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Insurer’s pandemic coverage pays over P57 million

Pacific Cross Philippines has provided more than P57 million worth of medical assistance to clients who were afflicted by COVID-19. The insurance firm has been providing coverage for COVID-19 since March 2020, superseding its standard exclusion on pandemics for medical plans.

Insurer’s pandemic coverage pays over P57 million

Patients can incur large expenses for getting hospitalized when availability of a treatment for a disease is uncertain. Epidemics and pandemics are normally excluded from medical insurance coverage for this reason.

“We have always thought of Pacific Cross as an instrument in aiding our clients especially in these trying times. We want to be a reliable and trusted ally for our customers. We will continue to be here for our clients by providing support to them when and where we can,” said Pacific Cross president and chief executive Daniel Daly on why they decided to provide coverage for COVID-19.

As of January 2021, Pacific Cross Philippines assisted over 400 clients affected by COVID-19 and has paid over P57 million in medical claims.

The Department of Trade and Industry reported a 41-percent increase in business registrations in 2020. Because a healthy team keeps operations running smoothly, it is necessary for businesses, regardless of size, to provide medical protection to their workforce.

PCPH makes this possible for micro, small, and medium-sized businesses with their BC Flexi Access Plans. On top of in-patient and out-patient benefits, the plans also provide emergency benefits, worldwide emergency assistance services, and levels of coverage for pre-existing conditions, including congenital conditions (depending on the plan). 

BC Flexi Access also provides convenience in seeking medical treatment with no cash-outlay availment for covered benefits using Pacific Cross’s accredited network. These plans cover COVID-19 as with their other medical insurance plans.

PCPH also helps individuals earn high commission rates, undergo sales trainings, and receive incentives by selling Pacific Cross Medical Plans. They have over 700 direct tied agents, licensed independent agents, and financial planners.

Topics: Pacific Cross Philippines , COVID-19 , Daniel Daly , BC Flexi Access Plans
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