Published: January 29, 2021 | Updated: January 31, 2021 | Posted by: Rouselle Isla | Personal Finance
Isn’t it ironic that most health insurance companies end their coverage when you reach the age of 65? But at 65, you start to feel different aches and pains in your body. You’re also not earning as much as you used to. And this is why when you’re a senior citizen, you need health coverage more than ever.
But that’s the sad reality for many senior citizens. They end up paying for checkups, hospital confinements, and surgeries with their own money. It may be hard to find a health card for senior citizens that will provide health coverage and medical benefits. But thankfully, there are still great options available.
As senior citizens become more prone to illnesses and injuries, health cards should also offer better medical benefits. If you’re looking for an HMO for senior citizens, we have rounded up a few in this article.
Table of Contents
HMO stands for Health Maintenance Organization. It’s a network or organization that provides health insurance coverage for a monthly or annual fee.
Premiums for HMO health cards are usually paid on a monthly or annual basis. Also, you can only receive services or get consultations from doctors within the HMO’s network.
For example, you don’t need to pay consultation fees if you consult with an accredited physician. However, you’ll need to pay if you consulted an unaccredited doctor. The same applies when you go to a clinic or hospital that’s not affiliated with your HMO.
Premiums for HMO health cards are usually paid on a monthly or annual basis by the employer. In addition, you can only receive services or get consultations from doctors within your HMO’s network. With your health card, you can also avail inpatient and outpatient services, surgeries, and laboratory tests.
For senior citizens, you can get a prepaid health card. Just pay for the card and activate it. You can enjoy the benefits for one year or until you use up the package.
Health insurance, on the other hand, offers more benefits and more access to healthcare organizations or networks. As this is not shouldered by employers, you will need to pay health insurance premiums on a voluntary basis.
Depending on the illness, the cash benefit is also bigger compared to HMOs. Where HMO’s coverage usually ends at age 65, health insurance can provide coverage until age 100.
Usually, there are three things you need to do to get a health card for a senior citizen:
Prepaid health cards are usually valid for one year from the date of activation. Some health cards also require a few days before you can avail of the medical benefits.
You never know when you’ll get ill or suffer an injury. So give yourself peace of mind and health protection. Check out these affordable health cards that can be useful for senior citizens for consultations and medical emergencies.
This is a prepaid health card for senior citizens 60 years old and up. It offers coverage for one year and includes pre-existing conditions.
The MediCard RxER offers preventive and outpatient care services for senior citizens. There is no age limit and no medical check-ups required. Just show your MediCard RxER at any Medicard clinic.
Senior citizens who want to enjoy free consultations can benefit from PhilCare Vida Care CORE. This is a prepaid HMO for senior citizens in the Philippines aged 60 and above.
This health voucher offers 1-year unlimited consultation services for senior citizens 65 years old and above. Consultations should be with PhilCare-accredited doctors and dentists.
If you’re looking for an HMO for a senior citizen, you can also consider Vida Care PREMIER. This health voucher offers unlimited medical and dental consultations. It also offers unlimited laboratory and diagnostic procedures for senior citizens 60 years old and above.
This health insurance for senior citizens offers preventive health services and diagnosis. When you get sick, you can also receive treatment and rehabilitation benefits. Issue age is from 50 to 70 years old, and coverage is until age 100.
With Paramount Direct’s Prime Care Cash Plan, you can simply focus on getting better. This is a health insurance in the Philippines for senior citizens aged 50 to 75. It’s a hospitalization plan with coverage of up to 80 years old.
This hospitalization plan is for people aged 50 to 74 years old. It offers financial assistance for long-term hospital confinements.
This is a medical insurance plan for senior citizens 65 years old and up. It’s renewable up to age 100. With this plan, you can reimburse medical charges and enjoy 10% co-payment. This means that Pacific Cross will shoulder 90% of the approved claim amount.
This health plan from Kaiser is designed to address the medical needs of senior citizens aged 60 years and above.
Under the Expanded Senior Citizen Act, PhilHealth coverage for senior citizens 60 years old and above is mandatory. Whether you’re a lifetime member or automatic member, all senior citizens can claim PhilHealth benefits.
Note: In case of hospital confinement, you can use both your health card or health plan with your PhilHealth benefits to save on medical bills.
With a health card, senior citizens can enjoy zero or low out-of-pocket medical expenses. You can pay premiums with payment modes that suit your budget and choose a health package that’s right for your needs.
Furthermore, prepaid health cards can be purchased easily. And once you activate it, you can already enjoy the benefits for a year.
Health cards are also affiliated with a whole network of healthcare providers. This means that you can take your pick on who will provide your medical care.
Most prepaid health cards also don’t require check-ups and interviews. This means that even if you have a pre-existing condition, you can still get health coverage.
Although there are not a lot of health cards for senior citizens in the Philippines, the options on this list are still quite good. Suffice it to say, getting sick and being confined in the hospital is no laughing matter. Especially when you think about how much you will pay for your medical bills.
As a senior citizen, there may be things you can no longer afford. But your health should not be something that you should skimp on. Invest in a good health product that will ease your worries and help cover medical costs. If you don’t prepare for medical emergencies, you can truly be just one hospitalization away from poverty.
Aside from taking care of your health, getting a health card is the next best thing. Especially if you’re not getting any younger!
Sources:  Health Maintenance Organization (HMO) (Investopedia, 2020)
Rouselle is a quirky midlifer who loves the hustle of writing. She is also passionate about books, food, and film. When not busy typing away on her laptop, she’s busy collecting life moments and indulging in guilty pleasures. Follow Rouselle on Linkedin.