The transition aligns with InLife’s strategy to streamline its portfolio and focus on its core businesses in life insurance and corporate solutions nationwide.
Founded in 1991
iCare HMO was established in 1991 as a wholly owned subsidiary of InLife. Over the years, InLife supported the modernization of iCare HMO’s core systems, digital platforms, and operational capabilities.
These initiatives strengthened the organization’s efficiency and financial performance, helping iCare HMO improve its industry standing.
Rising in ranks
From 12th place in 2018, iCare HMO climbed to 6th among HMOs in 2023, reflecting sustained improvements in profitability, service delivery, and operational discipline.
The company’s strong performance also attracted foreign investors, leading to a partial acquisition in 2023.
New organizational DNA
Building on this momentum, iCare HMO adopted a new organizational DNA that blends Singaporean efficiency and discipline with Filipino tender loving care.
This approach has strengthened the company’s ability to deliver sustainable and affordable healthcare solutions amid rising medical costs and accelerating medical inflation.
Focus on access
“Our mission at iCare HMO is clear: to enable Filipinos to say yes to better health,” said Geronimo V. Francisco, president and CEO of iCare HMO.
“At a time when medical inflation continues to put pressure on families and employers, we remain focused on delivering thoughtfully designed and cost-efficient healthcare solutions that make quality care accessible and sustainable,” he added.
Serving Filipinos today
Today, iCare HMO serves more than one million members nationwide, supporting employers and individuals with flexible, people-centered healthcare plans.
As it builds on its 35-year foundation, iCare HMO remains committed to innovation, accessibility, and meeting the evolving healthcare needs of Filipinos. —Ed: Corrie S. Narisma
