29/04/2026
Why chose Kaiser Long-term Healthcare?
Kaiser Long-term Healthcare (LTC), offered by Kaiser International Healthgroup, Inc. in the Philippines, is a unique three-in-one financial product that combines healthcare coverage, life insurance, and investment/savings features into a single, comprehensive plan. It is specifically designed to address healthcare needs during retirement years, unlike traditional short-term HMOs which often stop coverage when an individual retires or changes jobs.
📌Key Features of Kaiser Long-term Healthcare
The plan generally operates in three distinct phases:
1. Saving/Paying Period (Years 1 to 7)
During this phase, the plan holder makes regular payments (premiums) for seven years.
Benefits enjoyed: Members receive basic medical and dental benefits, an annual physical examination, and life insurance coverage.
No pre-existing condition coverage: Pre-existing medical conditions are typically not covered during this initial period.
Waiver of installment: In case of the plan holder's death or total permanent disability, future installments are waived, and the plan becomes fully paid. The plan will be transferred to the first beneficiary if the plan holder die too soon.
2. Compounding/Accumulation Period (Years 8 to 20)
After the 7-year paying period, payments stop, and the accumulated health funds (plus dividends) are invested in mutual funds and continue to grow.
Growing funds: The money earns interest (projected at an average rate of 10% per annum, with a guaranteed minimum).
Expanded coverage: Medical benefits continue, and payment for medical expenses is taken from the growing fund. After the 7th year of coverage, all illnesses, including pre-existing conditions, are covered.
3. Maturity/Long-Term Care Period (Year 20 onwards)
Upon the plan's maturity at the end of the 20th year, the member can access the total accumulated value.
Options upon maturity: The plan holder can withdraw the entire amount as cash, withdraw a portion, or leave the funds invested to continue growing for future lifetime healthcare needs.
Long-term care bonus: If no in-patient hospitalization benefits were utilized during the first seven years, the member may receive a significant bonus (up to 85% of total premiums paid).
Lifetime access: The member has lifetime access to Kaiser's network of hospitals and doctors as long as funds are available in their account.
In Summary
Kaiser Long-term Healthcare acts as a forced savings mechanism for future medical expenses and retirement, offering protection through a blend of an HMO (Health Maintenance Organization), life insurance, and investment. It ensures that individuals have a dedicated, growing fund for healthcare in old age, a time when traditional HMO coverage typically ends.
