MSIG introduces SME Group Medical insurance plan

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MSIG Insurance (Hong Kong) Limited has announced an SME Group Medical Insurance plan targeting SMEs with flexible coverage options as well as MediGo, a new digital portal for onboarding and policy management.

The plan is designed to meet the unique needs of SMEs in today’s fast changing digital business environment.

The plan offers six levels of coverage – from essential to premium – to ensure every employee can have the right level of benefits. MSIG has also developed a “one level up/down” feature that allows employers to choose one of three levels of Optional Outpatient Benefits corresponding to each hospitalisation plan.

This empowers SMEs to provide groups of employees with tailored cover appropriate to their needs.

MSIG has also launched the MediGo portal offering online access for both employees and employers. Its features allow users to easily manage their SME group medical policies and benefits.

Philip Kent, Chief Executive Officer of MSIG, said:”The SME community in Hong Kong is a critical part of our economy and presents a significant opportunity for insurers.  We have designed our new SME group medical plan and medical portal to deliver sophisticated employee benefits that are easy to administer – so they can stay focused on growth and development.  

“Our unique insight into SME businesses is based on our long experience serving the health and commercial insurance customers and we are excited to offer a plan that is both flexible and at the digital cutting-edge.”

“The plan offers premiums that have been tailored to the needs of dynamic, young SME businesses whose demands are constantly evolving. Prices are based on the age of each insured employee and their dependants, using 5-year age bands – an approach that suits the way SME teams grow and develop.”