I was diagnosed with Endometriosis and had two surguries in 2008 and 2010. The doctor mentioned that this kind of disability may re-occur. It scared me a lot thingking that if I will be needing surgury again, do i have enough funds for it?
I found my answer with Kaiser Long-term -Healthcare plan.
I really love the plan because not only does it provide me healthcare benefits, it also has life insurtance and long-term savings, which gives me added layer of security.
If you think of it carefully, a lot of people suffer and die not because of lack of medicine but because of lack of funds.
Healthcare fund has always been the most neglected investment vehicle because people would normally think that they will always be healthy until the uncertainty happens.
Let’s not commit the same mistake of our past generations.
Make sure you are always protected because 3 things are certain:
We all get sick
We all grow old
We all die
Kaiser Long-term Healthcare Plan addresses this certainties.
Kaiser International Health Group Inc. is registered as a health care provider.
Kaiser is far more than an HMO. While most HMOs cater to both group and individual accounts, Kaiser's product is geared to address the long-term health care needs of individuals especially after their employment and retirement years.
ALARMING HEALTH REALITIES...
In 20 years, the elderly will outnumber the youth by a ratio 4:1
Aging workforce is the biggest economic challenge over the next decades
Heart disease is the number one cause of mortality in the Philippines
Medical inflation hits nosebleed levels, 3-4 times economic inflation
Cost of medicines in the Philippines is 600% higher than our neighboring Asian countries
Health conditions in the Philippines remain among the poorest in East Asia
More and more people die not because of no doctor or no medicine but because of money
SHORT-TERM VS. LONG-TERM HEALTHCARE
Short Term Healthcare TRADITIONAL HMO
Long Term Healthcare HEALTH SAVINGS ACCOUNT
Renewal not guaranteed if with high claims
Renewal is guaranteed
Yearly increase of premium
Fixed premiums for 7 years
Generally, no insurance coverage some provide insurance, but very low coverage
With Four (4) Way Insurance Coverage up to the Long Term healthcare Plan:
Accidental Death and Dismemberment
Waiver of Installment due to death
Waiver of Installment due to Permanent and Total Disability
No accumulation of unused health fund
All unused health fund accumulates with interest
No return of premiums (ROP) for non-utilization
With returns of premiums up to the contract price for non-utilization during the paying period
Covers only up to age 60
Covers beyond age 60 with long term care yields *
Pre-existing illness is not covered during the 1st year and lifetime / permanent exclusions may be issued on the 2nd year onwards
Pre-existing is not covered during accumulation period. No exclusions after the 7th year of coverage *
Inflexible, non-transferable benefit design
Flexible, transferable, and may be redated benefit design
Reinstatement is limited only within 30 days of lapsed policy
Reinstatement within 2 years of lapsed policy
Access to non-accredited physicians and medical network is not covered
Access to non-accredited physicians and medical network is covered after the 7th year
Out-patient medicines and cosmetic treatments not covered
Out-patient medicines and all illness including cosmetic and maternity are covered after the 7th year *
Continuous yearly payment terms
Seven (7) years or spot-cash payment options
Anxious, worrisome and insecure healthcare status after employment or during retirement years
MORE ABOUT KAISER LONG-TERM HEALTHCARE
It is a 3-in-1 financial product that answers our 3 MAJOR FINANCIAL NEEDS and could help us build a SOLID FINANCIAL FOUNDATION.
Healthcare Protection (Both Short-term and Long-term)
Life Insurance Protection
Savings and Long-term Investment
Kaiser Ultimate Heath Builder Plan, provides you the benefit of a short-term healthcare in case of emergency and long-term healthcare after maturity for your retirement years.
Unlike the Traditional HMO, Kaiser Ultimate Health Builder Plan has four-way insurance coverage:
Term-life insurance for 20 years
Accidental death and dismemberment for 20 years
Waiver of installment due to death during the accumulation period
Waiver of installment due to permanent and total disability during the accumulation period
All unused healthcare funds will be carried over every year and will earn interest. If you did not use the healthcare plan during the accumulation period, you will received an incentive amounting to 85% of the contract price.
Upon maturity, you have the option to withdraw the total unused healthcare funds or retain the funds with Kaiser for it to earn interest higher than what banks can give.