In 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) shouldered by Filipinos for health care.
8.7% or more than 4 million Filipinos are unemployed as of April 2021. On the other hand, the underemployment rate rose to 17.2%, equivalent to 7.45 million. The growing need for life insurance, especially during this pandemic, opens great opportunities to unemployed and underemployed Filipinos.
Inflation is shooting up. The pandemic is far from over. At this time, investors are looking for stable investments. It’s not all about the return, after all. We must also protect our capital. It is why we have seen tremendous growth in the number of investors in MP2.
Whether you’re an employee or a self-employed individual, it’s vital to have an SSS online account to check your membership, contributions, and claims. Luckily, registering for an SSS online account is now easy and convenient, thanks to the agency’s online registration system. In this blog post, we’ll guide you on how to register an SSS account online.
In our first blog, ultimate guide in Pag-ibig MP2, you learned the advantages and disadvantages of investing in Pag-ibig MP2. Firstly, in the next article, we will discuss the comparisons of Pag-ibig MP2 when done monthly, annually, or through a one-time investment. Secondly, we will delve into the nitty-gritty of numbers and discuss how to compute Pag-ibig MP2 dividends. Without a doubt, I know you are ready to know the 5 strategies to maximize Pag-ibig MP2.
With inflation in the Philippines reaching 8.7%, many Filipinos are feeling the pinch when it comes to their day-to-day expenses, including grocery shopping. In this article, we’ll share five tips on how to save money on groceries in the Philippines, which can help Filipinos make the most of their hard-earned money.
Investing in the Philippine stock market can be an exciting way to grow your wealth. But it can also be confusing and overwhelming for beginners. With so many options and variables to consider, it’s essential to educate yourself before making any investments. In this article, we’ll teach you how to invest in the stocks, so you can start building your portfolio with confidence.
Here are the three things you to look at when investing: stability, liquidity, and return. What’s good with Pag-IBIG MP2 is that it has all these three components. In 2020, for example, when the world was panicking about the COVID-19 pandemic, Pag-IBIG declared a dividend rate of 6.12%. You must have a partner in this fast-paced environment that can help you analyze, strategize, and track your investment. Thus, we created the Pag-IBIG MP2 calculator to serve as your partner.
According to the Philippine Health Insurance Corporation (PhilHealth), the average cost of hospitalization in the Philippines increased by 9.72% from 2015 to 2018 Meanwhile, the typical hospital stay reached PHP 25,000 in 2018. The cost of medical services and treatments has also increased. At the same time, the consultation fee with a specialist rose by 11.1% over the same period.
As a millennial, I never thought about life insurance. My mindset back then was different. I’m still young and healthy, so I don’t need it yet. Just like you, I’m living the now; millennials call it YOLO (You Only Live Once), and others call it “carpe diem” (seize the day). But whatever term we use, what’s certain is that we are just focusing on the present and little about what’s going to happen in the future, right?
Today, I’ll be sharing a comprehensive review of Sun Maxilink Prime. It is one of the best-selling life insurance and investment plan from Sun Life. However, it may not be enough to convince you. So you ask yourself, “Is this the best plan for me?”
So here are a few reasons why it is the best plan for you.
DISCLAIMER: This website reflects only the views and opinions of the author, Federico Suan, Jr., and is not part of any official communication tools of any life insurance and investment company. The author has no responsibility against the comments posted by visitors. Necessary actions will be done accordingly as the website has no intention to malign its readers from factual information. Constant efforts is done by the author to bring precision in every post.