iCare (Insular Health Care)

For 33 years, iCare has been a trusted name in healthcare, providing cost-effective and innovative HMO solutions tailored for businesses. As a fully owned subsidiary of The Insular Life Assurance Company, Ltd. (InLife)—the first and largest Filipino life insurance company—we bring a legacy of financial strength and stability to corporate healthcare. Our commitment to accessible healthcare has driven key innovations, such as the introduction of prepaid sachet-type health plans in 2019, expanding coverage to a broader segment of Filipinos. Through strategic partnerships with leading e-commerce platforms, we have enhanced accessibility and affordability for businesses and employees alike. During the COVID-19 pandemic, iCare set the industry standard by being the first HMO to extend voluntary coverage for COVID-19, despite pandemic exclusions in healthcare agreements. This proactive approach earned recognition from the International Finance Corporation (IFC), a member of the World Bank Group, and secured iCare’s place as a Circle of Excellence awardee at the 2020 Asia CEO Awards for Leadership Team of the Year. Our growth trajectory speaks for itself. From 2018 to 2022, iCare achieved a remarkable 29% compounded annual growth rate, surpassing our five-year growth plan and rising from No. 12 to No. 6 in the industry. In 2023, iCare was recognized by Statista and the Philippine Daily Inquirer as one of the top 25 fastest-growing companies in the country—the only HMO to achieve this distinction. At iCare, we are committed to delivering innovative, cost-efficient healthcare solutions that empower businesses to provide quality care for their workforce. As we move forward, our mission remains clear: to enable Filipinos to achieve better health through strategic partnerships, tailored corporate plans, and a relentless focus on innovation. Let's build a healthier, more resilient workforce together.