Budget-Friendly HMO Plans That You Can Apply For

With rising medical costs, hospitalization may drain up your savings. We have prepared a list of affordable HMO plans that may suit your budget.

Here are some of the cheapest health insurance rates I’ve found among the offers of various HMO companies.

It’s no longer surprising that even health cards have prepaid versions. We love this because it is always cheaper than comprehensive yearly plans. Why don’t you check out the prepaid card offers in the market?

Note: The price per year were computed based on the 35 year old member, without dental coverage and otherwise healthy individual.

You may contact the HMO insurance company directly for the most accurate quote based on your profile and preference.

Most private companies include health card benefits to their employees. However, even individuals can apply for any HMOs provided that they satisfy the requirements. Plan types are available to voluntary members, senior citizens, freelancers and self-employed individuals.

Health cards such as these are best for:

• Virtual assistants
• Consultants
• Seniors with pension
• OFW
• Business owners of single proprietorship
• Voluntary individuals
• Remote online workers
• Freelancers
• Professionals
• Self employed

Although the presented plans are some of the most affordable ones, they still include optimum benefits to members. The following medical services are included as standard features:

• Doctor consultation
• Room accommodation
• Emergency room care
• Diagnostic procedures (doctor prescribed)
• Wound treatment
• Medication supplies, IV fluids, oxygen, blood (doctor prescribed)
• Animal bite treatment
• Annual Physical Exam
• Dental services (optional)

It is best to consider the nearest hospital in your area when choosing a health card plan. Most of the HMOs indicated have an extensive network of accredited hospitals so you can avail services within your location.

Some of the cheaper plans may not include top tier hospitals such as St. Luke’s Medical Center, Asian Hospital, Medical City, Makati Medical Center, Cardinal Santos Medical Center.

HMOs have various payment terms depending on the member’s preference. One may avail of the annual or semi annual terms. Over the counter, credit card and branch transactions are also available for convenience.

What cheap HMO with monthly payments can I get? Many of the HMOs do not have a monthly payment scheme or monthly installment. For employed individuals, this may not be a problem since the employer have a special term to deduct the premiums month.

While HMOs and health cards are among the top go to products of individuals, other affordable ways are available to you.

Singlife 100 in 1 Medical Plan

Singlife has partnered with Gcash to provide clients with a cheap health plan that covers 100 critical conditions.

• Price per month: Php 100
• Coverage amount: Up to Php 500,000
• Coverage conditions: Includes cancer, stroke, heart attack, etc.
• Features: Can be extended to family members, easy to pay for using GCash

To get a quote or to avail the product, simply go to your GCash account and click GInsure.