As a cooperative, our function is to provide equal opportunity and access for the community. We have different services and benefits that would help individuals get access to chances in becoming financially independent. On the other hand, we also recognized that our members needs not only the existing services and benefits that we offer but also access to holistic well-being. In connection to this, we decided to create a program that would augment their need for access to health.We have heard suggestions from both the staff and the members that the cooperative should facilitate their access to health insurance. We recognize this request, though we understand that health insurance is very expensive for the members.
"MAVENCO CARES THROUGH MAVCARE"
Thus, MAVENCO gave birth to MAVCARE. MAVCARE is not a health insurance but a health benefit for the members. The general concept of the program helping each other in times of health need. The overview of the program is shown below. MAVCARE will meet the needs of the members for health assistance and as soon as we observe that the operation of the program is successful we will be improving the benefits. MAVENCO is constantly looking forward for innovations towards the betterment of the community. Together we will make a difference through cooperation. As cooperative we always aiming for the welfare of our members. With MAVCARE, we can realize our goal to be the most outstanding cooperative from womb to tomb.
HOW DOES THIS WORK?
The benefit will cover
Regular and Associate members - Php 20,000.00 per annum
MyLab Coop members - Php 10,000.00 per annum
This will be based on the Hospital Bill after all other deductions like Phil health and private insurances.
The benefit can be availed multiple times until the maximum amount is maximized.
The amount will come from the contribution of the members as a support to a coop members who will be hospitalized.
Example : The amount Php20,000.00 divided by all MAVCARE eligible members.
Total amount disbursed : Php20,000.00
Total of MAVCARE members : 4,000
Individual Contribution : Php5.00
MyLab Coop members are excluded from the contribution.
Only Applicable for health illness. (exception : Plastic Surgery, Cosmetic Procedure, Delivery)
MAVENCO Will advance the payment to the member or hospital to facilitate av ailment.
Replenishment will be done through collection from MAVCARE members for their contribution.
If a MAVCARE member was unable to make contribution during collection, the amount shall be deducted from his/her SHSD.
WHEN AND HOW CAN I BECOME A MEMBER?
Acceptance of application will start.If member doesn't have a cash on hand
WHAT ARE OTHER MEANS THAT CAN HELP ME COME UP WITH THE INITIAL AMOUNT?
Loan releases, Patronage refund, Dividend
WHAT CAN I GET FROM MAVCARE?
|OUTSTANDING BALANCE||MAXIMUM COVERAGE|
|=>Php 200.00||Php 20,000.00|
|<Php 200.00 BUT =>Php150.00||Php 15,000.00|
|<Php 150.00 BUT =>Php100.00||Php 10,000.00|
|<Php 100.00 BUT =>Php 50.00||Php 5,000.00|
|FOR AFLATOUN||FOR AFLATOUN|
|Php 50.00||Php 10,000.00|
|<Php 50.00||Not Eligible Anymore|
Requirements needed for the release of the assistance:
1. Hospital Bill
2. Medical Certificate
3. Mavenco I.D or Any valid I.D