According to the latest press release by the Philippine Statistics Authority (PSA), the current health expenditure (CHE) in 2022 had reached Php1.12 trillion. In healthcare terms, current health expenditure (CHE) is the total sum of money that a country spends to keep everyone healthy. It includes contributions from the government (PhilHealth), insurance companies (health insurance and HMOs), and what individuals […]
Read moreIn 2021, the Current Health Expenditure (CHE) in the Philippines rose to PHP 1.09 trillion, 18.5% higher than in 2020, based on the Philippine Statistics Authority (PSA). The CHE is the total amount spent by the government, HMO providers, insurance companies, and out-of-pocket (OOP) for health care. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified […]
Read moreUPDATED: April 30, 2021 The Insurance Commission (IC) has released the top 10 life insurance companies in the Philippines in 2019. But among the seven categories, only one of them is widely used. It is not just in the Philippines, but the entire life insurance industry in the world, and that’s “Premium Income.” Ton SuanTon is an electronics engineer, financial […]
Read moreThe Insurance Commission (IC) made a statement on its press release last November 8, 2018, regarding the ranking of life insurance companies in the Philippines. This is based on the respective reported premium income, asset, net worth, net income, and new business income equivalent. Ton SuanTon is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A […]
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