PhilamLife exits pre-need and HMO businesses

[tidus1203]

^^That is a very monstrous possibility of that happening... Pero para sakin educ. pre-need is dead or near dead. I think the future is going to be educ. loans with exorbitant interest rates...

[james00112233]

I read on other sites, na kaya daw nalulugi yung mga pre-need companies eh dahil nagbebenta sila ng traditional or open-ended educational plans. I'm just curious, ano ba ang ibig sabihin ng "traditional" or "open-ended" plans?

[uls]

^^^

no matter how high tution fee has risen, an open-ended educational plan has to pay out the amount

kaya nga unsustainable

there is no way the pre need firms can grow their funds big enough and fast enough to keep up with tuition fee increases

if you are a firm who sold 20,000 open-ended plans 10-12 years ago... when the plans mature around this time (ang mga bata lumaki na, magco-college na), you're gonna have liquidity problems