Articles
The importance of a comprehensive health plan
Why investing in our health is more important now than ever.
July 26, 2024
The Philippines continues to see heart disease, cancer (neoplasms), and strokes as leading causes of death. These conditions can strike anyone, anytime, and the financial burden of treatment can be overwhelming.
Consider these statistics:
An acute heart attack can cost around Php 978,650. Stroke treatment can reach Php 1.8 million. Lung cancer treatment can amount to a staggering Php 2.78 million. Even common health concerns like breast cancer (Php 438,000) or kidney dialysis (Php 192,000 - Php 432,000 annually) can quickly drain your savings.
Think of health insurance as a safety net. You pay a regular premium (monthly, quarterly, anually), and in return, your insurance company helps you manage medical costs . They will pay you a lump sum if you get sick that ca n cover a significant portion, or sometimes all, of your bills depending on your plan and sum assured.
Here's why it's beneficial: Imagine facing a major illness. Medical bills can quickly spiral, leaving you with financial stress on top of health concerns. Health insurance helps ease that burden by taking care of most, if not all, of the covered expenses. This allows you to focus on your recovery without worrying about the financial strain. You don’t have to be in debt to pay off your financial obligations You can live your life to the fullest knowing you are covered for any unexpected health issues Don's wait for a health crisis to take action. Invest in your health and financial security with a comprehensive health insurance plan.