Caritas Health Shield Products: Why they scrapped their bestselling products

Why is it that Caritas Health Shield scrapped their best selling products?

Why did Expanded Gold disappear?

How about Expanded Premier and Expanded Prime Plus?

Why were they replaced by inferior products?

Caritas Health Shield's Expanded Gold product was one of the best in the industry. But why the hell is it not their anymore? The simple answer is because:

Caritas Health Shield cannot sustain the products.

The product they had was expensive for their operations and it will really bankrupt them in the long run. They spent their trust funds on lost investments. They purchase real estate that did not give them decent returns. They even have a building that only caritas health shield occupies. They are going the way of CAP. Remember College Assurance Plan? CAP purchased several real estates, built several buildings and generally wasted their money. In the end, they were dissolved.

Caritas is going that way also if they won't change their products. Before they had the following products:

• Expanded Gold


• Expanded Prime Plus


• Expanded Premier

All of these product has been scrapped already. Now they changed it with lower quality offering:

• Max


• Enhanced Core 6


• Enhanced Core 10


• Ultra (3+2)


• Ultra (2+1)


• Supreme


• Kiddie


• Kiddie (3+2)


• Kiddie (2+1)

Here are the health care benefits of most Caritas Health Shield products:

HEALTHCARE BENEFITS
1. Medical Expense Benefits

A. Hospitalization Benefits (in CARITAS accredited hospitals)

• Room & board


• Services of an accredited physician or specialist


• Lab tests, x-ray & other diagnostic procedures


• Use of surgical or medical equipment and facilities namely:
  
  
  
  • Operating room and recovery room, ICU etc.
  
  
  • Administration of anesthesia and/or oxygen
  
  
  • Transfusion of hospital-provided blood products
  
  
  • Dressing, plaster of paris, and other medical supplies
  
  
  • Prescribed drugs/medication while under confinement.
  
  
  
  

B. Out-Patient Services

• Treatment of minor injury or illness


• Minor surgery ( not requiring hospital facilities )


• Eye, ear, nose and throat treatment

C. Emergency Care
D. Special Diagnostic & Lab Procedures

• X-ray, Thyroid Function Test, ( FT3,FT4,TSH)


• Mammography,


• Ultrasound,


• Treadmill test,


• 2d Echo with Doppler


• EMG


• CT Scan


• Nuclear Imaging


• MRI


• Chemotherapy/Radiotherapy


• Hemodialysis


• Cataract extraction


• ESWL


• Colonoscopy


• Gastroscopy


• Other procedures deemed appropriate by Caritas

2. Membership Privileges
A. Out-Patient Services:

• Up to 15 consultations per year


• up to 15 pre/post natal consultations per pregnancy


• up to 6 sessions of physical therapy per year ( 3,000 per year )


• Special Diagnostic & Lab Procedure for Members aged 35 years old and above
  If medically indicate ( up to twice a year for each test)


• Lipid Profile, SGPT, Creatinine


• Uric Acid, Two-Hour Post-prandial Test

B. Annual Physical Exam ( APE )

• Taking of medical history Electrocardiogram ( for 30 y.o and above )


• Medical examination


• Chest X-ray


• Complete Blood Count


• Fasting Blood Sugar


• Urine and Stool Exam


• Pap Smear ( for 30 y.o and above)


• Transvaginal Ultrasound ( for 45 y.o and above )


• Prostate Ultrasound ( for 50 y.o and above )

C. Preventive Health Care

• Periodic monitoring of health problems


• Consultation on diet, exercise and other healthful habits


• Counseling on family planning


• Flu ( Influenza ) and Pneumonia ( Pneumococcal ) Immunization excluding cost of drugs


• Immunization, excluding cost of drugs or vaccines


• Enrollment in company sponsored health seminars


• Consultation with a nutritionist

E. Dental Care ( excluding procedures requiring inhalational or intravenous anesthesia/general anesthesia)

• Up to six ( 6 ) consultations per year


• Semi-Annual oral prophylaxis, after at least three ( 3 )
  months from the date of effectivity of this agreement


• Tooth extraction excluding surgery for impaction


• Temporary filling or recementation


• Treatment of oral, pain and lesions

F. Other Services

• Twenty-four ( 24 ) hours/ Seven days a week telephone assistance


• Discounts on non-covered health services at selected hospitals, clinics, laboratories, drug stores or optical shops


• Up to 8 medical or dental consultations per year for 1 pre designated dependent, who is qualified as such under the SSS Law (RA 8282 )

V. INSURANCE BENEFITS

A. Credit Life Insurance (Paying prd < 70 yrs old )

B. Waiver of Installment due to Disability (Paying prd < 65 yrs old )

C. Term Life (Paying or Bonus prd < 75 yrs old )

D. Accidental Death (Paying or Bonus prd < 70 yrs old )

E. Memorial Assistance Advantage

These are some of the most of features of Caritas Health Shield products.