More Hongkongers are buying medical insurance policies, with the city seeing a 300,000 increase as the population ages, and medical costs rise, according to insurers.
The latest statistics from the Hong Kong Federation of Insurers showed that the number of those with private or group medical insurance policies reached 4.4 million in 2016, compared with 4.1 million a year earlier.
The amount of insurance claims made in 2016 also grew by HK$1 billion to HK$13.9 billion, the group said.
“As...
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