Is Kaiser Really Stable Company?

A few people I encounter in my mission of spreading financial literacy always turn skeptical when I introduce them to Kaiser. They can't believe there is such a company and they are not sure about its stability. So I get asked so frequently specially by people whom I have just met: Is Kaiser a really stable company and will it still be existing 15 years from now?

Do you want to know how I answer them? I tell them who ask this question: Nobody can tell. But as for now I know that Kaiser is stable and is a good investment vehicle too. Why?  (The answers are found on the Kaiser page.... http://www.kaiserhealthgroup.com/faq.php)

Let me restate it here:

• The Healthcare Industry is a highly regulated industry. Before any company can be licensed it has to fully comply with all the government requirements to make sure it is fully secured and can deliver its benefits to its clients. It is regularly monitored by the regulatory government agencies. (These are the DoH for the Health Care, SEC for the Investment, and the IC for the Insurance).

Our Kaiser health plans are designed by a Licensed Actuary not only to ensure compliance with established government regulations but also to make sure that our products are financially sound and stable. (Actuary is the highest form of Statistic which deals with probabilities. This is the science required to validate the correctness of the projections based on possible results in the probabilities of life)

Kaiser is one of the top most healthcare company in the Healthcare Industry in terms of capitalization and market share. Kaiser is fully compliant with the regulatory requirements. 

Kaiser is registered with SEC and has an authorized capitalization of Php 160M. It has fully complied with all the SEC regulations. It is also approved by Department of Health to operate as an HMO. The Investment and funds are managed by the top leading financial Institutions in the Industry. Kaiser put up a 160M Php capitalization which is more than 3X the 50M Php capitalization requirement of the government regulatory board.

On top of this, Kaiser's cornerstone of success resides in the skill and experience of its corporate management, and its business partners. Kaiser draws great strength from a leadership team which thoroughly understands the company industry and operating environment. It possesses close, long-term relationships with its members and partners throughout the country. With Kaiser's strong financial stability, our clients are highly secured.

Kaiser's Board of Directors is seasoned experts in the Medical field services and the health care Industry. Headed by its President and CEO Dr. Ramon B. Abragan, Jr.. Check the company profile at: http://www.kaiserhealthgroup.com/company_profile.php

• Kaiser deals with top notch and highly qualified licensed financial managers. We consider them as partners and work very closely with them. The managers themselves are also governed by government regulations. In addition, we deal with some of the country's best universal banks.

However, I end up by saying that indeed nobody can tell what is in store in our future. Like many planes that crashed, and many ships that had sunk, and many companies that fold up, we have to take some risk if we want to arrive at our destination or achieve our financial goals. The risk of not risking is a certainty while taking a risk is half the assurance of success....

God bless us all!