Following its pilot implementation in November 2018, the Hospital Income Insurance Plan (HIIP) was rolled out in all branches in January 2019. By year-end, members who enrolled under HIIP totaled 14,782, resulting in Php3,695,601 premium collections.
Only 31 covered members submitted claims, which required KMBA to distribute Php49,600 in insurance benefits.
Moving forward, the Association will implement the mandatory HIIP enrolment of all members with in-force policy. For its part, KMBA will make sure that claims are settled under the eight-hour claims settlement policy, reckoned from submission of all documents.