{"id":7464,"date":"2021-08-27T09:58:10","date_gmt":"2021-08-27T01:58:10","guid":{"rendered":"http:\/\/zestmag.com\/online\/?p=7464"},"modified":"2021-08-27T09:58:12","modified_gmt":"2021-08-27T01:58:12","slug":"maxicare-and-allianz-pnb-life-partner-to-create-the-hospicash-insurance-bundle-for-maxicares-hmo-plans","status":"publish","type":"post","link":"https:\/\/zestmag.com\/online\/maxicare-and-allianz-pnb-life-partner-to-create-the-hospicash-insurance-bundle-for-maxicares-hmo-plans\/","title":{"rendered":"Maxicare and Allianz PNB Life partner to create the Hospicash insurance bundle for Maxicare\u2019s HMO plans"},"content":{"rendered":"\n

Maxicare Healthcare Corporation and Allianz PNB Life collaborated to supplement Health Maintenance Organization (HMO) plans with an insurance coverage. Maxicare Hospicash, the first of its kind in the Philippines\u2019 HMO market, is a daily hospital cash benefit that will soon be available through Maxicare in partnership with Allianz PNB Life.<\/strong><\/p>\n\n\n\n

While an HMO covers the usual medical expenses, Hospicash enhances the coverage by providing cash benefits to address other expenses in the event of hospitalization. These may include extra spending for medicine, transportation, visitation, and loss of income while hospitalized.<\/p>\n\n\n\n

\u201cEverybody knows getting sick doesn\u2019t just stop at footing the hospital bill; there are other expenses that come up too, especially with work and the family,\u201d said Maxicare President and CEO Christian Argos. \u201cMaxicare and Allianz PNB Life understand this concern, hence the partnership between our organizations in offering Maxicare Hospicash.\u201d<\/p>\n\n\n\n

\u201cNobody wants to be hospitalized and this product bundle helps alleviate the hassles and burdens associated with it. While your typical HMO benefits can cover the hospital bill, additional out-of-pocket expenses are often incurred.\u201d said Alexander Grenz, President and CEO of Allianz PNB Life. \u201cThrough our partnership with Maxicare, we can provide a more comprehensive solution for hospitalization.\u201d<\/p>\n\n\n\n

In addition, Maxicare Hospicash acts as an additional layer of benefit or cash when the maximum benefit limit (MBL) for the HMO plan is used up.<\/p>\n\n\n\n

For example, a Maxicare member with Hospicash coverage receives a fixed amount or Daily Hospital Cash Benefit starting at P250 to P5,000 per day while hospitalized. The total is claimable in cash after discharge from the hospital.<\/p>\n\n\n\n

Maxicare Hospicash can be bundled with Maxicare\u2019s Corporate and SME plans. Maxicare members can now have Hospicash as part of their HMO. \u201cMaxicare Hospicash further sets apart the Maxicare HMO experience.\u201d added Christian Argos.<\/p>\n\n\n\n

\u201cBy partnering with a trusted HMO provider like Maxicare, we can provide Filipinos with more security at a time when both health-related expenses and COVID-19 cases are on the rise,\u201d said Allianz PNB Life President and CEO Alexander Grenz.<\/p>\n\n\n\n

The strategic partnership is an especially notable one between the leading HMO provider in the Philippines<\/a> and the no. 1 insurance brand in the world<\/a>. Maxicare won gold for Best PH Health Insurance in the 2021 Quality Service Awards Asia while Allianz PNB Life remains the country\u2019s fastest growing insurance company in terms of premium income.<\/p>\n","protected":false},"excerpt":{"rendered":"

While an HMO covers the usual medical expenses, Hospicash enhances the coverage by providing cash benefits to address other expenses in the event of hospitalization. These may include extra spending for medicine, transportation, visitation, and loss of income while hospitalized.<\/p>\n","protected":false},"author":3,"featured_media":7465,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,13],"tags":[1810,2275,1914],"class_list":["post-7464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-showcase","category-business-builders","tag-insurance","tag-insurance-industry","tag-insurance-policy"],"_links":{"self":[{"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/7464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/comments?post=7464"}],"version-history":[{"count":1,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/7464\/revisions"}],"predecessor-version":[{"id":7466,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/7464\/revisions\/7466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media\/7465"}],"wp:attachment":[{"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media?parent=7464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/categories?post=7464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/tags?post=7464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}