Description: Develop financially wise Filipinos. Know more about life insurance, vul, mutual funds and other investment vehicle.
Updated: March 25, 2023
In 2021, the Current Health Expenditure (CHE) in the Philippines rose to Php 1.09 trillion, 18.5% higher than in 2020 based on the Philippine Statistics Authority ( PSA ). The CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) shouldered by Filipinos for health care.
As working individuals, undoubtedly, one of the things we often neglect is our health. Most of us exert time and effort to further our careers. In our quest to live our best lives, we forget to take care of our best asset, ourselves. But things may turn upside down once got sick. We might empty our pockets, or worst, our savings just to get treated. It is a nightmare that most Filipinos could not afford to imagine. It is how important getting a HMO card from a trusted healthcare provider like Maxicare .