Look should always be the first option followed by speak. You can click quickly to see hp but if the first option is speak you will slowly walk towards your target, and it is very hard to click a moving target and scroll down quickly enough to see their hp.
What about vendors? We will need to stand near them for a little longer time, better for thieves ;dUnless you want that only with players, not critters (or not vendors)
What about making it like in F2, that your crosshair acts also like "Look" option ? Of course, it should be only optional, it might be messy sometimes.
wait with floating hp display? I seem to remember that.
The spice is vital to space travel
If you want to make enemies, try to change something.
I guess this is problem is pretty much solved with the newest update, since you don't even need to click anymore