ANGELES CITY -- Despite the ongoing union strike, Holy Angel University (HAU) has renewed its health/hospitalization insurance for all regular faculty and employees plus two dependents until September 15, 2014.
The chosen insurance provider, Medocare Health Systems Inc. provides every HAU regular faculty/employee plus dependents (spouse, children under 26 years old, parents under 66 years old) the amount of P110,000 per illness per member per year, which means a family of three can potentially get maximum coverage amounting to P330,000 for one illness. If they get hospitalized again for another illness in the same year, they get another coverage of up to P330,000, until the next illness.
Faculty and employees can use their health and hospitalization insurance in all accredited hospitals in the country, including major hospitals like St. Luke's Medical Center, Makati Medical Center, Asian Hospital and Medical Center, The Medical City and Cardinal Santos Medical Center.
The insurance coverage provides for accommodation in large private rooms and covers a wide range of medical treatments and diagnostic procedures, including dialysis, lithotripsy, laparoscopic cholecystectomy, pre-natal and post-natal consultation with accredited Ob-Gyne, etc., subject to evaluation by the insurance provider.
The decision to renew the contract with Medocare was made by a joint committee composed of HAU administrators and officers of the HAU Teachers and Employees Union (Hauteu), after a series of meetings held recently.
The health/hospitalization insurance is only one of numerous benefits enjoyed by HAU faculty and employees.
Others include Christmas bonus equivalent to a full-month salary on top of their 13th-month pay; full two-month vacation pay (April and May) for regular faculty members whether they teach or not in summer, plus summer teaching pay; 95 percent tuition discount in college and graduate school for regular faculty and employees, their spouse and four children, and 90 percent tuition discount for the same in high school; P10,000 and P5,000 welcome gift for newborn baby (caesarian and normal delivery, respectively); P40,000 death benefit; P7,000 bereavement benefit.
Aside from these, the employees also enjoy retirement benefit amounting to 100 percent and 60 percent latest monthly salary multiplied by total number of years of service (for mandatory and optional retirees, respectively); P30,000 and P15,000 dissertation and thesis grants, respectively; life insurance of P100,00 and accident insurance; de-loading of six to nine units with pay for one semester for faculty undertaking research; monthly rice subsidy; uniform allowance; service awards; birthday gift; Foundation Day bonus; study leave with full pay; P10,000 tuition fee assistance for faculty enrolled in Manila; P10,000 study loan for graduate studies; P20,000 board review loan; and the usual Social Security System, PhilHealth, ECC, Pag-Ibig, and others.