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HMO profits surge in first half to P4.53 billion

HEALTH MAINTENANCE organizations (HMOs) posted net profit growth of 203% in the first half to P4.53 billion due to cost-management measures as well as increased demand during the pandemic, the Insurance Commission (IC) said Monday.

IC extends deadline for HMOs’ financial statements to June 30

HEALTH MAINTENANCE organizations (HMOs) can now submit their audited financial statements until June 30 from the original May 31 deadline as a relief for companies affected by the coronavirus disease 2019 (COVID-19) pandemic, the Insurance Commission (IC) said.

MediCard: Always responding to the patients’ evolving needs

By Mark Louis F. Ferrolino, Special Features Writer As a health maintenance organization (HMO) founded and run by doctors, MediCard Philippines, Inc. prides itself with a unique...

Fullerton Health PH secures $40M IFC loan to expand HMO services

By Anna Gabriela A. Mogato THE local branch of Fullerton Healthcare Corp., Ltd. has secured a $40 million long-term loan from International Finance Corp. (IFC) to...

NFA lays plans for ramped up palay procurement

By Anna Gabriela A. Mogato THE National Food Authority (NFA) will be gearing up local palay — or unhusked rice — procurement following the three-month...

PhilCare to roll out new product for OFWs

Healthcare provider PhilCare is rolling out a new product focusing on overseas Filipino workers (OFWs) starting with those based in Israel, as part of...

A necessary investment

By Romsanne R. Ortiguero According to Oxford Business Group (OBG), health maintenance organizations (HMO) first became prominent in the US in the 1970s as a...

MediCard Philippines, Inc.: Providing adequate health care access to more people

By Bjorn Biel M. Beltran, Special Features Writer When the concept of health maintenance organization (HMO) became popular in the United States in the early 1970s,...

Intellicare (Asalus Corporation): Always in pursuit of better health care services

Intellicare (Asalus Corporation), a health maintenance organization (HMO) that began operations in 1995, has made a commitment to consistently provide its members with high-quality,...

A holistic approach to wellness

With a mission to provide quality health care to Filipinos, with health plans designed to cover the distinct health needs of each patient, PhilCare...

All HMO firms compliant with capital requirements

ALL health maintenance organization (HMO) firms in the Philippines remain compliant with requirements set by the Insurance Commission (IC), the regulator said, noting that...