Country of Operation
SummaryCARD offers voluntary, group hospitalization insurance covered by PhilHealth. The health insurance scheme is implemented using a partner-agent model.
CARD provides voluntary, group hospitalization insurance covered by PhilHealth.
Key program components
The scheme provides a loan to cover the US$26 annual premium so that clients may pay for their coverage in small, weekly installments and thereby be assured of continuing coverage. The premium is US$26 per year and is paid through a loan at 24% interest over 50 weeks (as of June 2010). The resulting payment of about $.60 per week is added to the member’s regular business loan and savings deposit payment, which is made to a single CARD Account Officer who visits the clients’ meetings on a weekly basis. CARD gives loans to cover premium costs for a PhilHealth plan; when CARD reaches certain thresholds they receive a 9.7% discount from PhilHealth (must enroll 85% of groups of 4,000 and above).