A lot of people often choose between HMO and insurance. They feel like they can only choose one and can’t have both. Some think it’s too difficult or expensive to maintain two plans. Or if they’re still young and healthy, having both is completely unnecessary.
Health Maintenance Organizations (or HMOs) are necessary but may have some limitations. For example, HMOs may require you to only see a specific network of doctors and hospitals. There is a medical focus although some illnesses might not be covered.
Insurance, on the other hand, can provide more comprehensive coverage. There’s an emphasis beyond medical costs and provides a safeguard not just for illness but also covers accidents, disability, and even death. There’s also a financial aspect that covers medical expenses, hospitalization, and even preventive care. For those who have beneficiaries, you can also ensure financial security in the event that you pass away. If planning for the future is important for you, insurance complements HMOs through financial strategies, ensuring stability during stressful and unexpected events.
We all know that life can be full of worries. If you don’t want your future self to worry about illnesses that might not be covered by your HMO or hospital bills, AIA’s Health Cover offers complementary advantages to HMO’s limitations.
You get:
- Comprehensive health coverage. This covers 57 major illnesses including cancer, heart attack, and stroke until 80 years old. It also covers 34 minor illnesses.
- Life insurance coverage. In the event that you pass away, beneficiaries will get a lump sum cash benefit.
- Daily hospitalization benefit. You get up to PHP 5,000 for every day that you’re confined so you can focus on getting better.
- Waiver of premium for critical illness. This means that you won't have to pay your basic annual premium, rider premiums and special top-up payments anymore. This waiver frees your mind from more worries.
- AIA vitality. This is a science-backed platform that helps you prevent medical conditions altogether.
To learn more about AIA Health Cover, sign up on the form below.
