• 10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More 1
  • 10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More 2
  • 10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More 3
  • 10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More 4
  • 10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More 5

10 Best Health Insurance Policies in the Philippines 2022 | Sun Life, AXA, Manulife, and More

With the pandemic sweeping through the world, the saying ‘health is wealth’ has never been truer. Unfortunately, nothing is guaranteed in these uncertain times, and all we can do is prepare for the unexpected. Having a health insurance policy can lift some of that burden from our shoulders and help us rest easy at night, knowing we have a safety net in the unlikely event of a medical emergency.


Whether you are employed with a medical benefit or an individual looking to purchase your own insurance, private insurance companies offer a lot of policies. These are customizable to fit your needs and your budget. We have prepared a list of the 10 best health insurance policies available in the country and the points to consider before getting one. 

This article's contributors

Editorial Team
  • Last updated: 08-25-2022
Table of Contents

How to Choose a Health Insurance Policy - Buying Guide

Trying to pick a health insurance policy can be a little overwhelming. With all the options available in the market, we’ve narrowed down what points to consider before taking your pick. We’ve also included a few definitions of the terms often used by insurance companies so you can have a better understanding of what you’ll be getting. 

Differentiate Private and Public Health Insurance Companies

Differentiate Private and Public Health Insurance Companies

In the country, PhilHealth is the provider of public health insurance. It is funded by the government and its services aim to provide proper healthcare to all citizens. If you are currently employed, chances are you and your employer are already paying for monthly contributions.


If you work as a freelancer or a self-employed person, you can still avail of PhilHealth insurance by completing the application procedure. To claim your benefits, you must be treated at an accredited hospital and by an accredited physician.


Private health insurance companies include any organization or corporation that provides insurances without funding from the government. These companies have their own terms and coverages which any individual can avail. 

Understand the Different Types of Private Health Insurance

There are two main types of private health insurance available in the Philippines. Find out the difference between the two and which one is more applicable to you. 

Settle for an HMO That Covers All Your Basic Health Needs

Settle for an HMO That Covers All Your Basic Health Needs

HMOs or Health Maintenance Organizations are private healthcare insurance providers that are commonly availed by companies for their employees but are also open to individuals looking to purchase their own.


An advantage of HMOs is that they are more affordable than private health insurance. Since they are often included as a benefit of working for a company, the application won’t be difficult. However, a disadvantage of this is that members are restricted to the physicians and partner hospitals affiliated with the provider.


There is also a stricter cap set for the amount that can be claimed in the event the insurance is used. HMOs are ideal for short-term coverages as they are connected to your employment and sometimes only cover members until their retirement age.  

Opt for a Critical Illness Plan for a More Specialized Health Care Coverage

Opt for a Critical Illness Plan for a More Specialized Health Care Coverage

Private health insurances are companies that offer health insurance policies that can be availed by any individual. These often go for a higher price but offer a wider range of services. There are also fewer restrictions on the physician or hospital you can go to.


This type of insurance is also known as a critical illness plan. When an insured person is diagnosed with a condition, they can file a claim with the company, and a fixed lump sum of cash will be given depending on the agreed-upon rates. This is ideal if you want to have more control over where your money is spent.


Some policies can cover the insured person up until they are 100 years old, so these are great for long-term coverages. These are also more customizable to give you more control over what you are paying for. 

Determine the Type of Services Covered by Your Insurance

Some health insurance policies can be a little tricky about letting you know what is and is not included in your plan. Be prepared and make sure you are aware of the terms often used by insurance companies. We have listed down the most common ones.

Inpatient and Outpatient Hospital Services

Inpatient and Outpatient Hospital Services

The main difference between the two is whether the patient is admitted to the hospital or not. When you are brought to the hospital, your condition will be assessed, and the healthcare professionals will decide what kind of treatment you’ll need.


Procedures that can be done by outpatients include laboratory tests and examinations, as well as consultations with physicians or therapists. Even procedures done in the emergency room, like simple surgeries or treatments for allergies, are considered outpatient services.


If your condition requires you to be admitted to the hospital, then you will be considered an in-patient. Hospitalization due to complex surgeries, serious illnesses, patient monitoring, and childbirth all fall under this category. 

Surgical Expenses Benefit

Surgical Expenses Benefit

Medical surgeries include any type of operation done to the patient’s body to treat a disease or an injury. Insurance policies often have a list of covered surgeries and the corresponding compensation offered for each type, so make sure to check them out.   

Emergency Services

Emergency Services

In the event of medical emergencies, an ambulance will most likely rush to the scene to bring you to the nearest hospital. Depending on your case, you will be treated by healthcare professionals until your condition is stable.


Some policies also cover emergency cases that occur outside of the country and are ideal if you travel often. Pick a medical insurance policy that covers all these expenses to avoid having to shell out big amounts of cash during such cases.  

See Other Optional Benefits

See Other Optional Benefits

Some insurance policies offer extra benefits for an additional fee. They are often not included in the basic insurance policies as they may not apply to all members but availing them will surely help save some cash in the long run. These optional benefits may include dental check-ups, maternity coverage, and optical services

Find an Insurance Policy That Fits All Your Needs

Find an Insurance Policy That Fits All Your Needs

If you already have a physician or a preferred hospital, find which providers they are affiliated with. This way, you won’t have to deal with reacquainting yourself with a new doctor, and you can avail of the services of the hospital most convenient for you.


Certain medical conditions require specialists who are more experienced in a specific field. To make the most out of your health insurance, check to see if your insurance provider is affiliated with specialists such as neurologists and hematologists. Since they often charge a heftier consultation fee, having a health insurance plan would help lower the cost.  

Decide Whether You Want to Avail Health Insurance as an Individual or as a Family

Decide Whether You Want to Avail Health Insurance as an Individual or as a Family

Health insurance policies often only cover an individual insurer. This is ideal if you are single or don’t have any dependents. This also lets you fully customize your plan to fit your lifestyle and preferred budget.


For an additional fee, insurance companies offer plans that not only cover the principal applicant but also include his or her spouse and any dependent children as well. Availing of this can help you rest easy knowing you and your whole family are prepared for any health-related emergencies. 

Go for an Insurance Policy That Is Convenient to Claim

Go for an Insurance Policy That Is Convenient to Claim

The most important part of purchasing health insurance is claiming the benefits when you need them. Before choosing, make sure you know the process of contacting your insurance provider


For most companies, this means contacting your agent and filing a claim. Others would direct you to a bank with whom they are affiliated with. Thus, it’s imperative to look for insurance companies that have great customer service so that you’ll have a smooth transaction with them. 


To get an unbiased opinion on which insurance policy is the best one to claim, read up on reviews available online. You can also reach out to your relatives and close friends to ask for their opinion or if they have a suggested provider. 

Set a Budget and Consider Different Payment Schemes

Set a Budget and Consider Different Payment Schemes

Good healthcare does not need to be expensive. Set a budget you are comfortable with based on your annual salary and present health-related concerns. This way, you will only avail of what you really need and make the most out of your insurance.


Also, choose a health insurance provider that can give the most flexible payment scheme. Some companies offer a monthly, annual, or lumpsum payment term so you can have more control over your finances. 

Compare the Best Health Insurance Policies

Image
1
Sun Life Sun Fit and Well 1

Sun Life

2
Etiqa MyLife+ Plan 1

Etiqa

3
AXA Health Max 1

AXA

4
Maxicare MyMaxicare Plan 1

Maxicare

5
Pacific Cross  LifeStyle Plan 1

Pacific Cross

6
Insular Life InLife She Cares by Sheroes 1

Insular Life

7
MediCard Kabayan  1

MediCard

8
Manulife  Health Insurance for Men - Adam 1

Manulife

9
PRU Life UK PRUDengue MedCare  1

PRU Life UK

10
ValuCare ValuCare Corporate Health Insurance Plan 1

ValuCare

Name

Sun Fit and Well

MyLife+ Plan

Health Max

MyMaxicare Plan

LifeStyle Plan

InLife She Cares by Sheroes

Kabayan

Health Insurance for Men - Adam

PRUDengue MedCare

ValuCare Corporate Health Insurance Plan

Features

Live a Long and Healthy Life With a Coverage Until You Are 100 Years Old

Availing an All-in-One Insurance Coverage Has Never Been This Simple

Maximize Your Health Care Coverage With Health Max

A Healthcare Coverage for the Whole Family

A Complete Medical Insurance Designed for Young Adults

The Solution to Health, Protection, and Investment Needs of Hardworking Filipinas

Protect Your Loved Ones Back Home With a Health Coverage Specially Made for OFWs

A Health Insurance Made for Men With Benefits for Their Family

Keep Yourself Protected in Case of a Dengue Infection

Secure Your Company’s Health With a Health Coverage for All Your Employees

HMO or Non-HMONon-HMONon-HMONon-HMOHMOHMOHMOHMONon-HMOHMOHMO
Age of EligibilityUntil Age 10018 - 70 Years Old Until Age 10015 Days Old to 60 Years Old 21 to 35 Years Old and Renewable Until Age 4020 to 60 Years Old With Health Riders Until Age 7030 Days to 70 Years Old-1 to 59 Years Old18 - 59 Years Old
Individual or FamilyIndividualFamily IndividuualFamily IndividualIndividualFamilyIndividualIndividualIndividual
Special BenefitsClaim Benefits Until Age 100, Become Part of Their Wellness Community, Guaranteed Cash BenefitsEmergency Treatment in Foreign Territory, Free Health Check Critical Illness Coverage, Advance Health Fund, Life Insurance CoverageCongenital Illness, Dental Care (Optional), International Assist ProgramSports Coverage, Dermatologic Procedures and MedicationsFemale-Specific Cancers, DiabetesPre-existing Conditions, Emergency Care BenefitsFight Male-Specific Cancer, Continued Support for Your FamilyDengue Diagnosis BenefitOutpatient, Inpatient, Emergency, and Preventive Health Services
Payment SchemesSemi-Annual, Quarterly, Monthly One-Time Payment With One Year CoverageMonthlyAnnual, Semi-Annual, QuarterlyAnnual-Annual- One-Time Payment for 6 Months or 12 Months of CoverageAnnual, Semi-Annual, Quarterly
Maximum Benefit LimitConsult a Financial Advisor for More DetailsPhp 100,000Consult a Financial Advisor for More DetailsPlatinum Plus: Php 200,000 / Platinum: Php 150,000 / Gold: Php 100,000 / Silver: Php 60,000Php 250,000Consult a Financial Advisor for More DetailsPurple Plan: Php 150,000 per Beneficiary / Blue Plan: Php 100,000 per Beneficiary / White Plan: Php 60,000 per Beneficiary Consult a Financial Advisor for More DetailsLump Sum Benefit of PHP 10,000 Upon Diagnosis and Death Benefit of PHP 100,000 Due to DengueConsult a Financial Advisor for More Details
Link

10 Best Health Insurance Policies to Avail

Now that you know what to consider when choosing a health insurance provider, you are ready to make your choice. We've prepared a list of the Top 10 best health insurance companies to help you get one step closer to affordable and suitable healthcare. 


**Prices of health insurance premiums may vary depending on your age. Visit their website to get a free quotation or contact a financial advisor to know more.**  

1

Sun LifeSun Fit and Well

HMO or Non-HMONon-HMO
Age of EligibilityUntil Age 100
Individual or FamilyIndividual
Special BenefitsClaim Benefits Until Age 100, Become Part of Their Wellness Community, Guaranteed Cash Benefits
Payment SchemesSemi-Annual, Quarterly, Monthly
Maximum Benefit LimitConsult a Financial Advisor for More Details
2
HMO or Non-HMONon-HMO
Age of Eligibility18 - 70 Years Old
Individual or FamilyFamily
Special BenefitsEmergency Treatment in Foreign Territory, Free Health Check
Payment SchemesOne-Time Payment With One Year Coverage
Maximum Benefit LimitPhp 100,000
3
HMO or Non-HMONon-HMO
Age of EligibilityUntil Age 100
Individual or FamilyIndividuual
Special BenefitsCritical Illness Coverage, Advance Health Fund, Life Insurance Coverage
Payment SchemesMonthly
Maximum Benefit LimitConsult a Financial Advisor for More Details
4
HMO or Non-HMOHMO
Age of Eligibility15 Days Old to 60 Years Old
Individual or FamilyFamily
Special BenefitsCongenital Illness, Dental Care (Optional), International Assist Program
Payment SchemesAnnual, Semi-Annual, Quarterly
Maximum Benefit LimitPlatinum Plus: Php 200,000 / Platinum: Php 150,000 / Gold: Php 100,000 / Silver: Php 60,000
5
HMO or Non-HMOHMO
Age of Eligibility21 to 35 Years Old and Renewable Until Age 40
Individual or FamilyIndividual
Special BenefitsSports Coverage, Dermatologic Procedures and Medications
Payment SchemesAnnual
Maximum Benefit LimitPhp 250,000
6

Insular LifeInLife She Cares by Sheroes

HMO or Non-HMOHMO
Age of Eligibility20 to 60 Years Old With Health Riders Until Age 70
Individual or FamilyIndividual
Special BenefitsFemale-Specific Cancers, Diabetes
Payment Schemes-
Maximum Benefit LimitConsult a Financial Advisor for More Details
7
HMO or Non-HMOHMO
Age of Eligibility30 Days to 70 Years Old
Individual or FamilyFamily
Special BenefitsPre-existing Conditions, Emergency Care Benefits
Payment SchemesAnnual
Maximum Benefit LimitPurple Plan: Php 150,000 per Beneficiary / Blue Plan: Php 100,000 per Beneficiary / White Plan: Php 60,000 per Beneficiary
8

Manulife Health Insurance for Men - Adam

HMO or Non-HMONon-HMO
Age of Eligibility-
Individual or FamilyIndividual
Special BenefitsFight Male-Specific Cancer, Continued Support for Your Family
Payment Schemes-
Maximum Benefit LimitConsult a Financial Advisor for More Details
9
HMO or Non-HMOHMO
Age of Eligibility1 to 59 Years Old
Individual or FamilyIndividual
Special BenefitsDengue Diagnosis Benefit
Payment SchemesOne-Time Payment for 6 Months or 12 Months of Coverage
Maximum Benefit LimitLump Sum Benefit of PHP 10,000 Upon Diagnosis and Death Benefit of PHP 100,000 Due to Dengue
10

ValuCareValuCare Corporate Health Insurance Plan

HMO or Non-HMOHMO
Age of Eligibility18 - 59 Years Old
Individual or FamilyIndividual
Special BenefitsOutpatient, Inpatient, Emergency, and Preventive Health Services
Payment SchemesAnnual, Semi-Annual, Quarterly
Maximum Benefit LimitConsult a Financial Advisor for More Details

Combine Your Health Insurances for Ultimate Coverage

Combine Your Health Insurances for Ultimate Coverage

As PhilHealth is the country's main insurance health provider, chances are, 15% to 30% of your hospitalization and general expenses are already covered


Pick an HMO or health insurance provider that will complement the benefits of your PhilHealth plan. Take advantage of the special benefits that come with the different plans to maximize your coverage. 

Achieve Overall Wellness With These Health Supplements

Achieve Overall Wellness With These Health Supplements

When it comes to our health, prevention is better than cure. Boost your overall health by taking these dietary supplements. Find out what each type can do for you and how it can help keep your mind and body healthy by clicking on the articles below. 

Summary

With the everyday struggles that we face, including being busy with work, it's easy to forget to care of ourselves. However, investing in your health is the best way to achieve all of your heart's desires and live out your best life. 


Getting a health insurance is a great way to maintain a healthy mind and body and safeguard your future. Through this article, we hope that you were able to find the best health insurance for you and your family. Stay safe!


Author: Roxanne Beatriz Angeles

Related Articles

  • 10 Best Car Insurance Policies in the Philippines 2022 | Malayan Insurance, Charter Ping An, and More
    10 Best Car Insurance Policies in the Philippines 2022 | Malayan Insurance, Charter Ping An, and More
    Having car insurance policy is the primary way to monetarily safeguard yourself when owning a vehicle. Every responsible car owner should make it a point to acquire car insurance after getting his or her own car registered. A car accident may happen when you least expect it, and if you’re not prepared, it can cause you agony and a truckload of cash! That is why getting a car insurance can offer you the financial security you need. That way, you don’t have to shoulder the costs out of your own pocket. We list down the 10 best car insurance policies you can avail as well as a buying guide to help you understand how to choose the car insurance policy that’s right for you!
    Insurance
  • 10 Best VUL Insurance in the Philippines 2022 | Pru Life UK, Sun Life, and More
    10 Best VUL Insurance in the Philippines 2022 | Pru Life UK, Sun Life, and More
    As we have seen how unpredictable life can be in the past few years, VUL insurance has become very popular. It's important to insure your future, and a Variable Universal Life (VUL) Insurance can help give you the security you need. It's a type of life insurance with an added benefitーit builds a cash value because you can invest it in separate accounts like mutual funds.It's one of the most ideal policies for young professionals or for those who want to grow their money and have the chance to enjoy it eventually. To find out your options for the best VUL insurance that you can get, check out our top 10 list below. We also have a buying guide that will teach you all that you need to know to find out which VUL insurance is the right fit for you.
    Insurance
  • 10 Best Life Insurance Policies in the Philippines 2022 | AIA Philippines, AXA, And More
    10 Best Life Insurance Policies in the Philippines 2022 | AIA Philippines, AXA, And More
    Life insurance policies have taken on a new level of importance, especially these past few years. We saw the significance of taking care of ourselves and organizing our finances. That is why life insurance policies are here to be our loved one’s lifeboat in case we kick the bucket. If you’ve been considering getting a life insurance policy, we got you! We have crafted a detailed buying guide to help you pick the best life insurance policy according to your needs. Our curated list of the 10 best life insurance policies also offers you a wide range of choices from the top insurance providers in the country.
    Insurance
  • Popular Articles

  • 10 Best VUL Insurance in the Philippines 2022 | Pru Life UK, Sun Life, and More
    10 Best VUL Insurance in the Philippines 2022 | Pru Life UK, Sun Life, and More
    As we have seen how unpredictable life can be in the past few years, VUL insurance has become very popular. It's important to insure your future, and a Variable Universal Life (VUL) Insurance can help give you the security you need. It's a type of life insurance with an added benefitーit builds a cash value because you can invest it in separate accounts like mutual funds.It's one of the most ideal policies for young professionals or for those who want to grow their money and have the chance to enjoy it eventually. To find out your options for the best VUL insurance that you can get, check out our top 10 list below. We also have a buying guide that will teach you all that you need to know to find out which VUL insurance is the right fit for you.
    Insurance
  • 10 Best Car Insurance Policies in the Philippines 2022 | Malayan Insurance, Charter Ping An, and More
    10 Best Car Insurance Policies in the Philippines 2022 | Malayan Insurance, Charter Ping An, and More
    Having car insurance policy is the primary way to monetarily safeguard yourself when owning a vehicle. Every responsible car owner should make it a point to acquire car insurance after getting his or her own car registered. A car accident may happen when you least expect it, and if you’re not prepared, it can cause you agony and a truckload of cash! That is why getting a car insurance can offer you the financial security you need. That way, you don’t have to shoulder the costs out of your own pocket. We list down the 10 best car insurance policies you can avail as well as a buying guide to help you understand how to choose the car insurance policy that’s right for you!
    Insurance
  • 10 Best Life Insurance Policies in the Philippines 2022 | AIA Philippines, AXA, And More
    10 Best Life Insurance Policies in the Philippines 2022 | AIA Philippines, AXA, And More
    Life insurance policies have taken on a new level of importance, especially these past few years. We saw the significance of taking care of ourselves and organizing our finances. That is why life insurance policies are here to be our loved one’s lifeboat in case we kick the bucket. If you’ve been considering getting a life insurance policy, we got you! We have crafted a detailed buying guide to help you pick the best life insurance policy according to your needs. Our curated list of the 10 best life insurance policies also offers you a wide range of choices from the top insurance providers in the country.
    Insurance
  • Popular Item Lists

    Search by Category