Real Talk! It’s About Time You Get Health Insurance
Updated on May 18, 2020
Ladies, say it with me now—
“I am prioritizing my wellbeing!”
“I deserve a health insurance plan that will safeguard my health and my finances!”
“I am a good investment!”
Yesss! That’s what we love to hear.
Take it from us, you need a comprehensive health insurance plan in your life! If you’re not sold to the idea of getting your own private health insurance, we’ve made a list of pros that will hopefully change your mind.
Pros of Getting Health Insurance
It’s Basically A Safety Net
Getting health insurance will ensure that your finances will be secure when an unexpected illness occurs.
Covered and Recovered!
After being hospitalized or treated—more often than not—you don’t have to pay for anything because you’re completely covered!
You’ll Be Healthy--Body, Mind, … and Wallet!
With health insurance, you’ll avoid getting broke after just making a full recovery!
↳ ‘Cause If you find yourself broke, you’re going to resort to draining your savings or even going into debt to get by. Big no-no!
You’ll Be Insured For Critical Illnesses!
If you get diagnosed with a critical illness, you’ll be granted a lump sum that will ensure that you’ll be able to finance all the expensive medical costs you will incur for the various procedures and treatments you’ll be undergoing.
P.S. We didn’t make a list of cons … because there aren’t any! 😂
To be honest, it really shouldn’t be a question of “Hmmm, should I get health insurance?” (because yes, you should!) but rather, which ones should you consider getting. Believe it or not, a great percentage of Filipinos are not adequately insured. Mostly because people mistakenly pick the most affordable insurance plan they can find instead of looking into what they actually need. When it comes to health insurance coverage is key. Practice due diligence, the health insurance plan you have now may not be enough.
Let us break it down for you. There are three types of medical insurance you can avail of—PhilHealth, HMO, and Health Insurance.
PhilHealth
PhilHealth is the universal health coverage for all Filipinos. It is compulsory for all employed Filipinos to be granted a PhilHealth membership upon employment. Half of the monthly fee is covered by the employer while the other half is deducted from the employee’s salary. PhilHealth offers financial assistance however it is limited to a certain amount and will vary according to the disease.
HMO
HMO or Health Maintenance Organizations is a type of health insurance wherein you get access to a network of doctors and other healthcare providers who are under contract to the HMO. The beauty of having an HMO card is that you only need to present it to any of the accredited hospitals or clinics of your HMO and you’ll receive the care you need without having to pay cash upfront.
Health Insurance Plan
A private health insurance plan offers a lot more benefits and coverage to the insured. You gain access to more comprehensive private healthcare networks and higher compensation for serious illnesses. A private health insurance plan may be considerably more expensive than an HMO but the superior coverage will relieve you from being financially burdened by hospital bills. Just think of it this way, paying a monthly premium will ensure that whenever you get sick you won’t have any trouble getting the healthcare you need and your finances will be secure.
It’s also important to note that most private health insurance plans offer coverage for critical illnesses. This is a clincher for most especially since treatment for critical illnesses calls for higher medical costs.
Check out this helpful table we’ve created so you can carefully consider all your options.
The best-case scenario is you have your very own health insurance plan, an HMO card, and PhilHealth. When struck with sudden illness, this power packed combo will ensure that you’ll be financially secured and enable you to focus all your energy into getting better.
If you’re feeling overwhelmed and don’t know where to start,
Don’t worry girl, we're here to help simplify the process. We’re more than happy to guide you through every step of the way. We can create a health insurance plan specially made for you. You can count on us to have your best interests at heart.
If you’re feeling lost,
That’s perfectly okay! We understand. The world of finance can get … confusing. Feel free to reach out! You can book a free 20-minute discovery call to consult with us, we’re ready to answer any of your inquiries.
If you’re a leader who’s looking into getting an HMO plan for your employees,
We’d love to assist you! We’re all about supporting women-owned businesses. Let’s set your employees up with a great Employee Perks package! We’ve partnered with the top insurance providers in the biz—Maxicare and FWD Life Philippines—so that you can provide only the best for your valued employees.
If you’re ready to get the health insurance plan you deserve,
That’s perfect! We’re ready to lead the way. It’s high time you prioritize your health! Simply book a free 20-minute discovery call with us and we can get started on making your health insurance plan right away.
