The Philippines Insurance Commission published first-half 2025 (H1 2025) financial results for the health maintenance organization (HMO) industry, showing healthcare benefits and claims paid rose 19.63% year on year to PHP 36.29 billion. Despite the higher payouts, the sector recorded higher profitability on the back of increased revenues, with net income reaching PHP 1.47 billion. Total revenues increased 21.36% to PHP 47.03 billion, driven by membership fees of PHP 45.79 billion, up 25.23%. Total expenses (including income tax) rose 19.53% to PHP 45.56 billion, with healthcare benefits and claims representing 79.64% of expenses. Financial position indicators showed total assets of PHP 83.91 billion (+21.14%), liabilities of PHP 72.25 billion (+23.88%), and equity of PHP 11.66 billion (+6.57%), while invested assets declined 13.15% to PHP 18.23 billion, which the Commission attributed to the maturity of cash equivalents and a net decrease of 25.87% (PHP 2.51 billion).
Philippines Insurance Commission 2025-08-27
Philippines Insurance Commission reports HMO healthcare benefits and claims payouts up 19.63% to PHP 36.29 billion in H1 2025
The Philippines Insurance Commission released H1 2025 financial results for the health maintenance organization industry, highlighting a 19.63% increase in healthcare benefits and claims paid to PHP 36.29 billion. Despite higher payouts, the sector achieved increased profitability with net income of PHP 1.47 billion, driven by a 21.36% rise in total revenues to PHP 47.03 billion. Total assets grew 21.14% to PHP 83.91 billion, while invested assets declined 13.15% due to cash equivalent maturities.