MANILA, Philippines — Philippine health maintenance organizations (HMOs) tripled their aggregate profit in the third quarter of 2025. This was attributed to stronger premium collections that offset the impact of higher health-care claims and payouts.
Data from the Insurance Commission (IC) showed that the HMO industry’s net income for the January-September period surged by 204.8 percent to P2.44 billion. This came from P800.9 million in the same period last year.
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Total revenues for the sector jumped 22.5 percent to P73.12 billion. This was largely driven by P71.13 billion in membership fee collections.
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Expenses rose 20 percent to P70.63 billion, mostly due to claims and health-care benefits totaling P54.96 billion. However, revenue growth outpaced the rise in costs, boosting net income.
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“The HMO industry delivered a commendable performance this quarter, as the majority of the companies demonstrated stronger profitability and wider market reach,” IC Commissioner Reynaldo Regalado said in a statement.
“These developments reflect the sustained growth and strengthened financial position of the HMO industry, providing a promising foundation for further innovation, more effective regulation and improved delivery of accessible and reliable health care,” Regalado said. INQ
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