This new investment-linked life insurance fund offers up to 6%potential payout annually Leading life insurer Pru Life UK introduces PRULink Cash Flow Fund Plus, the newest in its suite of expertly-managed investment-linked life insurance funds, that offers high payout target of up to 6% annually or...
Benefits and claims paid by health maintenance organizations (HMOs) rose in the third-quarter last year driving by increasing medical needs of the Filipino people, the Insurance Commission said. In a statement on Thursday, Jan. 19, Insurance Commissioner Dennis B. Funa said health care benefits and...
A proposed measure filed by Deputy Speaker and Las Piñas Rep. Camille Villar would provide disability, health and hospitalizations benefits to all practicing journalists as the lawmaker cited the hazard of their jobs. (Photo from Las Piñas City Rep. Camille Villar via Facebook) House Bill (HB)...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) Health facilities can still file their application for renewal of accreditation with the Philippine Health Insurance Corporation (PhilHealth) until the end of this month. "Please be informed that PhilHealth will extend the...
The Philippine Competition Commission (PCC) has approved the proposed acquisition by AIA Philippines Life and General Insurance Company Inc. (AIA Philippines) of 100 percent shares in MediCard Philippines Inc. (MediCard) stating the merger will not diminish market competition in the sector. In a...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said that its current financial standing is still in a "strong" position. "We also reiterate that PhilHealth’s financial standing remains strong," the state health...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said that the current benefits for its members won't be affected by the suspension of the scheduled increase of its contribution rate this year. "Despite the suspension ay...
A teachers’ group on Tuesday, Jan. 3, backed the administration’s decision to suspend the scheduled Philippine Health Insurance Corporation (PhilHealth) premium contribution increase for the calendar year 2023. (Noel Pabalate / Manila Bulletin) A memorandum released by the Office of the...
Sjoerd Smeets, who joined EastWest Ageas Insurance in September from Ageas Portugal, has been appointed president and CEO for the Philippine unit. Smeets will replace outgoing President and CEO Glenn Williams, who will be moving up as Ageas regional Chief Financial Officer in 2023 at the Ageas...
The suspension of the premium contribution increase for the year 2023 was welcomed by the Department of Health (DOH) and the Philippine Health Insurance Corporation (PhilHealth) on Monday evening, Jan. 2. (Department of Health) Both agencies, as stated in its joint statement issued on Monday, are...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) on Thursday, Dec. 29, maintained that the handling of its funds is being done in a “prudent” manner. “We assure the public that PhilHealth is prudent in...
State-run Government Service Insurance System (GSIS) announced on Thursday, Dec. 29, that the pension fund will grant educational assistance to kin of its members. Wick Veloso, GSIS president and general manager said they will release P100 million in financial aid to 10,000 qualified children of...
