Low Cost Health Insurance in the Philippines

Life is fragile and its unexpected. We do not have the power to predict what will happen in the future. Serious accidents and dreaded diseases can happen to anyone at any time, anywhere. So it is best to be prepared always.

What health insurance is?

Health insurance is a type of insurance coverage that covers the cost of an insured individual's medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs out-of-pocket and is then reimbursed, or the insurer makes payments directly to the provider.

In health insurance terminology, the "provider" is a clinic, hospital, doctor, laboratory, health care practitioner, or pharmacy. The "insured" is the owner of the health insurance policy; the person with the health insurance coverage.

Why health insurance?

The purpose of health insurance is to help you pay for care. It protects you and your family financially in the event of an unexpected serious illness or injury that could be very expensive. You need health insurance because you cannot predict what your medical bills will be.

Health insurance providers

It is important to check if the Health Maintenance Organization (HMO) you are getting from is authorized by the Insurance Commission to operate. The commission publishes the list of HMO with certificates of authority for the license year 2017-2019 (as of June 29, 2017).

• Asalus Corporation
• Avega Manage Care, Inc.
• Carehealth Plus Systems International, Inc. 
• Carewell Health Systems, Inc.
• Caritas Health Shield, Inc.
• Dynamic Care Corp.
• Eastwest Healthcare, Inc.
• Fortune Medicare, Inc.
• Getwell Health Systems, Inc.
• Health Maintenance, Inc.
• Health Plan Philippines, Inc.
• IMS Wealth Care, Inc.
• Insular Health Care, Inc.
• Kaiser International Healthgroup, Inc.
• Life & Health HMP, Inc.
• Marzan Health Care, Inc.
• Maxicare Healthcare Corp.
• Medocare Health Systems, Inc.
• Medicard Philippines, Inc.
• Medicare Plus, Inc.
• Metrocare Health Systems, Inc.
• Optimum Medical and Healthcare Services
• Pacific Cross Health Care, Inc. (formerly Blue Cross Health Care, Inc., name change effective 1 January 2016)
• PhilhealthCare, Inc.
• Value Care Health Systems. Inc. 

You are never too young to think about health.

You can check the official list HERE.

Information courtesy of  medicalnewstoday.com