Health is wealth, yet many Filipinos are unprepared for healthcare and medical expenses.
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41% of medical costs in the Philippines come out-of-pocket.
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82% of Filipinos worry about rising healthcare expenses, impacting their confidence in achieving life goals.
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Younger Filipinos, aged 18-29 are also at risk -- experiencing illness more frequently than any other age group.
According to Manulife studies
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Health insurance is key to your financial security. Without it, even a minor medical emergency can derail everything you’ve worked for. Ensure better days ahead with comprehensive health protection.
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Our priority is to protect your financial stability as healthcare costs rise, especially due to critical illnesses.
Manulife's comprehensive health and medical insurance offers critical illness and life coverage from early diagnosis to recovery, supplementing your government health insurance.
Manulife's comprehensive health and medical insurance offers critical illness and life coverage from early diagnosis to recovery, supplementing your government health insurance.
Explore health and medical insurance plans with Manulife
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Be prepared when critical illness strike with a comprehensive health plan that does the work for you.
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Hospital-based medical insurance for the treatment of non-critical and critical illnesses.
Learn more about how you can start your health insurance journey.
Health insurance plan, also known as medical insurance, health plan, health coverage plan or health care insurance, is a financial product that covers portions of individuals or families’ eligible medical expense and healthcare cost in exchange of premium payment.
Specific coverage of a health plan can vary depending on the policy and the insurance company. Typically, health insurance plans in the Philippines cover for a wide range of healthcare services and medical expenses. This may include hospitalization, outpatient care and coverage of critical illnesses and serious health conditions.
Additionally, some health plans in the Philippines may offer life coverage for better-rounded protection.
There are several main types of health insurance plans available in the Philippines:
- Private health insurance: Provided by private insurance companies. Typically offers customizable premium and benefits options to provide comprehensive insurance coverage for individuals and families.
- HMO (Health Maintenance Organization) plans: Offered by employers as benefits for their employees. Members can get access to a network of accredited health care providers in exchange for a fixed periodic fee.
- Critical illness insurance: Beneficiary will receive lump-sum benefits if the policyholder is diagnosed with a covered critical illness or serious medical condition.
- Hospitalization insurance: Specifically provides coverage for expenses incurred during a hospital stay or inpatient medical treatment.
- Public health insurance: Also known as PhilHealth program, this is a mandatory national health insurance program scheme that provides basic health care coverage for Filipino citizens.
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