MANILA, Philippines—Hive Health, a 2021 insurtech startup founded at Harvard and Stanford Universities, has advanced its mission to enhance healthcare access in the Philippines through the acquisition of Health Plan Philippines, Inc. (HPPI), a leading Health Maintenance Organization (HMO) service provider.
Camille Ang, CEO of Hive Health, highlighted the acquisition as a significant milestone, emphasizing the startup’s commitment to making healthcare more accessible for Filipinos and providing employers with sustainable participation in achieving this goal.
Image Courtesy of Hive Health.
This strategic move enables Hive Health to share its technology and data-driven innovations with HPPI’s members, integrating the HMO’s extensive provider network and institutional knowledge to redefine patient experiences across virtual and in-person care.
Natasha Reyes, CEO of HPPI, expressed excitement about the partnership, noting Hive Health’s ability to rapidly deliver changes for improved patient experiences and its genuine dedication to healthcare accessibility.
Image Courtesy of Hive Health.
As a full-stack digital health insurer, Hive Health offers comprehensive HMO health plans for SMEs and startups, covering outpatient, inpatient, emergency, and dental care through a vast network of 1,700 hospitals and clinics, and over 60,000 doctors nationwide.
Jiawen Tang, President and Co-Founder of Hive Health, outlined the company’s mission to leverage technology and data, making quality healthcare more affordable and user-friendly, especially for the underserved SME segment.
Hive Health’s digital platform empowers patients to manage care effortlessly, offering services such as quick letter of approval requests, plan benefit views, provider location finding, annual exam scheduling, and medical record access—all accessible via phone or computer. Members benefit from fast out-of-network reimbursements and exclusive wellness perks.
Image Courtesy of Hive Health.
Tang highlighted the vertically integrated telehealth and care coordination model, facilitating on-demand video teleconsultations with Hive doctors and enabling accurate diagnoses and timely access to care.
Dedicated to inclusivity, Hive Health supports minorities like LGBTQIA+ and domestic partners, providing essential benefits such as mental health, medicine, preventive care, and maternity care. For small business owners and HR managers, Hive Health’s HR dashboard simplifies onboarding, offboarding, invoicing, and engagement initiatives, streamlining administrative tasks and promoting employee wellness.
Pioneering a Healthcare Revolution
Image Courtesy of Hive Health.
Born from personal experiences and inspired by the challenges posed by the COVID-19 pandemic, Hive Health’s founders, Ang and Tang, aimed to revolutionize healthcare accessibility and affordability in the Philippines. Frustrated by existing health plans’ limitations, they embarked on transformative changes during their dual MBA and MPA in International Development degrees at Harvard and Stanford.
Discovering alarming realities, such as over 1.5 million Filipinos falling into poverty yearly due to health shocks and less than 10% having access to health plans beyond PhilHealth, Ang and Tang, supported by prestigious institutions and venture capital firms, initiated their mission in 2021. Hive Health’s impact is evident in SMEs, with InvestEd’s CEO praising its patient-first approach and efficient in-app features, saving both time and money.
With an unwavering commitment to universal healthcare access, Hive Health strives to ensure every Filipino employee receives optimal care through their groundbreaking health plans.