KonsultaMD, Healthway Partner to Provide Healthcare Services for Over 12,000 LANDBANK Employees
Key Takeaways
- •KonsultaMD and Healthway Medical Network have partnered to deliver medical consultation services to more than 12,000 LANDBANK employees.
- •LANDBANK staff can use the KonsultaMD application to schedule annual medical examinations and consult physicians about their test results and recommended follow-up care.
- •The program grants employees round-the-clock access to licensed general practitioners, along with mental health consultations that extend beyond the annual examination cycle.
- •The companies did not disclose the financial terms or the duration of the agreement.
- •Aon projects a 14% increase in Philippine medical plan costs in 2026, nearly five times the projected 2.9% general inflation rate, according to KonsultaMD.
KonsultaMD, the digital healthcare platform operated by Metro Pacific Health Tech Corp., has entered into a partnership with Healthway Medical Network to deliver medical consultation services to more than 12,000 employees of the Land Bank of the Philippines (LANDBANK).
Under the arrangement announced in a statement on Tuesday, LANDBANK staff will be able to use the KonsultaMD application to schedule annual medical examinations and consult with physicians about their test results and any recommended follow-up care. The program also grants employees round-the-clock access to licensed general practitioners, along with mental health consultations that extend beyond the annual examination cycle.
Florence Pacia, KonsultaMD's head of business-to-business services, said the partnership enables employees to seek medical guidance after receiving their examination results.
“Healthcare should not begin and end with an annual medical examination,” Ms. Pacia said.
LANDBANK President and Chief Executive Officer Lynette Ortiz said the program gives employees access to medical consultations covering both their physical and mental health. Edwin Magsino, chief operating officer of Healthway Multi-Specialty Centers and Corporate Health Solutions, added that the arrangement offers LANDBANK employees additional options for obtaining healthcare services.
The companies did not disclose the financial terms of the agreement or its duration.
The partnership comes amid expectations of higher employer-sponsored healthcare costs in the Philippines. Professional services firm Aon has projected a 14% increase in medical plan costs in the country in 2026, compared with a projected general inflation rate of 2.9%, according to KonsultaMD. If borne out, that would put the projected rise in medical plan costs at nearly five times the pace of general inflation.
Metro Pacific Health Tech is the digital healthcare arm of Metro Pacific Investments Corp. (MPIC). MPIC is among the investments of Hong Kong-based First Pacific Co. Ltd., which also holds interests in Philex Mining Corp. and PLDT Inc.
Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., holds a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Alexandria Grace C. Magno
Source: BusinessWorld
