In a recent online conference in Bangkok hosted by the World Spa & Wellness where I represented the Philippines, spa and wellness stakeholders from the Philippines, Thailand and Vietnam shared one grim observation: the industry has been . In preparation for the country update that I had to do, I conducted a quick survey among…
Gyms and fitness centers in Metro Manila, Bulacan and Rizal can now accommodate up to nearly half of their operating capacities as the government further eased business restrictions despite COVID-19 cases still increasing. The Department of Trade and Industry (DTI) released Thursday an advisory raising gyms’ and fitness centers’ permitted capacity to 40 percent, or…
Insular Life Assurance Co. Ltd. (InLife) is optimistic that it will sustain the strong growth performance it posted during the first four months under the helm of its newly appointed chief. “Our sales metrics are very encouraging. Our first-trimester results are giving us double-digit growth in agency and group sales,” InLife president and chief executive…
For Filipinos, who have increasingly preferred traveling to de-stress, it has been a heavy blow. The rise in coronavirus cases earlier this year and the resulting reinstatement of restrictions did not help. While some spots did not entirely close for tourists within their bubbles, out-of-town trips remain a dream in hotspots until the numbers go…
When – not if – a perilous sickness strikes, the high costs can stun the unprepared. That is a lesson COVID-19 teaches. New to humankind, no one is naturally immune to it. It easily spreads worldwide, hospitalizing and killing millions. A bout with the disease has cost millions in bills. Health maintenance organizations (HMOs) and…
The Ayala Group was just going back to its roots when it reentered the Philippines’ healthcare sector with the acquisition of the Generika drugstores and establishment of AC Health in 2015, 180 years since the group started out with Botica Zobel. That was a big leap forward for the group that has long been committed…
A survey of more than a hundred companies in the Philippines showed that majority of employers planned to use well-being programs as an edge to compete for talent. Leading global advisory company Willis Towers Watson said in a recent statement that of the employers surveyed said they would use the program as a “differentiator” in…
Fund manager Manulife Asset Management Trust Corp. (MAMTC) has unveiled a new investment fund that allows investors to buy into the global health-care space and ride on breakthrough medical advances. Manulife Global Healthcare Equity Feeder Fund is an equity feeder unit investment trust fund (UITF) that investors with aggressive risk appetite may access for as…
MANILA, Philippines — The health maintenance organization (HMO) sector’s bottom line soared by 660.36 percent to P6.77 billion during the first nine months of 2020 as sales inched up amid the Covid-19 pandemic. The latest Insurance Commission (IC) data showed 24 HMO firms’ total net income as of end-September last year jumped from P890.2 billion…
The country’s leading health maintenance organization (HMO) is ushering in a new era for healthcare delivery in the Philippines. While it has long been making quality healthcare accessible to more Filipinos across the country, MediCard Philippines Inc. has also been, over the last several years, spearheading a new cycle of transformation in its delivery, particularly…