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HMO payouts reach P15 05 billion in Q1–Insurance Commission

HEALTHCARE benefits paid out by health maintenance organizations (HMOs) in January to March reached P15.05 billion, according to the Insurance Commission (IC). Data from the IC showed that benefit payouts by HMOs in the first quarter of the year rose by 17.3 percent from the P12.833 billion paid in the…

PHLPost releases stamps to mark IC s 75th year

THE Insurance Commission (IC) and the state-owned Philippine Postal Corp. (PHLPost) unveiled the commemorative stamp and official first day cover in celebration of the 75th Anniversary of the Insurance Commission (IC) last January 24 to highlight this year’s theme: “Serving with Integrity and Commitment: 75 years of Public Trust.” Established…

Pre-need firms post 9 45% H1 premium income growth

The increase in total premium income could be attributed to the increase in the number of pre-need plans sold during the said period, said the IC.

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