The IC’s report, which assessed 28 licensed HMOs nationwide, highlighted Intellicare’s strength across financial performance, claims management, and healthcare efficiency, underscoring its resilience and commitment to sustainable growth.
High claims payout reflects member commitment
During the same period, Intellicare disbursed P9 billion in health benefits and claims, one of the highest in the sector, reflecting its strong liquidity and focus on timely member support.
The company’s total assets reached P17.3 billion, backed by an asset-to-liability ratio of 1.13x, signaling robust financial health and capacity to meet obligations.
Affiliate contributions strengthen group performance
Intellicare’s affiliate, Avega Managed Care, Inc., also posted positive earnings, contributing to a 45 percent combined share of the HMO industry’s total net income under Asalus Corporation (Intellicare) and its affiliates.
“As we prepare to mark 30 years, Intellicare remains committed to integrity and sustainability in every aspect of our operations,” said Jeremy Matti, president of Intellicare, in a statement. “Our financial leadership enables us to continue delivering high-quality healthcare access to Filipino families.”
Sustained expansion and digital innovation
With a capital stock of P1 billion, Intellicare continues to operate on sound actuarial principles and a patient outcome-based model. The company now serves over 1.2 million members nationwide through a network of 69,000 doctors and specialists.
In line with its digital transformation strategy, Intellicare leverages innovations such as the AGORA app and automated systems to make healthcare services more efficient and accessible—further solidifying its position as a trusted partner in healthcare management. —Ed: Corrie S. Narisma
