Aboitiz unit partners with MediCard

CEBU, Philippines — Aboitiz-led digital transformation services provider UBX has partnered with MediCard Philippines, Inc. to democratize health access further in the country while providing greater convenience to members.

Under the partnership, MediCard, a health maintenance organization (HMO) company, will leverage UBX’s end-to-end payment gateway, BUx, and the transact-now-pay-later solution, Splix.

This will enable MediCard to streamline premium payment collections while providing members with more flexible payment options for their healthcare coverage.

“Our collaboration with MediCard represents a significant milestone in our journey of including everyone into the financial landscape. By leveraging each of our strengths — UBX’s innovative open finance solutions and MediCard’s wide network of healthcare partners and affiliates—we are helping make healthcare more accessible and less intimidating to Filipinos,” UBX President John Januszczak said.

Tailored to enhance the customer experience of MediCard members, the partnership aims to provide unparalleled convenience in acquiring health coverage products.

Through BUx, MediCard members can now pay for their coverage through payment channels such as online banking, credit/debit card payments, e-wallets, and over-the-counter transactions.

BUx also has an expansive network of over 50,000 touchpoints, including pawn shops, department stores, and rural banks.

Members may also leverage the insure-now-pay-later solution of UBX called Splix. This provides them greater flexibility in managing their finances without sacrificing healthcare.

“Our strategic alliance with UBX allows us to accelerate our goal of bridging the healthcare gap in the Philippines. With UBX’s innovative digital solutions and our extensive HMO expertise, we are poised to make significant strides in making healthcare more accessible, convenient, and affordable for all Filipinos,” MediCard Chief Executive Officer Julian Mengual said.

UBX is a wholly-owned subsidiary of Aboitiz-backed UnionBank, while MediCard is one of the leading HMOs offering total healthcare services to corporations, SMEs, individuals and families.  — (FREEMAN)