HMO

HMO (health maintenance organization plan) — private prepaid health coverage (₱20k–60k/yr for solid individual plans) that absorbs hospital bills PhilHealth only partially covers. In the PH order of operations it sits in the protection rung, ahead of all investing: one dengue confinement can otherwise erase an emergency fund and force the exact liquidation the FOO exists to prevent.

First used in: 1.2 · The PH order of operations