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Home»Banking & Finance»A Home that Cares: Home Credit extends HMO Coverage to Domestic Partners to Strengthen Inclusivity Efforts
Banking & Finance

A Home that Cares: Home Credit extends HMO Coverage to Domestic Partners to Strengthen Inclusivity Efforts

Team OrangeBy Team OrangeAugust 9, 2023No Comments3 Mins Read
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As Home Credit Philippines (HCPH) continues to foster inclusivity and support diverse families in the workplace, the leading consumer finance company now includes domestic partners as dependent in its medical benefits program for eligible employees.

Home Credit Philippines Chief People Officer Alpha Omega Aquino noted that this new policy is aligned with the company’s commitment to prioritizing the well-being of its employees.

“With this initiative, we hope to create an environment where every employee feels supported and valued. We want to help promote a caring and nurturing work culture that feels like home to empower our employees further,” said Aquino.

With this new policy, qualified employees can now extend their HMO coverage to their domestic partners if they meet certain criteria. The employee and domestic partner should be both single and never married and not related by blood, whether legitimate or illegitimate. The partner must also be of legal age and not more than 65 years old.

If eligible, the employee can enroll the partner by submitting the following requirements for the medical benefits program: barangay certification of co-habitation, the partner’s Philippine Statistics Authority (PSA) certified copy of a birth certificate, and PSA certificate of no marriage (CENOMAR).

“By extending our medical benefits program to domestic partners, we aim to enable our employees to build strong and healthy families, regardless of marital status. The coverage will encompass inpatient and even outpatient services, including checkups, laboratory tests, rehab, therapy, emergency care, dental, mental health care, and pre-existing conditions,” Aquino added.

As a strong advocate of Diversity, Equity, and Inclusion (DEI), this initiative complements the Same-Sex Partner HMO Coverage that Home Credit started to offer its employees in 2021 to provide medical benefits to LGBTQIA+ partners. Currently, the company already has several employees enjoying this benefit.

“At Home Credit, we believe that our employees are our greatest asset. We remain committed to fostering a workplace that promotes DEI, allowing us to embrace different perspectives and backgrounds to make every employee feel welcome and appreciated. We will continue enhancing our programs for our employees as we believe our success will not be possible without them,” Aquino remarked.

As a testament to Home Credit’s commitment to upholding DEI practice, the company recently received another Gold Stevie® for the Innovative Achievement for Diversity and Inclusion category during the tenth annual Asia-Pacific Stevie Awards last June.

Home Credit Philippines is a financing company duly licensed and supervised by the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP).

Alpha Omega Aquino home credit philippines
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