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What is an excess?

The excess is the amount of each medical bill that you will pay. For example if you medical bill is HK$2,000 and your excess is HK$500 then you would pay the first HK$500 of any bill, leaving HK$1,500 of this one to be covered by your medical insurance. If you have a higher excess then the medical insurance pays less of the bills, so the medical insurance is cheaper.

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    • Why should I buy health insurance?
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    • What is an excess?
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    • Do I need to pay for visits to the doctor if I have medical insurance?
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    • What does "nil deductible" mean?
    • What does "nil deductible" mean?
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    • What is an excess?
    • Why are some plans more expensive than others?
    • Why should I buy medical insurance?
    • Will health insurance cover my chronic or pre-existing conditions?
    • Will my plan cover me for as long as I want?
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