It can either pay the hospital directly or reimburse the insured for their expenses. How to Get a Health Insurance in the Philippines What is Health Insurance?Īccording to Investopedia, health insurance is an insurance coverage type that is specifically for the coverage of medical or surgical expenses of the insured.Top 8 Health Insurance Companies in the Philippines?.What’s the Average Cost of Health Insurance in the Philippines?.What are the Benefits & Features of Health Insurance.What is the Difference Between Health Insurance, PhilHealth, and HMO?.