A study commissioned by the World Health Organization (WHO) showed that most health expenses are shouldered by private households- as much as 48% of total health expenditures. These households often had to use out -of- pocket payments for their health expenses. SHORT-TERM HEALTHCARE, also known as HMO. Generally, it has no life insurance coverage. There many a yearly increase of premium upon renewal. However renewal is not guaranteed, especially when there are high claims. HMOs cover only up to age 60 SENIOR CARE, Works similarly to the short term coverage except that it covers ages beyond 60. Its an individual type of HMO and its the most expensive program. LONG-TERM HEALTHCARE, is an HMO with a Health Savings Account.It has a fixed premium program, usually 7 years, which matures in 20 years. It comes with a 4-way insurance coverage together with the long term healthcare plan. Renewal is guaranteed and all unused health fund accumulates with interest. It may cover beyond age 60 with long-term care growth.