Manulife International and Bupa International have reached an agreement through a memorandum of understanding (MoU) to jointly provide integrated healthcare solutions in Hong Kong.

The partnership aims to provide customers with improved options for managing their health.

Both organizations have stated that their goal is to improve access to care by using each company’s strengths.

The collaboration is set to develop a more connected healthcare network for the people of Hong Kong.

This approach aims to support the well-being of local residents by providing expanded access to medical services.

Clients will have access to care that covers the different stages of their healthcare needs, along with support tailored to individual circumstances.

Manulife Hong Kong and Macau CEO Patrick Graham said: “This strategic partnership marks an important milestone in our ambition to be the healthcare partner of choice, delivering better value and health outcomes for our customers.

“By combining our strengths with Bupa, this strategic partnership will deliver more options and sustainable healthcare solutions that enable people and communities to live healthier and more fulfilling lives.”

The companies noted that the collaboration is expected to bring benefits to both customers and their businesses.

They added that further details on the continued development of this partnership will be provided at a later stage.

Bupa Hong Kong managing director Fiona Harris said: “By joining forces, we can reach more people in Hong Kong, introducing new innovations and creating more opportunities by embracing the digital health and AI era.

“Together, we are dedicated to delivering individualized, future-ready healthcare solutions that put the customer first.”

Earlier this year, it introduced Manulife Hong Kong two critical illness insurance products intended to address concerns about loss of income during prolonged medical treatment for serious conditions.

The two new plans, IncomeGuard Critical Illness Protector and IncomeShield Critical Illness Protector, offer annual payments.

They also feature a continuous treatment benefit for heart attack and stroke cases, which the company describes as a first on the market.

“Manulife and Bupa partner on healthcare solutions in Hong Kong” was originally created and published by International life insurancea trademark owned by GlobalData.

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