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Untapped potential in the Philippines as health insurance penetration is low
Yahoo Finance· 2025-10-10 15:04
Medical expenses are spiralling in the Philippines yet most citizens face having to pay out-of-pocket for their treatments as most do not hold health insurance as per a GlobalData survey. There are good opportunities for medical insurers to introduce more adaptable healthcare plans as medical inflation is expected to remain high. According to GlobalData’s 2025 Financial Services Consumer Survey, only 33.9% of Filipinos hold private health insurance; leaving most consumers unprotected when it comes to medic ...