Hive Health, a digital health insurance startup founded at Harvard and Stanford Universities in 2021, has made a significant leap forward in transforming healthcare access for Filipinos with its acquisition of Health Plan Philippines, Inc. (HPPI), one of the pioneering Health Maintenance Organization (HMO) service providers in the country.
With this strategic initiative, Hive Health can share its technology and data-driven innovations with HPPI’s existing members. Moreover, it will be able to integrate HPPI’s nationwide provider network and institutional knowledge built across 37 years with its core capabilities to redefine the patient experience further across virtual and in-person care.
“We have just begun the hard work of making healthcare radically more accessible. The goal is for all Filipinos to feel secure that their health is taken care of, and to give employers a sustainable way to take part in making that happen,” stated Camille Ang, Co-Founder and CEO of Hive Health.
As a full-stack digital health insurer, Hive Health offers hassle-free, comprehensive HMO health plans for SMEs and startups, encompassing outpatient, inpatient, emergency, and dental care through an extensive nationwide network of 1,700 hospitals and clinics and over 60,000 doctors nationwide.
Hive Health’s digital platform is designed to make healthcare management simple and hassle-free for patients and their dependents. With this platform, patients can perform several tasks, such as requesting letters of approval, accessing medical records, viewing plan benefits, scheduling annual physical exams, and finding nearby healthcare providers, all from their phones or computers.
The platform also offers fast out-of-network reimbursements within 3-5 days and exclusive wellness benefits for members. This means that patients can skip hospital long queues, save time and effort, and take control of their healthcare needs.
The company is committed to promoting inclusivity for minorities, such as LGBTQIA+ individuals and domestic partners while offering essential benefits like mental health, medicine, preventive care, and maternity care.
Hive Health’s HR dashboard simplifies onboarding/offboarding and streamlines invoicing for small business owners and HR managers with limited bandwidth. It empowers HR to encourage engagement and wellness.
“We started Hive Health with the mission to make healthcare more accessible in the Philippines and in many other developing countries where social safety nets are capped. Our goal is to leverage tech and data to make quality healthcare more affordable and easier to use, especially for the underserved SME segment,” said Jiawen Tang, President and Co-Founder of Hive Health.