Conventional optical orthogonal frequency division multiplexing (OFDM) schemes, such as adaptively biased optical OFDM (ABO-OFDM) and hybrid asymmetrically clipped optical OFDM (HACO-OFDM), are unable to tap all the resources of the subcarriers and only achieve relatively high power efficiency. In this paper, a hybrid adaptive bias optical OFDM (HABO-OFDM) scheme for visible light communication (VLC) is proposed to improve spectral efficiency and power efficiency. In the proposed HABO-OFDM scheme, different optical OFDM components are combined for transmission at the same time, and the adaptive bias is designed to ensure the non-negativity, as well as obtaining significantly high power efficiency. Meanwhile, the implementation complexity of the HABO-OFDM receiver is notably lower than the conventional superimposed optical OFDM schemes. Simulation results show that the proposed HABO-OFDM scheme outperforms ABO-OFDM and HACO-OFDM in terms of both peak-to-average-power ratio (PAPR) and power efficiency. The PAPR performance of HABO-OFDM is about 3.2 dB lower than that of HACO-OFDM and 1.7 dB lower than that of ABO-OFDM. Moreover, we can see that the Eb(elec)/N0 required for HABO-OFDM to reach the BER target is lower than the other two schemes at the Bit rate/Normalized bandwidth range of 3.5 to 8.75, which means that the power efficiency of HABO-OFDM is higher in this range.