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One Step Ahead

 

The Hong Kong government has pledged HK$50 billion to support health care reforms to tackle the problems of a rapidly aging population and spiralling medical costs. One Step Ahead will raise the issues impacting Hong Kong’s health care system, the impact on the general public and the choices on offer to employers. Mercer is leading the way by offering our points of view, partnering with legislators, companies and their workers so that Hong Kong can stay One Step Ahead.

 

 

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"Treating the wounds of Hong Kong's Health Care System"

At this webcast, Mercer looked at the Hong Kong government’s proposals for health care reform in its research paper “Treating the wounds of Hong Kong’s health care reform”. The following issues unravelled in the research paper were discussed:

  • The huge administration costs involved in setting up a scheme to distribute the HK$50 billion which will eat into the fund
  • Rising health care inflation - it is forecast to spike by between 6% and 18% this year
  • The winners and losers of the health care reforms
  • Employers' role in providing adequate benefits for staff
  • The advantages of using flexible benefits (flex) for a diversified workforce

Rose Kwan and Margie Wong discussed the complexity of these reforms, how it affects an ordinary, typical Hong Kong household, and what employers can do for a win-win outcome.

This webcast is conducted in English.

 

Speakers:

 

Rose Kwan
Business Leader, Health & Benefits business, Mercer Hong Kong

Margie Wong
Health & Benefits business, Mercer Hong Kong

 

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Point of View

Treating the wounds of Hong Kong's health care system

 

'Treating the wounds of Hong Kong's health care system' is Mercer's newly released research paper on the impact of the Hong Kong government's proposed health care reform. It discusses how it will effect individuals, employers, insurers and medical practitioners. Download this 40-page complimentary paper to find out Mercer's perspective.

This article is written in English by Rose Kwan, Business Leader, Health & Benefits business, Mercer Hong Kong. Margie Wong, Director, Health & Benefits business, Mercer Hong Kong

 

More Download the Point of View paper

 

Mercer intelligence

Read Mercer's articles and Point of View papers

 

  • One Step Ahead Point of View: The Hong Kong government’s reforms in the retirement and health care system – its implications, issues and opportunities.
  • Government & Legislators: Read about how other countries are managing their changes to retirement legislation
  • Employers: How you can be proactive in your response
  • Employees: Learn how the changes affect you

 

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Plugging the gap in Hong Kong's health care reform with flexible benefits



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