Welcome…


My name is Raymund Camat and I am the blogger of MoneyTalkPH.com. My mission is to spread financial education to Filipinos worldwide to achieve the ultimate goal of Financial Freedom.

I am affiliated with Sun Life of Canada, the oldest life insurance company in the Philippines and currently the number 1 life insurance company in the Philippines. Our company has a wide range of life insurance and investment products including the following:

  • Sun Maxilink Prime – a life insurance plan with investment component that could be used to finance future needs like education and retirement. With the option to include accidental death benefit, disablement benefit, dismemberment benefit, and hospital income benefit. This plan is payable for at least 10 years.
  • Sun Flexilink – a life insurance plan with investment that could be used for retirement. With the option to include accidental death benefit, disablement benefit, dismemberment benefit, critical illness benefit, female critical illness benefit and hospital income benefit.
  • Sun Maxilink Bright – a life insurance plan with investment that could be used to finance future expenses in education or retirement. This plan is payable in 5 years with the option to add accidental death and total disability benefit.
  • Sun Life Assure – a term life insurance plan that provides lump sum amount upon diagnosis of any of the 36 illnesses covered including cancer, organ transplant, paralysis, blindness and others.
Make your money work harder for you! Invest on our award-winning mutual funds: the Sun Life Prosperity Funds. Learn how to open an account here.

MEDICard – Best HMO/Health Card in the Philippines

Health Insurance

Getting sick in the Philippines is very expensive especially if  you don’t have money and health insurance. Many Filipinos are forced to borrow money from the bank, friends and relatives just to pay  piling medical bills. Health emergencies also eat up savings and even investments. Of course Philhealth is there, but it will not pay everything especially when you are confined in private hospitals. Philhealth can only pay a percentage of the  total bill. Philhealth cannot also be used for outpatient services (check-ups) and for dental services.

HMO stands for Health Maintenance Organization, which is a business that provides customers with access to a full range of medical facilities at their time of need, in exchange for membership fees up front. There are 16 HMOs in the market today including Medicard, Maxicare, Intellicare, Fortunecare, Valucare, Philcare, Insularcare and others.  HMO plans typically cover inpatient, outpatient, and emergency room treatments. Members can avail of a host of services from among a nationwide network of accredited doctors, hospitals and clinics, and on a no-cash-out basis. In most cases, members need only show their health cards to avail of the services.

I personally use my HMO card for medical check-ups and I don’t need to pay anything. I can use my card for unlimited check-ups as long as the illness is covered. I also use my card for dental check  ups and get free dental filling (pasta in Tagalog). My card also cover a free annual medical exam with chest Xray, urinalysis, faecalysis, blood chemistry and physical exam.

When confined, the HMO card will pay the bill after the Philhealth coverage has been lessened. If you do not have Philhealth, you need to pay the portion of the bill that Philhealth should have been covered if you are Philhealth member.  You will appreciate the value of an HMO card if your medical bill would be like 50,000 or higher. Imagine, the feeling of leaving the hospital without paying  huge amount of money.

Below is the latest brochure of Medicard plans that you can choose from.

MEDICARD HMO CARD PHILIPPINES PRICE RATES

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