ACCUMULATION PERIOD (Year 1 to Year 7)

This is called the Accumulation Period because it's the only time you will be paying for the policy.

You will only need to pay for a Kaiser plan for seven (7) years. You can also choose to pay monthly, quarterly, semi-annually, annually or even spot-cash.

During this period, you will have the following benefits:

• FREE Annual Physical Exam (APE)
• FREE Dental benefits
  
• Waiver of installment upon death or disability
  
• Basic Medical benefits (similar to having an HMO health insurance)
  
• Member’s choice of room and board (depends on the plan)
  
• Annual Benefit Limit (at least P50,000 per year, depends on the plan)
  

• Term Life Insurance (amount benefit depends on the plan) 

• Accidental Death and Dismemberment benefits 

• Lifetime network access to over 500 hospitals and 1,000 doctors (as long as you have funds)

EXTENDED PERIOD (Year 8 to Year 20)

During this phase, you have completed all the payments and all you have to do is wait and let the plan reach its 20th year (maturity) at this point your will have a starting cash value that you can also use for your medical expenses. The money is invested in government and corporate bonds, which are expected to yield 7-10% compound per year.

Comparison to other providers: during this period, the Kaiser plan is still there for your short-term healthcare needs. The money is still growing at this stage and it is at this period when the Kaiser plan starts to step-up and be more competitive with the other healthcare providers.

• Term life Insurance (up to age 75) with accidental death and dismemberment riders.
• Accumulation of unused Health Benefits at 7-10%.
  
• In-Patient and Out-Patient Hospitalization Benefits subject to remaining member accumulated fund.
  
• Accumulation of unused Health Bonus at 3-13%.
  

MATURITY / LONG-TERM CARE PERIOD (Year 21 onwards)