The Government Service Insurance System (GSIS) will soon offer zero-interest Health Maintenance Organization (HMO) financing for government workers.
This was announced last week by GSIS President and General Manager Wick Veloso after the government pension fund signed its first Ginhawa Health Assistance Loan (G-HEALTH) partnership, making HMOor health and hospitalization coverage more affordable through an interest-free loan package payable over 12 months.
The deal signed last July 27, 2026 by Veloso and Maxicare Healthcare Corp. President and Chief Executive Officer Christian Argos in in support of President Ferdinand R. Marcos Jr.’s push to strengthen healthcare benefits for government employees.
The initiative aims to help government employees maximize the P7,000 Medical Allowance granted under Executive Orders Nos. 64 and 95 by providing an easier way to enroll in health insurance without the burden of paying the premium in one lump sum.
Under the proposed program, members may browse, compare, and enroll in health insurance packages offered by accredited Health Insurance Providers (HIPs) through the GSIS Touch mobile application. Once a member selects a preferred plan, GSIS will finance the insurance premium through a 0% interest loan, allowing the cost to be spread over 12 monthly installments.
GSIS President and General Manager Wick Veloso said the ceremonial signing with Maxicare marks the beginning of G-HEALTH, with several more MOA signings with other Health Insurance Providers already in the offing to give members a wider selection of health plans that suit their healthcare needs and budget.
“Quality healthcare should be within every government employee’s reach. Through G-HEALTH, we are making health insurance more affordable by allowing members to pay for their HMO coverage over time without interest, while maximizing the value of their Medical Allowance,” Veloso said.
Initially, the program will be open to regular GSIS members, who may also enroll their qualified dependents under their chosen health insurance package.
GSIS clarified that it will serve as the program administrator and financing intermediary, while participating Health Insurance Providers will remain responsible for delivering medical services, processing claims, and administering members’ benefits.
Around 214,000 GSIS members are expected to benefit from the program’s initial rollout.
G-HEALTH joins GSIS’ growing lineup of Ginhawa programs that deliver the pension fund’s social dividend through practical, member-centered solutions that enhance the financial security and overall well-being of government employees and their families.