UBX Partners with MediCard to Enhance Health Access, Convenience
UBX, the Philippines' driver of digital
transformation in the Philippines, has forged a strategic
partnership agreement with health maintenance organization (HMO) company MediCard Philippines, Inc. to
democratize health access further while providing greater convenience to
members.
Under the partnership deal, MediCard will leverage UBX’s end-to-end payment
gateway, BUx, and the transact-now-pay-later solution, Splix. This will enable MediCard
to streamline
premium payment collections while providing members
with more flexible payment options for their
healthcare coverage.
“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,” UBX
President John Januszczak said.
Tailored
to enhance the customer experience of MediCard members,
the partnership aims to
provide unparalleled convenience in acquiring health coverage products.
Through
BUx, MediCard members
can now pay for their
coverage through payment channels such as online banking,
credit/debit card payments, e-wallets, and over-the-counter transactions.
BUx also has an expansive
network of over 50,000 touchpoints, including pawn shops, department stores, and rural banks.
Members
may also leverage
the insure-now-pay-later solution
of UBX called Splix. This provides them greater flexibility in
managing their finances without sacrificing
healthcare.
healthcare.
“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,” MediCard Chief
Executive Officer Julian Mengual said.
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