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Tax Deduction for Private Medical Insurance

101.    Some Members have suggested that the Government should provide a tax deduction for contributions to private medical insurance schemes, so as to encourage people to take out such insurance and reduce their reliance on public health care services, and to promote the development of private services.  Providing a tax deduction is only one of many ways of encouraging people to join private medical insurance schemes.  To reduce people's reliance on public health care services, we need to adopt a holistic approach and take into account other, complementary measures.  The Health, Welfare and Food Bureau will undertake studies on the financing and sustainability of our public health care services within the next two and a half years.  In examining the overall financing options, we will consider any related tax arrangements.



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2004 | Important notices
Last revision date : 16 March, 2005