Insular Health Care
Insular Health Care (iCare) is a Philippine HMO founded in 1991 offering seven subscription-based health plans for corporate, SME, individual, family, and prepaid members, supported by a 2,000+ hospital and 50,000+ doctor network and a mobile app with telemedicine.
- Company typePrivate
- Founded1991
- HeadquartersMakati, Philippines
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Insular Health Care does
Insular Health Care, doing business as iCare, is a Philippine health maintenance organization founded in 1991 and headquartered in Makati City. The company underwrites and administers a portfolio of seven HMO plans — Corporate (5-1,000+ employees), SME (5-99 employees), Fee for Service, Individual, Family, and Premium (Php 5,000,000 annual hospitalization benefit) — plus a Prepaid HMO card for consumers without annual commitment. Pricing is quote-based, with annual recurring subscription revenue dominating and a usage-based Fee for Service tier. iCare sells primarily through direct enterprise sales, accredited agents and brokers, and self-service digital channels for individual and family plans.
The operational backbone combines a nationwide accredited network of 2,000+ hospitals and clinics and 50,000+ doctors with a member-facing digital platform that includes the iCare Mobile App (LOA requests, reimbursement filing, medicine reminders, wellness tracking) and Telemed7, a 7-minute doctor consultation telemedicine service. Value-added wellness programs — Sleep Better, Better You (chronic disease for diabetes, hypertension, heart health), Better Days (mental health counseling), and Women's Health She Cares — are layered onto core HMO contracts to deepen engagement.
Revenue is generated through recurring employer-paid and individual-paid premium subscriptions with cross-sell into wellness services. The customer base spans IT-BPM/BPO, FMCG, retail, logistics, banking and finance, manufacturing, hospitality, healthcare, and education, with named enterprise customers including Carelon Global Solutions Philippines, a Universal Bank, a Global Healthcare Company, and a Multinational Electronics Company. Leadership is anchored by President and CEO Noemi Azura. The company holds Data Protection Officer accreditation valid through October 2026 and operates exclusively in the Philippines with a Singapore cross-border partnership for its Premium tier.
Insular Health Care firmographics
Firmographics- Name
- Insular Health Care
- Legal name
- Insular Health Care
- Website
- https://insularhealthcare.com.ph
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Insular Health Care (iCare) is a Philippine HMO founded in 1991 offering seven subscription-based health plans for corporate, SME, individual, family, and prepaid members, supported by a 2,000+ hospital and 50,000+ doctor network and a mobile app with telemedicine.
- Ownership category
- akta.pro rank
Insular Health Care industry classification
Industry- Product category
- Health Maintenance Organization (HMO)
- NAICS
- Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Accident & Health Insurance (6321), Services-Health Services (8000)
- akta.pro primary industry
- Individual Health Insurance Administration (TPA/ASO) (FSAIAEAK)
- akta.pro secondary industries
- Membership/Subscription Concierge Virtual Care (HLALAAAH), Virtual Urgent Care & On-Demand Teletriage Services (HLAFADAJ)
Keywords
Where Insular Health Care is headquartered
LocationHeadquarters
- HQ city
- Makati
- HQ country
- Philippines
- HQ region
- Asia
Offices1 record
Markets served
Insular Health Care business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Corporate HMO Plans: Subscription-based HMO membership fees charged to employers for employee health coverage. Plans include Corporate Plan (5-1000+ employees), SME Plan (5-99 employees), and Fee for Service (flexible medical fund-based plan). Revenue generated through recurring annual or multi-year premium payments.
- Individual and Family HMO Plans: Individual and family subscription plans offering self-employed professionals and families comprehensive health coverage with annual hospitalization benefits up to Php 5,000,000 for Premium Plan.
- Prepaid HMO Plans: Pay-as-you-go prepaid health plans offering accessible entry point for those seeking basic coverage without annual commitment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Corporate Plan for 5-1000+ employees with comprehensive HMO coverage and user-friendly portal for benefits management |
| Subscription | Annual | SME Plan for startups and small businesses with 5-99 employees |
| Usage-based | Pay-as-you-go | Fee for Service plan with flexible medical fund instead of set premium |
| Subscription | Annual | Individual Plan for self-employed professionals |
| Subscription | Annual | Family Plan with comprehensive family HMO coverage |
| Subscription | Annual | Premium Plan with Php 5,000,000 annual hospitalization benefits and Singapore partnership |
| Subscription | Pay-as-you-go | Prepaid HMO Plan for accessible entry-point coverage |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Insular Health Care product offering
Product offeringCore offering
Insular Health Care (iCare) is a Health Maintenance Organization that sells health insurance and managed-care plans directly to corporate clients, SMEs, individuals, families, and prepaid customers in the Philippines. Its core offering consists of seven structured plan lines — Corporate, SME, Fee for Service, Individual, Family, Premium, and Prepaid — bundled with wellness programs and supported by a digital layer that includes the iCare Mobile App and the Telemed7 telemedicine service.
Product overview
Insular Health Care (iCare) operates as a Health Maintenance Organization (HMO) offering a portfolio of seven core health insurance products: Corporate Plan (for 5-1000+ employees), SME Plan (for small businesses with 5-99 employees), Fee for Service Plan (pay-per-use model), Individual Plan (for self-employed professionals), Family Plan (comprehensive family coverage), Premium Plan (high-coverage with Php 5M annual benefits and Singapore partnership), and Prepaid HMO (flexible prepaid cards). The products are supported by digital services including an iCare Mobile App (LOA requests, reimbursements, medicine reminders, wellness tracking) and Telemed7 (7-minute doctor consultations). Supplementary wellness programs include Sleep Better Program, Better You Program (chronic disease management), Better Days Program (mental health), Women's Health: She Cares, and Better Together (health education partnership with Mu Sigma Phi).
Differentiator
Problem solved
Functional benefit
Products and services
- Corporate Plan
- SME Plan HMO plan tailored for small and medium enterprises, providing group health coverage sized and priced for smaller workforces.
- Fee for Service Plan HMO plan under which members pay per use/encounter for healthcare services rendered, rather than a flat recurring premium.
- Individual Plan HMO plan designed for individual consumers seeking personal health coverage including preventive, outpatient, and inpatient benefits.
- Family Plan HMO plan that extends coverage to multiple family members under a single subscription, providing healthcare benefits for the household.
- Premium Plan Premium-tier HMO plan offering enhanced benefits and coverage levels for individual or family subscribers seeking higher limits and richer benefits.
- Prepaid HMO Plan Prepaid HMO plan that allows members to access healthcare benefits through a prepaid card format, suitable for users who want flexible, pay-in-advance coverage.
Quantifiable outcome
- Php 46,000 dengue hospitalization bill reduced to Php 3,472 out-of-pocket expense (92% coverage) for prepaid plan member
- +2 more outcomes
Companies that use Insular Health Care
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Insular Health Care technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Insular Health Care partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- St. Luke's Medical Center (BGC and QC)corePremier accredited hospital partner providing high-quality medical services to iCare members at both Bonifacio Global City and Quezon City locations.
- The Medical CitycoreTop-tier accredited hospital providing comprehensive healthcare services to iCare members.
- Asian Hospital and Medical CentercoreAccredited hospital partner offering quality medical care to iCare members.
- Cardinal Santos Medical CentercoreAccredited hospital providing healthcare services to iCare members.
- Carelon Global Solutions PhilippinescoreWellness Program partnership featuring Sleep Better Program for BPO night shift workers. Collaborative initiative addressing health and wellness needs of Carelon employees.
- Mu Sigma PhiminorBetter Together program collaboration promoting better health through education, literacy campaigns, and projects like Project H20 and health-focused films.
- 2,000+ Partner Hospitals and Clinics NationwidecoreExtensive network of accredited hospitals and clinics providing nationwide coverage for iCare members across the Philippines.
- 50,000+ Accredited Doctors and Medical PractitionerscoreLarge network of accredited doctors and medical practitioners providing comprehensive healthcare access for iCare members.
- Accredited Dental NetworkscoreNetwork of accredited dental providers for member dental care coverage.
- Accredited Animal Bite CentersminorSpecialized network of animal bite treatment centers for rabies prevention and treatment.
- Wellness Partners (Lifestyle Partners)minorCollaboration with wellness partners providing lifestyle and health-related benefits to iCare members.
- Singapore Top Health Institution (Premium Plan Partnership)corePartnership with a leading Singapore health institution for Premium Plan members, providing access to international healthcare standards and expertise.
- Janine Gutierrez (Brand Ambassador)minorBrand partnership with actress Janine Gutierrez symbolizing hope, dignity, and courage to say yes to better health.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Insular Health Care competitors and assessment
Company assessmentBroad incumbents
- AIA Philippines: Pan-Asian insurance group with health, life, and wellness products distributed in the Philippines. Competes with iCare for group benefits and individual health riders at the upper-end tier.
- Cocolife: Filipino insurance and HMO provider offering life, accident, and health coverage across individual and group segments. Broader portfolio than iCare but overlaps in health-plan distribution.
- Etiqa Life and General Assurance Philippines: Philippine insurer offering group and individual health and accident plans. Overlaps with iCare's corporate and individual HMO distribution, though broader in life products.
- Sun Life Philippines: Large Philippine insurer offering group health, accident, and life benefits to corporate clients. Comparable to iCare's Corporate Plan business but operates as a broad financial-services incumbent.
Direct peers
- Medicard Philippines: Major Philippine HMO with corporate and individual plans plus a strong network of accredited hospitals and clinics. Comparable to iCare in customer segmentation and product structure.
- Maxicare Healthcare Corporation: Largest HMO in the Philippines offering corporate, SME, individual, and family plans with a wide accredited hospital network. Directly comparable to iCare across product tiers, target segments, and distribution model.
- PhilHealthCare (PhilCare): Established Philippine HMO providing individual, family, and corporate plans with telemedicine and wellness services. Overlaps directly with iCare on plan tiers and digital health capabilities.
- Intellicare (Avega Group): Philippine HMO serving corporate and individual segments with accredited provider network and digital member tools. Competes head-to-head with iCare for enterprise accounts.
Emerging players
- mWell (Metro Pacific Health): Philippine digital health platform offering telemedicine, wellness, and online doctor consultations. Emerging competitor to iCare's Telemed7 service on the consumer virtual-care side.
- HealthNow Philippines: Manila-based digital health and telemedicine provider offering consultations and pharmacy delivery. Competes with iCare on virtual care convenience and consumer digital engagement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Insular Health Care social profiles
Digital presenceInsular Health Care compliance and trust
Trust signalCompliance2 records
Insular Health Care financial estimates
Financial estimateRevenue estimate
Valuation estimate
Insular Health Care leadership team
Management profileNumber of profiles
Profiles1 record
Insular Health Care funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Insular Health Care M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Insular Health Care
What does Insular Health Care do?
Insular Health Care (iCare) is a Health Maintenance Organization that sells health insurance and managed-care plans directly to corporate clients, SMEs, individuals, families, and prepaid customers in the Philippines. Its core offering consists of seven structured plan lines — Corporate, SME, Fee for Service, Individual, Family, Premium, and Prepaid — bundled with wellness programs and supported by a digital layer that includes the iCare Mobile App and the Telemed7 telemedicine service.
Is Insular Health Care a public or private company?
Insular Health Care is a private company. It is classified as unknown and is currently operating.
When was Insular Health Care founded?
Insular Health Care was founded in 1991. It employs 51 to 100 people.
Where is Insular Health Care based?
Insular Health Care is headquartered in Makati, Philippines, in the Asia region.
How does Insular Health Care make money?
Three revenue lines are on record. Corporate HMO Plans are the primary driver. The others are individual and Family HMO Plans and prepaid HMO Plans.
Who are Insular Health Care's main competitors?
Broad incumbents on record are AIA Philippines, Cocolife, Etiqa Life and General Assurance Philippines and Sun Life Philippines. Direct peers are Medicard Philippines, Maxicare Healthcare Corporation, PhilHealthCare (PhilCare) and Intellicare (Avega Group). Emerging players are mWell (Metro Pacific Health) and HealthNow Philippines.
Does Insular Health Care have an API?
No public API is recorded for Insular Health Care.
What industry is Insular Health Care in?
Insular Health Care's product category is Health Maintenance Organization (HMO). Its primary akta.pro industry code is FSAIAEAK, Individual Health Insurance Administration (TPA/ASO), with a secondary code of HLALAAAH, Membership/Subscription Concierge Virtual Care. Its NAICS code is 524114 and its SIC code is 6321.