State-run Government Service Insurance System (GSIS) has disbursed ₱27.29 billion in microloans to 463,608 active state workers through its expanded credit facility, offering civil servants an alternative to high-cost informal lenders. The total reflects loan issuances from Oct. 24, 2024, through...
Four out of five Filipinos feel anxious about their ability to pay for care as they grow older—a stress level significantly higher than that of their Asian peers, driven largely by the heavy expectation of caring for their families. According to the Asia Care Survey 2026 released in July,...
The Government Service Insurance System (GSIS) signed an agreement with Maxicare Healthcare Corp. to launch G-HEALTH, a program offering zero-interest financing for health and hospitalization insurance to government employees. In a statement, GSIS said the initiative allows public sector workers...
PhilFirst, one of the country’s oldest non-life insurance companies and a member of the Philippines First Insurance Group, has partnered with AI-enabled InsurTech platform ProTech to introduce next-generation integrated insurance solutions aimed at making insurance more accessible and convenient...
AIA Philippines and MediCard Philippines Inc. have launched an integrated insurance product aimed at easing the burden of surging medical costs for local households and small businesses. Dubbed Group Life + HMO, the offering combines health maintenance coverage with life insurance protection under...
State-run Government Service Insurance System (GSIS) has allocated ₱520.08 million in emergency funding to support 21,153 members and pensioners affected by public health and agricultural crises in La Union and Negros Occidental. Under the facility, GSIS said that eligible active workers and...
State-run pension fund Government Service Insurance System (GSIS) invested ₱441.26 million to acquire shares of Megawide Construction Corp. from company Chairman Edgar Saavedra’s Megacore Holdings Inc., increasing its stake to 9.5 percent. Based on data from the Philippine Stock Exchange (PSE),...
State-run pension fund Government Service Insurance System (GSIS) has allotted ₱12.62 million in emergency loans for members and pensioners in Puerto Galera town, Oriental Mindoro province, following the declaration of a state of calamity due to prolonged dry conditions and water shortages caused...
State-run pension fund Government Service Insurance System (GSIS) has increased its funeral benefit by two-thirds to ₱50,000 from ₱30,000, providing greater financial assistance to families of deceased government workers and qualified pensioners. In a statement on Monday, July 13, GSIS said the...
Being a middle-class Generation Y breadwinner could be one of the most uncomfortable roles a Filipino could ever assume. To wear a millennial’s shoes means bearing the intergenerational demands of caring for your parents and rearing children, leaving you anxious about securing your retirement and...
PhilCare, one of the leading health maintenance organizations in the Philippines, is officially pivoting the local healthcare sector into the digital future. By integrating Verisk 's innovative Health Risk Rating Solution, the domestic HMO giant has successfully implemented a fully automated...
Three of the country’s largest business groups have backed the expansion of benefits provided by state-run Philippine Health Insurance Corp. (PhilHealth), but stressed that timely and complete premium payments are crucial to sustain the national health insurer’s finances and further widen...
