HMO For Small Business Owners: Employee Benefits

They say that workers are the main stars of a company. For you as a business owner, it is best that you take care of your employees’ welfare. Why not get them an HMO account to protect their health?

Best HMO for Small Business

Here’s a list of some of the HMOs for small business in the Philippines

Avega

You might have heard of Avega as a leading HMO for employers. They have good health care packages suitable for employees of all levels. Plus, they can give businesses good rates to cover as many employees as possible.

Intellicare

One of the top HMO companies for business owners is Intellicare. It has about 1 million members entrusting the company for all types of medical expenses coverage. You may initially request for a plan quote to maximize your payment.

Maxicare

One of the most trusted HMOs for any type of business or company. They offer comprehensive plans to employees so that company owners can relieve themselves from headaches of expenditure.

Medicard

Another top choice for HMO for business is Medicard. They have a good employee package for both small and big business entities. Expect the health packages to suit your budget because of their various plan options.

Usually, we only consider health cards as an individual product. But you should know that most of the plan holders acquired their cards from their employees. It is a part of the benefits offered to them when they sign up for work.

What is the best HMO for employees? It is a good idea to choose a corporate plan to cover all your workers. In fact, this will be more cost effective because you can pay in whole amounts and remit them monthly.

Insurance Asia’s report indicates that there has been an increase of HMO payout in the Philippines surging at 17% in recent years. This goes to show the importance of having this feature benefit if you have a small business.

Is HMO Coverage Necessary for Business Owners?

One way to protect your business is to take care of your employees. A health card account is a form of insurance. If in case your worker has met an accident, health cards will become useful for medical expenses. With coverage, your company does not need to pay for the hospital bills which the HMO will cover.

Moreover, having an attractive health care plan will keep your workers for a long time. You know that headhunting is very time consuming and requires expenses too. By retaining your employees, you can keep your company in operation and earn profits.

Final Words

We all want to maximize our profits. As a business owner, this is the ultimate measurement of success. But in order to sustain that success for a long time, we should take care of the people who make it happen. With an HMO, you are not only taking care of your people but also your enterprise.