Personal opinion ko lang ( I'm a dentist by the way, not an MD), you might be better off with a Credit card with a high credit limit for hospitalization expenses. Not that it comes out cheaper ( because sadly at times the opposite is true) but because it is more reliable. In a pinch it's something you can readily use ( pero ibig sabihin nito kailangang maganda ang credit history mo or in other words masipag kang magbayad ng credit card bill at hindi delinquent).
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