Why Employee Benefits Need More Than Just an HMO: AIA Philippines and MediCard Introduce Group Life + HMO
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| Introducing Group Life + HMO |
Employee benefits have long been viewed as a valuable workplace perk, but today's workforce needs more than access to healthcare alone. As medical costs continue to rise and many Filipino families remain financially vulnerable during unexpected life events, companies are also rethinking how they can better support their employees without adding complexity to their HR processes.
These were among the key conversations during the recent media roundtable hosted by AIA Philippines and MediCard, where the two companies introduced Group Life + HMO -- an integrated employee benefits solution designed to combine healthcare coverage with life protection under one plan.
Why Traditional Employee Benefits May No Longer Be Enough
While HMO coverage has become a common employee benefit, it often addresses only one aspect of protection. Employees may still face significant financial challenges when unexpected situations such as disability, accidents, or death occur.According to data shared during the event:
- Filipinos spent an average of Php15,223 out-of-pocket on healthcare in 2025, a 14% increase from the previous year.
- 65% of Filipinos still rely on their personal savings during unexpected events based on AIA Philippines' 2025 Rethink Healthy study
- 88% identify themselves as either the sole or shared breadwinner of their household, making financial protection just as important as healthcare access.
These figures highlight why employee wellness extends beyond medical consultations and hospital coverage -- it also includes protecting families from the financial impact of life's uncertainties.
Introducing Group Life + HMO
To address this growing need, AIA Philippines and MediCard launched Group Life + HMO, an integrated solution that combines MediCard's healthcare services with AIA Philippines' group life insurance offerings.The plan includes:
By bringing these benefits together, employees receive broader protection while employers can manage everything through a single provider relationship, one enrollment process, and one billing arrangement.
- Comprehensive HMO coverage through MediCard
- Yearly Renewable Term Life insurance
- Total and Permanent Disability (TPD) protection
- Accidental Death, Dismemberment, and Disability (ADDD) coverage
Designed for Businesses of Every Size
One of the highlights discussed during the roundtable was how the solution was built not only for large corporations but also for micro, small, and medium enterprises (MSMEs). |
| Julian Mengual - CEO, MediCard |
Businesses can enroll with as few as five employees, making comprehensive employee protection more accessible even for growing companies. The solution also simplifies benefits administration by providing one primary touchpoint for both healthcare and insurance concerns, along with a more streamlined onboarding process.
Given that MSMEs account for 99.5% of Philippine business establishments and employ over 60% of the country's workforce, simplifying employee benefits while maintaining comprehensive protection can have a meaningful impact on businesses nationwide.
Given that MSMEs account for 99.5% of Philippine business establishments and employ over 60% of the country's workforce, simplifying employee benefits while maintaining comprehensive protection can have a meaningful impact on businesses nationwide.
Supporting Employees Beyond Medical Care
The presentation also emphasized that healthcare should not stop at treatment alone.MediCard continues to expand its healthcare ecosystem through preventive care, mental health programs, telemedicine, occupational health services, wellness initiatives, vaccination programs, home healthcare, and its nationwide network of accredited hospitals, clinics, and healthcare professionals.
Meanwhile, AIA complements these services by providing financial protection that helps employees and their families navigate unexpected life events through life insurance and disability coverage.
Together, the partnership aims to deliver more holistic support that addresses both an employee's physical well-being and long-term financial security.
Meanwhile, AIA complements these services by providing financial protection that helps employees and their families navigate unexpected life events through life insurance and disability coverage.
Together, the partnership aims to deliver more holistic support that addresses both an employee's physical well-being and long-term financial security.
A Simpler Way to Deliver Better Employee Benefits
Managing employee benefits can become increasingly complex as businesses grow. Through Group Life + HMO, AIA Philippines and MediCard seek to simplify that experience by offering one integrated solution instead of managing separate healthcare and insurance providers.For employers, this means:
- One provider relationship
- One renewal process
- One streamlined employee enrollment
- More comprehensive protection for their workforce
For employees, it means having both healthcare access and financial protection working together under a single benefits package.
As workplaces continue to evolve, employee expectations are changing as well. Companies are no longer simply looking for healthcare plans -- they're seeking solutions that help protect both the health and financial well-being of their people while remaining practical to administer.
As workplaces continue to evolve, employee expectations are changing as well. Companies are no longer simply looking for healthcare plans -- they're seeking solutions that help protect both the health and financial well-being of their people while remaining practical to administer.
By combining MediCard's healthcare expertise with AIA Philippines' life insurance capabilities, Group Life + HMO represents a more integrated approach to employee benefits -- one that recognizes that supporting employees also means helping safeguard the families who depend on them.
