Leading HMO in the country, Intellicare, continues to demonstrate its commitment to healthcare management and sustainable growth, emerging as the No. 1 Health Maintenance Organization (HMO) in the Philippines with P503M net income, based on the Insurance Commission (IC)’s 2025 Second Quarter report.
Assessing the performance of 28 licensed HMOs nationwide, the report reveals that Intellicare has shown great strength across key performance indicators, including financial discipline, claims efficiency, and optimized healthcare delivery.
The firm also disbursed one of the highest health benefits and claims during the same quarter, amounting to P9 billion, demonstrating Intellicare’s strong commitment to providing timely support for its members.
This growth builds on Intellicare’s strong performance in the first quarter of 2025, contributing significantly to the HMO industry’s overall recovery compared to the same period in 2024. Currently, Intellicare’s solid financial position is reflected in its total assets, which stand at ₱17.3 billion with an asset-to-liability ratio of 1.13x.
Its sister company, Avega Managed Care, Inc., likewise reported a positive net income for the same period, contributing to a 45% combined share of industry net income for the 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. Our continued leadership in financial performance allows us to deliver high-quality healthcare to employees and their families, ensuring that healthcare access remains a cornerstone of Filipino families’ security and well-being,” said Jeremy Matti, President of Intellicare.
With a capital stock of one billion pesos, Intellicare consistently operates on sound actuarial principles, fair pricing, and a patient outcome-based model, enabling the HMO provider to maintain long-term viability while expanding access to healthcare services for members.
Democratizing healthcare has also been at its core, with its continued strategic partnerships and linkages that add value to its robust operations.
Intellicare’s quality and holistic healthcare has covered over 1.2 million members, with more than 69,000 affiliated doctors and specialists nationwide. It also continues to embrace innovation and digital transformation amid the evolving industry landscape by making healthcare services more accessible through its AGORA app and automated processes, among others.
