Skip to main content

FICCO Healthcare Program: Most Affordable HMO in the Philippines

As a mother and homemaker, my top priority is always my daughter. That is the reason why I am very much into investments and insurances. I want to protect her, her home, and her future. There are so many what-ifs in life and these double once we get married and have children. Just like any other aspect of our lives, our family life is not always high. Sometimes we experience challenges and problems and most often than not, we are not prepared for it. 

But there are certain things that we can actually prepare for. One of which is something to do with our health. These days, the food that we eat and the environment that we are in can give us sickness. And when it comes to health problems, it can drain our finances and we can even go into debts just to pay for the cost of medicines, check-ups, and (knock on wood) hospitalizations.

Getting an HMO these days is no longer a luxury. It is a necessity, especially for average-income generating families like ours who could not afford the cost of hospitalization. Believe me, because I actually went into huge debt because of my daughter's hospitalization in the past few years. 

Though my husband and I have already a Critical Illness Plan and made some investments like mutual funds, we did not have an HMO for ourselves because we found health insurances to be expensive. We only had Philhealth. And because of the daughter's hospitalization, the debt that we incurred did not allow us to get an HMO. Our salaries are no longer enough.

December last year, I learned about a very affordable HMO. It was super-duper good news for me. I am referring to the First Community Cooperative (FICCO) Healthcare Program wherein they have three options to choose from but with very affordable premiums. I was happy about it because I am already a member of the cooperative so I went there last week to inquire and enroll in the program.

For kids like my daughter, there is only one option and the annual premium is at P2,200.00 and it covers the following:

  • maximum benefit limit of P25,000.00 per illness per year
  • outpatient consultation in accredited clinics
  • laboratory and other diagnostic procedures
  • elective minor operation (needs Philhealth)
  • outpatient treatment of illness and injury in both accredited and non-accredited hospitals
  • hospital confinement
  • emergency confinement
  • dental services (simple tooth extraction and annual consultation only)
  • annual physical examination (chest xray and urine test)
  • pre-existing condition -covered after 1 year
  • Financial assistance - natural death - P10,000.00
  • Financial assistance - accidental death - P20,000.00
  • room and board- ward
I also got one for myself and the annual premium that I got costs P2,700.00 and I actually pay it in staggered. That means, I only need to pay P225.00 per month for the HMO. It covers the following:

  • maximum benefit limit of P60,000.00 per year
  • outpatient consultation in accredited clinics
  • laboratory and other diagnostic procedures
  • elective minor operation (needs Philhealth)
  • outpatient treatment of illness and injury in both accredited and non-accredited hospitals
  • hospital confinement
  • emergency confinement
  • dental services (simple tooth extraction and annual consultation only)
  • annual physical examination (chest xray and urine test)
  • pre-existing condition -covered after 1 year
  • Financial assistance - natural death - P10,000.00
  • Financial assistance - accidental death - P20,000.00
  • room and board- ward
There are still 2 options for adult members and you can read more about it here.

I am happy to finally be able to further secure my family but just like any other insurances I got, I hope we will not be able to use it. 



Comments

Popular posts from this blog

'PAG-IBIG MP2 Enrollment and Payment Made Easy

 Happy New Year! I know. It's been almost 2 years since my last post . Things got so hectic for the last 2 years. There were a lot of adjustments when it comes to work since everything has shifted to the new normal. Curse the pandemic!  Almost 2 years ago, I created a blogpost on Why and How to Start Investing in PAG-IBIG MP2 Savings Program   but honestly, I wasn't able to start saving through the MP2 because I really thought that I still need to submit the application form to the PAG-IBIG office to start paying the contributions. However, I recently came across a Facebook post that there is no need to submit the application form. For as long as PAG-IBIG MP2 Account Number is generated, we can even start saving right away. So, how do you start saving in MP2? 1. Make sure that you submit an application online. Details here . Once you're done with the application, a soft copy of your enrollment form will be generated. You can download or print this form.  If you choose SALAR

Why and How to Start Investing in PAG-IBIG MP2 Savings Program?

It's been a while since I wanted to invest in PAG-IBIG MP2 , a voluntary savings program with a 5-year term for all PAG-IBIG Fund members which earns dividends. You can get your dividends either annually or after the term (5-year). The higher you save, the more dividend you will get.   From the year 2016 to 2018 the average  MP2 dividend  rate in the past three years (2016-2018) is at 7.65%. It's not that bad compared to a regular savings program in banks. I finally got the chance to "enroll" myself. It is easier nowadays because you can start your application online. If you are interested, follow the instructions below on how you can also start investing PAG-IBIG's MP2. 1.  Go to pagibigfundservices.com and you will be asked to provide your PAG-IBIG MID No, Last name, First name, and Date of Birth. 2   2.  You will be directed to a new page where you can view your PAG-IBIG profile. On the right side of the screen, the first thing that you

I found the best cleaner for the bathroom. And it is...

As a homemaker, I am getting so obsessed with cleaning materials lately especially with the ongoing threat of the newly discovered coronavirus. This post is all about my bathroom tiles. Ever since we bought the house in 2011, the tiles were already yellowish and that's probably because the bathroom is where the carpenters get water.  We've had some renovations over the years so it got dirtier. We really did not mind that much because we were not living here. It was only last year that we moved in and it has been my problem ever since. I've tried so many cleaning products but it gave me disappointing results.  This was how our bathroom tiles looked like before Then, somebody introduced me to this amazing product of Personal Collection, the TUFF Toilet Bowl Cleaner . I tested it at home and I just tried to use it on the tiles as well. Lo and behold, it worked amazingly! Watch this video of the amazing transformation: I did not put so much effort into