AIA Med Assist
Hospital bills? No worries. Save 90% of your hospital bills.
Key benefits
Medical Benefit
Covers your in-patient hospitalization and medical expenses through the MediCard that comes with the plan. With the co-pay arrangement, 90% of the bill is charged to AIA Philippines and you pay the remaining 10%.
Daily Hospitalization Income
Get up to P3,000 for every day you're confined, over the course of a year, to offset income you may lose while in the hospital.
Medical Fund
An investment fund that can help you build your own medical savings over a set period.
Life Insurance Coverage
In the event of death, your beneficiaries receive a lump-sum cash benefit that can go as high as 90 times your basic annual premium.
Waiver of Premium
In the event of total and permanent disability, you no longer pay your basic annual premiums and special top-up payments.
AIA Vitality
A science-backed wellness program that rewards you for staying active and healthy.
Plan details
Don’t let your hospital bill add to your worries. AIA Med Assist helps you focus on your recovery by covering 90% of your in-patient expenses, as well as other medical expenses that can pile up without notice.
It’s a co-pay plan that comes in four different packages to match your budget, with a long-term payment scheme that makes premium payments more manageable.
Medical Benefit
AIA Med Assist covers your in-patient hospitalization and medical expenses through the MediCard that comes with the plan. Because of its co-pay arrangement, 90% of the bill is automatically charged to AIA Philippines, so you only pay the remaining 10%.
Depending on the plan you choose, AIA Med Assist can shoulder up to P4,000,000 a year.
See the MediCard General Exclusions and Limitations.
Daily Hospitalization Income
Get up to P3,000 of Daily Hospitalization Income for every day that you’re confined, over the course of a year, to offset any income you lose while you’re in the hospital. You can focus on getting better instead of worrying about your daily income.
Medical Fund
Besides covering health-related costs, AIA Med Assist also has an investment fund that can help you build your own medical fund. So you’re not only covered for medical emergencies, you can also grow a good amount of medical savings over a set period.
Life Insurance Coverage
In the event of death, AIA Med Assist pays a lump-sum cash benefit to your beneficiaries, which can go as high as 90 times your basic annual premium. This helps ease the financial burden on your loved ones.
Waiver of Premium
In the event of total and permanent disability, you no longer have to pay your basic annual premiums and special top-up payments, so you can focus on more important things.
AIA Vitality
The best way to deal with hospitalization is to avoid it altogether. AIA Med Assist comes with AIA Vitality, a science-backed program that encourages a healthier lifestyle by rewarding you at every step of your fitness journey. It helps you know your health, improve your health and enjoy the rewards, so you can live a healthier, longer and better life.
Sample scenario and estimated quote
Estimated quote for a 30-year-old female. The premiums shown don’t include the AIA Vitality membership fee. For a quote based on your own needs, age and goals, book an online meeting with me.
The quote includes these benefits:
- Life insurance
- Medical Benefit (in-patient care only, covered by MediCard)
- Daily Hospital Income
- Waiver of premium
Frequently asked questions
Do premium payments increase?
Yes. The premium increases every year, by more or less P500 to P1,000 per year, because of the Medical Benefit. This is similar to other HMO providers, whose premiums also increase. The difference is that AIA Med Assist premiums are pre-calculated based on age, while with other HMO providers the premium depends not only on your age but also on how much you use the card. If you use the card many times, your premiums can go up even more.
How many years do I pay?
You pay until age 65. It's similar to the usual HMO cards, where you're covered as long as you're paying.
Is this available for minors?
Yes. The plan is available for ages 0 to 55.
Can I include other family members so they can also use the benefits?
No. This is an individual plan, not a family plan. All the benefits can only be used by the insured person declared on the policy.
How long is the coverage for life insurance and the HMO card?
Life insurance coverage is until age 80, and HMO card coverage is until age 65 only.
What is the maturity benefit?
If you outlive age 80, the full account value of the investment is paid to you as your maturity benefit, and then the plan ends.
Does it cover outpatient care, check-ups or dental?
No. This plan covers only in-patient care, because it focuses on the big expenses like confinement. That's why the plan's minimum coverage is P500,000 per year, going up to P4,000,000 per year, to cover up to 90% of hospital expenses. A traditional HMO usually has a maximum annual limit of P200,000 per year, without insurance or investment.
Does it cover only certain illnesses?
No. The plan can cover up to 90% of hospital bills (subject to inner limits), whether it's a minor or even a major critical illness. It can cover any illness as long as the plan still has remaining annual and lifetime limits.
Does it have an investment?
Yes. It has an investment portion that you can partially withdraw anytime, and you can also use it to pay for the plan itself. If your priority is HMO coverage, this plan is a good alternative, because part of the premium you pay goes to the investment whether or not you use the card.
Does it cover pregnancy-related confinements or procedures?
No. Unfortunately, these are included in the plan's General Exclusions and Limitations.
What is AIA Vitality (formerly Philam Vitality)?
It's a wellness program of AIA Philippines where you earn rewards just by staying active and healthy. As your Vitality membership status goes up from the points you earn (through exercise, check-ups or answering assessments), you can get bigger rewards or a coverage boost on the plan. When you get this plan, you get an upfront additional coverage of 20% for both life insurance and Daily Hospital Income. You can boost this up to a maximum of 50% by increasing your Vitality status.
Book a free online assessment
A video call about your goals and your budget. Free, and no obligation to buy.