End
Note:
32
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Table A - Private Medical Insurance
Annex
Year
No. of persons covered
Total premium (note !) (in HK$m)
Total
payout frote 2)
(in HK$m)
1993
297,047
323.28
140.90
1994
386,376
453.46
145.38
1995
1,061,650
1,073.52
448.65
Table B - Group Medical Insurance
No. of business
establishments
No. of employees
Total
Total
premium fote 1) = payout frota 2)
Year
thote 3)
covered
(in HK$m)
__('n HK$m)
1993
10,595
627,153
879.52
616.51
1994
11,573
693,824
1,109.60
778.98
1995
15,402
856,690
1,453.31
1.045.30
1. Total premium represents gross camed premium during the year, which is the gross written premium adjusted by the uneamed premiums at the beginning and end of the year.
2. Total payout represents gross claims paid during the year, which is the aggregate of claim costs and expenses directly attributable to the settlement of claims (such as legal or medical expenses).
3.
The MIA does not collect statistics on the number of business establishments taking up medical insurance for their employees. The figures represent the number of policies in force. As a group of companies may take out one single policy which covers all the employees within the same group, it is probable that the number of business establishments involved may be higher.