Case Study

25 YEAR-OLD MALE

Case EPPM
Patient

EPPM is a 25 year-old male, single,

Born-again Christian, government office
worker, born on January 15, 1986 at La
Trinidad, Benguet, currently residing at
Abatan, Buguias, Benguet.

Admitted

to SLU-HSH for the first time due

to Acute Gastroenteritis

Chief Complaint
Income

and savings loss due to sickness

History of Present Complaint

3

days PTA, he was out with his friends at a

resort at Asin, Tuba, Benguet. They had grilled
meat and vegetables for lunch with various
fresh fruits on the side. They also had kilawen
as pulutan. They returned to their respective
homes after their outing.

On

the night of their outing, EPPM experienced

severe abdominal pain (8/10) with vomiting
(3x) and LBM (2x, 100mL).

This

prompted consult.

Past Financial History

Prior

to the admission, EPPM had been able

to continuously save around PHP 2,000
monthly in a local savings bank, since he
started working at age 22.
The

rest of his salary goes to helping his

younger sibling in school

He

buys and sells gadgets to augment his

regular income.

Past Financial History

EPPM

has PAG-IBIG and GSIS membership,

along with PhilHealth coverage.

Been

looking for investment options where

he could get higher returns for his savings.

Past Financial History

Currently,

he has limited knowledge about

his options.

He

was offered to invest in an insurance

corporation
thinking

the company was the same as preneed, he declined the offer.

Recommendation
After

settling his medical bills and any

outstanding debts towards his colleagues
(if any), EPPM may choose to invest in a
Special Savings Plan (SSP) through a life
insurance company

SSPs

have the potential to generate 4-80+

% annual interest, depending on his choice
of investment fund

Recommendations
At

PHP 1,511 monthly

He

has an assured sum of money in

cases of total permanent disability due to
sickness or accident (PHP 90,000)

Reimbursable

amount of PHP 1,000 to

defray costs of hospitalization, including
income and savings loss plus take-home
medications

Recommendations
Assured

sum of money when diagnosed with

critical illnesses, including stroke, heart attack,
cancer, and brain tumors. (PHP 90,000)

He

can stop paying at anytime he is diagnosed

to be critically ill or totally and permanently
disabled (but still insured)

Retirement

fund of at least PHP 4.6M, even

with withdrawals of PHP 20,000 at years 10
and 20

Recommendations
EPPM

should be careful to check the

following, as regards choosing a life
insurance corporation
The

performance history of the

corporation
Including

their fund managers

performance

Recommendations
The

total asset under management (to

guard against bankruptcy)

International

performance ranking

Value-for-money

and flexibility of SSPs