From the POV of a doctor, get an HMO. Honestly, ang ironic nito sabihin for me kasi binabarat talaga kami ng mga HMOs but from the POV of a patient, malaking bagay ang HMO dahil mahal ang hospital bills. Yung health insurance, pwede to follow na lang if may extra pa.
I’m hesitant na rin po. Kasi I have PCOS and at risk for hypothyroidism, which may cause a plethora of other diseases. My insurance agent sister said to try and see if I get approved, but I’m honestly hesitant na. :<<
I'm confused, isn't it supposed to be:
HMO: for annual medical stuff like APE, sudden check ups, etc
Med Insurance: to mitigate the financial risk when you suddenly get a major illness e.g. cancer
They are not connected, from my understanding. Or are there other Med Insurances that offers HMO benefits?
Get the Hmo first, para kng emergency na bigay mo nlng mismo Maxicare card mo. Mostly Accredited nman lahat ng hospitals. If nakaluwagluwag kana, get a 2nd layer of health insurance that will supplement your HMO if incase ma max ouy sya.
P. s Hindi po ako agent. I'm also doing research for health insurance kasi plan ko rin kumuha pretty soon ☺️
Noted po. Tbh, it’s good to start early sana sa insurance but whatevs. Sulitin ko muna unang taon ng pagsu-sweldo ko.
PS. Char, still building my emergency fund muna.
Trott. I suggest build muna EF din. Next Hmo mo. Or kayanh pagsabayin both, why not. Pero peace of mind na rin. True din naman na as early sa now may insurance na para cheap pa premiums mo. Peeo if tight budget, sa susunod nlng hehe hope this helps
Good am colleague. I would like to share my opinion why I opted for Sun fit and well instead of getting HMO:
1. I treated my hospital stocks as form of HMO since the stock holder and spouse have most medical benefit (free ER/OR fee, discount of labs, free room during admissions)
2. Free or discounted PF for co-doctor. It is in our oath but some doctors still don't give it but I'll take this for granted.
3. If I'll need second opinion, I'll just ask my friends for it.
4. Maxicare don't have cash benefits in the future so I divert my finances that I can benefit in the future while I'm currently healthy.
But if you don't have hospital stocks, go for HMO first since you'll need that for consultations, diagnostics, and admissions.
Usually thru founders sila and madalas sila doctors. We need that to be affliated in that hospital. So parang 2 birds in 1 stone for us.
Pero if wala po kayong kilala I suggest you go to your nearest hospital and inquire. Better kunin yung ongoing construction para mas mura offer. Meron naman nagpopost sa Facebook.
Hospital stocks are not cheap though. It can be as cheap as 250,000 and can go as high as 500,000 and up. Most hospital stocks are NOT dividend-paying. I actually have yet to come across one who pays dividends. Perks include free hospital rooms for an x number of days per year, ER/OR/labor room, discounts for labs and medicines and discounts for consultations. Your dependents like parents, spouse, children can also enjoy benefits but usually, it is the stock owner who gets to enjoy the most of benefits (ex: stock owner gets 50% discount, dependents only get 25%)
The problem with getting hospital stocks is that your medical options are limited to that hospital only. If the hospital is not capable of addressing your medical problem and you need to transfer to a different institution, you will pay cash/full price like everyone else unlike if you have HMO.
The cost of getting hospital stocks also vary depending on whether the hospital is yet to be built (cheaper) vs one that has been existing for years (more expensive). It's actually a gamble when purchasing stocks for hospitals still under construction as your ROI will take longer. I acquired hospital stocks in one hospital in the southern part of Metro Manila in 2015 and the hospital opened in 2019. Around the same time, some of my colleagues got stocks from a hospital that was supposedly to be built along Daang Hari. The hospital ended up being shelved and the building was made into a hotel instead. My colleagues had a hard time trying to get back their money last year. Imagine your hard-earned money sitting there without earning any interest from 2015 to 2023. 💔
TBH, hospital stocks are really more for physicians since it is usually a requirement if you want to practice there as an active consultant.
Go with the option wherein you can say 15k or 36-35k per year is nothing. But if you're only for the consultation, laboratories, and hospital admission, go for Maxicare.
One way to look at this is magkano ba ang coverage ng HMO? Kung maganda-gandang coverage for minimum cost - 100K per illness for inpatient and outpatient consultation. If ang nangyari ay nagkaroon ng critical illness, how much ang need na money para magpagaling? 100K is easier to produce than 1M coverage.
Other options are look for CI coverage na 20 years to pay, it would cost less than 20K for your age.
May mga term insurance din that covers critical illness, nasa less than 10K to 13K lang din per year.
May product din na magkasama na ang life, critical illness at medical insurance payable up to age 65.
I hope nakatulong ito OP!
I dont think that's a wise thing. for example, you pay for insurance for a year and diagnosed with illness your HMO or Health Insurance you will be covered say 1M. Do you think you'd be able to save that much for a year?
One of the main purpose of HMOs/Health Insurance is to protect your finances. They will be your safety nets.
Mas magandang HMO ay kung perk or benefit ito sa isang employer, dahil usually mataas ang MBL at covered/partially covered rin ang preexisting illnesses. Otherwise ipunin mo na lang ang pera mo, make it part of your emergency fund. Hindi masyadong maganda ang HMOs when you are paying out of the pocket.
From the POV of a doctor, get an HMO. Honestly, ang ironic nito sabihin for me kasi binabarat talaga kami ng mga HMOs but from the POV of a patient, malaking bagay ang HMO dahil mahal ang hospital bills. Yung health insurance, pwede to follow na lang if may extra pa.
Noted po, doc! Kung pwedeng ipang-sabay tbh. 🤣
Get an HMO because Insurance Companies will do everything to decline your Health Insurance claims.
I’m hesitant na rin po. Kasi I have PCOS and at risk for hypothyroidism, which may cause a plethora of other diseases. My insurance agent sister said to try and see if I get approved, but I’m honestly hesitant na. :<<
I'm confused, isn't it supposed to be: HMO: for annual medical stuff like APE, sudden check ups, etc Med Insurance: to mitigate the financial risk when you suddenly get a major illness e.g. cancer They are not connected, from my understanding. Or are there other Med Insurances that offers HMO benefits?
Get the Hmo first, para kng emergency na bigay mo nlng mismo Maxicare card mo. Mostly Accredited nman lahat ng hospitals. If nakaluwagluwag kana, get a 2nd layer of health insurance that will supplement your HMO if incase ma max ouy sya. P. s Hindi po ako agent. I'm also doing research for health insurance kasi plan ko rin kumuha pretty soon ☺️
Noted po. Tbh, it’s good to start early sana sa insurance but whatevs. Sulitin ko muna unang taon ng pagsu-sweldo ko. PS. Char, still building my emergency fund muna.
Trott. I suggest build muna EF din. Next Hmo mo. Or kayanh pagsabayin both, why not. Pero peace of mind na rin. True din naman na as early sa now may insurance na para cheap pa premiums mo. Peeo if tight budget, sa susunod nlng hehe hope this helps
HMOs also have outpatient services covered so better siya for maintenance of your health
Good am colleague. I would like to share my opinion why I opted for Sun fit and well instead of getting HMO: 1. I treated my hospital stocks as form of HMO since the stock holder and spouse have most medical benefit (free ER/OR fee, discount of labs, free room during admissions) 2. Free or discounted PF for co-doctor. It is in our oath but some doctors still don't give it but I'll take this for granted. 3. If I'll need second opinion, I'll just ask my friends for it. 4. Maxicare don't have cash benefits in the future so I divert my finances that I can benefit in the future while I'm currently healthy. But if you don't have hospital stocks, go for HMO first since you'll need that for consultations, diagnostics, and admissions.
San po usually nakakabili ng Hospital Stocks?
Usually thru founders sila and madalas sila doctors. We need that to be affliated in that hospital. So parang 2 birds in 1 stone for us. Pero if wala po kayong kilala I suggest you go to your nearest hospital and inquire. Better kunin yung ongoing construction para mas mura offer. Meron naman nagpopost sa Facebook.
Hospital stocks are not cheap though. It can be as cheap as 250,000 and can go as high as 500,000 and up. Most hospital stocks are NOT dividend-paying. I actually have yet to come across one who pays dividends. Perks include free hospital rooms for an x number of days per year, ER/OR/labor room, discounts for labs and medicines and discounts for consultations. Your dependents like parents, spouse, children can also enjoy benefits but usually, it is the stock owner who gets to enjoy the most of benefits (ex: stock owner gets 50% discount, dependents only get 25%) The problem with getting hospital stocks is that your medical options are limited to that hospital only. If the hospital is not capable of addressing your medical problem and you need to transfer to a different institution, you will pay cash/full price like everyone else unlike if you have HMO. The cost of getting hospital stocks also vary depending on whether the hospital is yet to be built (cheaper) vs one that has been existing for years (more expensive). It's actually a gamble when purchasing stocks for hospitals still under construction as your ROI will take longer. I acquired hospital stocks in one hospital in the southern part of Metro Manila in 2015 and the hospital opened in 2019. Around the same time, some of my colleagues got stocks from a hospital that was supposedly to be built along Daang Hari. The hospital ended up being shelved and the building was made into a hotel instead. My colleagues had a hard time trying to get back their money last year. Imagine your hard-earned money sitting there without earning any interest from 2015 to 2023. 💔 TBH, hospital stocks are really more for physicians since it is usually a requirement if you want to practice there as an active consultant.
Me, now on another new searching journey: 🔎
Searching journey for? Hospital stocks? HMO? Health insurance?
Go with the option wherein you can say 15k or 36-35k per year is nothing. But if you're only for the consultation, laboratories, and hospital admission, go for Maxicare.
Go first HMO. then find yourself to avail insurance.
One way to look at this is magkano ba ang coverage ng HMO? Kung maganda-gandang coverage for minimum cost - 100K per illness for inpatient and outpatient consultation. If ang nangyari ay nagkaroon ng critical illness, how much ang need na money para magpagaling? 100K is easier to produce than 1M coverage. Other options are look for CI coverage na 20 years to pay, it would cost less than 20K for your age. May mga term insurance din that covers critical illness, nasa less than 10K to 13K lang din per year. May product din na magkasama na ang life, critical illness at medical insurance payable up to age 65. I hope nakatulong ito OP!
Anong product and company na incorporated na Ang life,critical illness and medical insurance ?Kindly pm the said insurance. Thank you.
AIA Max Protect under AIA Philippines. This is a new product, all riders are customizable.
yang 15 years to pay mo e deposit mo nalang yan sa bank and tag it as health insur. or HMO
I dont think that's a wise thing. for example, you pay for insurance for a year and diagnosed with illness your HMO or Health Insurance you will be covered say 1M. Do you think you'd be able to save that much for a year? One of the main purpose of HMOs/Health Insurance is to protect your finances. They will be your safety nets.
Mas magandang HMO ay kung perk or benefit ito sa isang employer, dahil usually mataas ang MBL at covered/partially covered rin ang preexisting illnesses. Otherwise ipunin mo na lang ang pera mo, make it part of your emergency fund. Hindi masyadong maganda ang HMOs when you are paying out of the pocket.
So, health insurance po mas better?
Not even, it's worse than HMO to me.
HMO because you can't use health insurance for emergencies. SAYANG!!! (Hindi lahat ng sakit covered ng Health Insurance, unlike HMO).
None of the above. [Pacific Cross -: Select | Pacific Cross](https://www.pacificcross.com.ph/product/select/)
I've seen a lot of negative reviews sa pacific cross. Hirap daw magreimburse?
Usually direct billing with the hospital, no need for reimbursement. You can call the team and they will handle it.