The health maintenance organization industry posted a net income of P3.99 billion in 2025 as membership fee collections outpaced benefit payouts, the Insurance Commission reported Wednesday.
Data from the commission showed HMOs paid P74.64 billion in total healthcare benefits and claims during the year, representing 76.5 percent of the industry’s total expenses.
Membership fees amounted to P98.46 billion, lifting total revenues by 24.84 percent to P101.56 billion in 2025.
The regulator said the “positive spread” between revenues and expenses propelled the industry’s net income to grow fourfold from P996.52 million in 2024.
“Recent statistics emphasize the continued improvement in the performance of the HMO industry in 2025, characterized by expanded membership and increased benefits delivered to members,” Insurance Commissioner Reynaldo Regalado said in a statement.
Industry assets grew 17.34 percent to P88.58 billion as of year-end, while invested assets climbed 23.11 percent to P22.60 billion.
Liabilities increased 16.55 percent to P74.67 billion, while total equity jumped 21.82 percent to P13.91 billion.
“This progress not only demonstrates the industry’s commitment to help augment the provision of quality healthcare, but also serves as an encouraging impetus to further strengthen healthcare protection for Filipinos,” Regalado said.
