UBX, the Philippines' leading driver of digital transformation, has entered a strategic partnership with MediCard Philippines, Inc., a prominent health maintenance organization (HMO). This collaboration aims to democratize health access in the Philippines by providing MediCard members with enhanced convenience and flexible payment options.
Revolutionizing Healthcare Payments with UBX
MediCard will leverage UBX’s innovative financial solutions, specifically the end-to-end payment gateway BUx, and the transact-now-pay-later solution, Splix. These tools will streamline premium payment collections and offer members various payment methods, ensuring a seamless and user-friendly experience.
John Januszczak, UBX President, highlighted the significance of this partnership:
“Our collaboration with MediCard represents a significant milestone in our journey of including everyone into the financial landscape. By leveraging each of our strengths — UBX’s innovative open finance solutions and MediCard’s wide network of healthcare partners and affiliates—we are helping make healthcare more accessible and less intimidating to Filipinos.”
Enhanced Payment Flexibility and Convenience
The partnership is designed to enhance the customer experience for MediCard members by providing unparalleled convenience in acquiring health coverage products. Through BUx, MediCard members can now pay for their coverage via multiple channels, including:
- Online banking
- Credit/debit card payments
- E-wallets
- Over-the-counter transactions
BUx boasts an expansive network of over 50,000 touchpoints, including pawnshops, department stores, and rural banks, ensuring that members have easy access to payment facilities across the country.
Financial Flexibility with Splix
In addition to BUx, members can utilize UBX’s insure-now-pay-later solution, Splix. This innovative solution allows members to manage their finances more effectively without compromising their healthcare needs, offering greater financial flexibility.
Julian Mengual, MediCard Chief Executive Officer, expressed his enthusiasm for the partnership:
“Our strategic alliance with UBX allows us to accelerate our goal of bridging the healthcare gap in the Philippines. With UBX's innovative digital solutions and our extensive HMO expertise, we are poised to make significant strides in making healthcare more accessible, convenient, and affordable for all Filipinos.”
Pioneering Accessible Healthcare
This strategic partnership underscores UBX's commitment to driving financial inclusion and MediCard’s dedication to improving healthcare accessibility. By combining UBX's cutting-edge digital solutions with MediCard's extensive healthcare network, both organizations are set to make substantial progress in making healthcare more accessible and less daunting for Filipinos.