HMO Cash Conversion Program
HMO Cash Conversion Program
The HMO Cash Conversion Program (HMO-CC) is a complementary benefit for qualified employees who are unable to maximize their HMO dependent allocation due to the absence of eligible dependents or when their dependents are already covered under another HMO plan from an external provider . Subject to approval and program guidelines, the benefit may be converted into reimbursable healthcare expenses.
This program reflects the Company's commitment to employee health and wellness. We thank Management for making this additional benefit available.
READ MORE: IO MEMO: HMO Dependent's Premium Cash Conversion for Employee with No Qualified Dependents, 2024