Allianz PNB Life, which recently boosted its digital presence to better serve under the pandemic, and Maxicare Healthcare Corporation collaborated to supplement Health Maintenance Organization (HMO) plans with an insurance coverage. MaxicareHospicash, the first of its kind in the Philippines’ HMO market, is a daily hospital cash benefit that will soon be available through Maxicare in partnership with Allianz PNB Life.

While an HMO covers the usual medical expenses, Hospicash enhances the coverage by providing cash benefits to address other expenses in the event of hospitalization. These may include extra spending for medicine, transportation, visitation, and loss of income while hospitalized.

Allianz PNB Life also continues to bridge the gap between them and quality health insurance. Its newly automated lead management process on Facebook can attend to customers’ needs in real-time or within 48 hours.

It has recently launched “No Filter,” a digital film that is a wry, self-aware take on humanity’s harmful impact on the environment. "As humans existing in a digital world, we utilize filters so we can edit our photos to our liking. Facebook and Instagram alone report over 600 million users of filters worldwide. But where filters fail, reality quickly checks in."

And now this collaboration.

“Everybody knows getting sick doesn’t just stop at footing the hospital bill; there are other expenses that come up too, especially with work and the family,” said Maxicare President and CEO Christian Argos. “Maxicare and Allianz PNB Life understand this concern, hence the partnership between our organizations in offering MaxicareHospicash.”

“Nobody wants to be hospitalized and this product bundle helps alleviate the hassles and burdens associated with it. While your typical HMO benefits can cover the hospital bill, additional out-of-pocket expenses are often incurred,” said Alexander Grenz, President and CEO of Allianz PNB Life. “Through our partnership with Maxicare, we can provide a more comprehensive solution for hospitalization.”

In addition, MaxicareHospicash acts as an additional layer of benefit or cash when the maximum benefit limit (MBL) for the HMO plan is used up.

For example, a Maxicare member with Hospicash coverage receives a fixed amount or Daily Hospital Cash Benefit starting at P250 to P5,000 per day while hospitalized. The total is claimable in cash after discharge from the hospital.

MaxicareHospicash can be bundled with Maxicare’s Corporate and SME plans. Maxicare members can now have Hospicash as part of their HMO. “MaxicareHospicash further sets apart the Maxicare HMO experience,” added Christian Argos.

“By partnering with a trusted HMO provider like Maxicare, we can provide Filipinos with more security at a time when both health-related expenses and COVID-19 cases are on the rise,” said Allianz PNB Life President and CEO Alexander Grenz.

The strategic partnership is an especially notable one between the leading HMO provider in the Philippines and the no. 1 insurance brand in the world. Maxicare won gold for Best PH Health Insurance in the 2021 Quality Service Awards Asia while Allianz PNB Life remains the country’s fastest growing and innovative insurance company in terms of premium income.