Third Set Question_GMC Hong Kong_19HK3020R0001.pdf

U.S. Consulate General Hong Kong

Third Set of Questions

Solicitation Number 19HK3020R0001

Global Medical Coverage (GMC) Insurance Services to Local Engaged Staffs and Dependents

Q1: Noticed that the premium rates are required to provide on a “Bi-Weekly” premium rates basis, please note that our premium rates will be quoted as annual rates + levy. However, we would divide the premium rates into bi-week for your reference.

Please note levy is requested to collect by The International Association of Insurance Supervisors, and the rate has set to be different every year. All insurance policies are required to collect levy charge and you may refer to this weblink for details:

https://www.ia.org.hk/en/aboutus/role/financial_arrangements.html#1

As far as the member movements during mid-year, please note we charge pro-rata month based on the enrollment/termination effective date. If the enrollment date falls into between the 1st to 15th of the month, we would charge the pro-rata for that whole month; if the enrollment falls into between

16th to end of the month, we would waive the premium for that month.

A1: For the proposed premium rates, please refer to the Solicitation in Section B, paragraphs

B.2.3 to B.2.7. For other costs, please refer to paragraph B.3 “Administrative Retention

Amounts”. For payment of insurance premium, please refer to Section G, paragraph G.4.2.

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