Maria Health

Maria Health is testing a new model for providing health insurance for small businesses in the Philippines. In the country, 99% of companies are small businesses. Many already access the government health scheme – PhilHealth – but often require a more comprehensive cover. Small businesses find it difficult and expensive to get health insurance to cover their employees. Insurers tend to avoid them, as larger businesses with more workers are seen as less risky and are cheaper to service. To make matters worse, many small businesses do not have the expertise to negotiate with providers and often give up during the time-consuming process of collecting quotes. Maria Health's core innovation is to pool small businesses through an online market place. Business owners apply, specify the coverage they would like, and are given full support to enroll their team through the online marketplace. Companies with just five employees then have the opportunity to join an existing pool of companies. Through strategic partnerships with HMO providers, Maria Health is able to extend to these small companies the same quality healthcare, same benefits, and competitive rates to small businesses that normally large companies enjoy.