designated hospitals in China; psychiatric treatment is limited to Hong Kong.
Which Bowtie VHIS product is most popular?
Among over 35,000 active Bowtie VHIS policies, approximately 38% of users selected the Bowtie Flexi Plan (Standard), followed by Bowtie Pink (Semi-Private Room) at around 21%:
- Bowtie Flexi Plan (Standard): 38%
- Bowtie Pink (Semi-Private Room): 21%
- Bowtie Standard Plan: 19%
- Bowtie Pink (Standard Room): 14%
- Bowtie Flexi Plan (Plus): 7%
- Bowtie Pink (Private Room): 1%
- NoteData as of 24 September 2025, calculated based on policy effective dates. Percentages are approximate.
Top Five Considerations Before Taking Out VHIS
When selecting a VHIS Scheme in Hong Kong, policyholders should thoroughly understand the features and limitations of different plans to ensure coverage best aligns with their needs. Below are five key considerations:
The claims approval rate directly reflects an insurer’s efficiency in processing claims and the quality of its service. A high approval rate minimises unnecessary hassle arising from claims disputes. Opting for insurers with a strong reputation and proven claims handling track record naturally provides greater peace of mind after taking out cover.
Take Bowtie as an example: its VHIS claims approval rate stands at 98.3%¹, exceeding the overall Hong Kong VHIS claims success rate of 92% to 96% recorded between April 2019 and the end of 2023².
1 The above represents the average claim approval rate for Bowtie’s VHIS “Standard Plan”, “Flexi Plan – Standard”, “Flexi Plan – Plus” and Bowtie Pink as of February 2025.
2 Data sourced from Legislative Council documents. Insurers report claim figures on a calendar year basis (as at 31 December each year). Successful claims include both full and partial reimbursements.
The coverage amount is a key factor influencing the final compensation payable. Policyholders should assess appropriate coverage levels based on their own and their family’s anticipated medical needs and financial capacity. Insufficient coverage may prove inadequate for major illnesses or prolonged medical expenses; conversely, excessively high coverage increases premium burdens, as medical insurance premiums represent a long-term expenditure spanning decades. Ideal coverage should balance comprehensive protection with affordability.
For comprehensive cover, Bowtie Pink VHIS offers annual medical coverage ranging from HK$8 million to HK$20 million across different ward types. For those with budget constraints, Bowtie VHIS Flexi Plan (Standard)/(Plus) provides annual medical coverage of HK$600,000 and HK$1 million respectively, catering to fundamental healthcare needs.
Premium VHIS plans feature excess options (deductibles). Higher excess options reduce premiums but require greater out-of-pocket payments upon claims, making them suitable for policyholders with corporate medical benefits or ample liquidity. Conversely, lower excess options carry higher premiums but entail smaller deductibles when claims are made. Policyholders are advised to select an appropriate excess level based on their personal financial capacity and existing medical coverage.
Taking Bowtie Pink VHIS as an example, this plan offers $0, $20,000, $50,000 and $80,000 excess options, allowing flexible configuration.
Coverage regions vary across different VHIS schemes. Standard plans and some Flexi Plans offer worldwide coverage; however, coverage regions for premium VHIS schemes differ by plan, with some potentially covering only Asia. Policyholders should take note. For those frequently working or travelling across borders, selecting a plan with broader coverage ensures medical protection regardless of location. Bowtie Pink VHIS provides extensive global coverage (excluding the United States).
Ward type not only affects the comfort of the hospital environment but also significantly impacts medical costs. VHIS products on the market generally offer standard, semi-private, and private room options. Generally, the higher the ward tier, the higher the premium, reflecting the difference in medical costs between ward levels. When taking out cover, one should decide based on personal and family preferences and financial circumstances, ensuring an ideal environment during hospitalisation without incurring excessively high premiums.
Bowtie VHIS Flexi Plan (Standard)/(Plus) provides medical coverage at standard ward and semi-private ward levels respectively; while Bowtie Pink VHIS offers plan options at standard ward, semi-private ward and private ward levels.
