FACT # 1: Hospitalization due to accident or illness entails expense. Such expense can be addressed through HMO coverage which offer a cashless facility when availing of medical services in accredited hospitals.
FACT # 2: Hospitalization due to illness or accident results into
loss of income. While confined in the hospital, you are unable to go to work. It will not only affect your productivity but also your income.
GOOD NEWS # 1: HMO Coverage is no longer generally seen as a fringe benefit by companies. Most organizations nowadays consider it a necessity for their employees. HMO coverage however
DOES NOT include coverage for
loss of income.
GOOD NEWS # 2: It is now possible to address the need to protect one from income loss in case of hospitalization.
GOOD NEWS # 3: It is now possible to extend health insurance coverage up to age 100.
The infographic below will show you more good news: