Tag page - health maintenance organization

As the number of COVID-19 cases in the country increased, insurance claim payouts due to the pandemic hit P8.2 billion in the first nine months of last year, a survey conducted by the Insurance Commission revealed. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 31 that...

The health maintenance organizations’ (HMO) net income nearly doubled in the first three months of the year owing to lower benefit and claim payments, the Insurance Commission (IC) said. Based on the preliminary financial statements submitted to the IC, HMOs reported that the industry’s...

Insurance payments related to the coronavirus pandemic hit more than P8 billion. IC Comm. Dennis B. Funa Since the pandemic began, Insurance Commissioner Dennis B. Funa reported that payouts made by life and non-life insurers, health maintenance organizations (HMOs), and mutual benefit associations...