- Company-wide equal medical protection has been implemented at HKBN
- 90% of HKBN workforce will benefit
- Top 10% management level talents will receive top-up options
Believing that medical coverage is not just an executive perk but a basic safety net entitlement for all talents, Hong Kong Broadband Network (HKBN) has implemented company-wide equal medical protection. The new plan, which takes effect in September 2018, includes coverage for general and specialist outpatient consultations, inpatient consultations, surgical operations, Chinese medical consultations, physiotherapy and more.
This revamp redistributes the higher-tier medical welfare expenses previously limited to management personnel to non-management talents. Under the new scheme, over 1,500 junior level and frontline talents, who account for over 90% of HKBN’s workforce in Hong Kong, will stand to benefit from enhanced medical insurance protection, whilst the top 10% management level will have the option to personally top up to their preferred levels at discounted group rates.
The Group has also secured discounted rates for talents to voluntarily purchase individual medical benefit schemes, should they wish to upgrade to premium coverage for themselves or their dependents.
NiQ Lai, Co-Owner and Group COO, HKBN announced, “Working on the assumption that life and medical insurance are basic safety net protections, we believe all employees should be treated equally, irrespective of title or rank. This all-new medical coverage approach is another step forward in how we ‘Make our Hong Kong a better place to live’ and we hope to inspire other companies to follow.’’
Paul Arkwright
Publisher
