Short Term Healthcare Long Term Healthcare

TRADITIONAL HMO HEALTH SAVINGS ACCOUNT

Renewal not guaranteed if with high claims Renewal is guaranteed

Yearly increase of premium Fixed premiums for 7 years

Alarming Health Realities...
 In 20 years, the elderly will outnumber the youth by a ratio 4:1
Generally, no insurance coverage some provide With Four (4) Way Insurance Coverage up to the
insurance, but very low coverage Long Term healthcare Plan:  Aging workforce is the biggest economic challenge over the next decades

 Term Life  Heart disease is the number one cause of mortality in the Philippines

 Accidental Death and Dismemberment  Medical inflation hits nosebleed levels, 3-4 times economic inflation

 Waiver of Installment due to death  Cost of medicines in the Philippines is 600% higher than our neighboring
Asian countries
 Waiver of Installment due to Permanent and
Total Disability  Health conditions in the Philippines remain among the poorest in East Asia

No accumulation of unused health fund All unused health fund accumulates with interest  More and more people die not because of no doctor or no medicine but
because of money
No return of premiums (ROP) for non-utilization With returns of premiums up to the contract price for
non-utilization during the paying period

Covers only up to age 60 Covers beyond age 60 with long term care yields *

Pre-existing illness is not covered during the 1st year Pre-existing is not covered during accumulation
and lifetime / permanent exclusions may be issued on period. No exclusions after the 7th year of coverage *
the 2nd year onwards

Inflexible, non-transferable benefit design Flexible, transferable, and may be redated benefit
design

Reinstallment is limited only within 30 days of lapsed Reinstallment within 2 years of lapsed policy
policy