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Sunday, Apr 18, 2021

Legco passed HK$1b for vaccine indemnity fund

Legco passed HK$1b for vaccine indemnity fund

Lawmakers have passed HK$1 billion funding for the government to set up an indemnity fund for the city’s coronavirus inoculation program.
The fund seeks to provide payments of up to HK$3 million to people who experience serious health complications or pass away from coronavirus vaccinations.

The government is looking to grant the highest payout to individuals under the age of 40 who suffer serious side effects while those over the age of 40 will receive $2.5 million.

Family members of fatal cases will be granted HK$2.5 million if a patient is under the age of 40 and HK$2 million for those over 40 under the fund.

Secretary for Food and Health Sophia Chan Siu-chee said the setting up of the fund does not imply that the Covid jabs were not safe to use, instead, authorities are just having things prepared for the worst in cases of any complication.

The health chief also said there are only a few cases globally that people experienced serious health complications or pass away after getting the jab.

She also anticipated that the HK$1 billion fund will not be fully used.
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