Coop Written Report

8/19/2019 Coop Written Report

http://slidepdf.com/reader/full/coop-written-report 1/17

Republic of the Philippines

POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

COLLEGE OF BUSINESS

QUEZON CITY

WRITTEN REPORT IN COOPERATIVE

MANAGEMENT

In partial fulfillment for the Subject Cooperati!e Mana"ement

#COOP $%&'(

Pre)ente* b+

Rolan*o Irojo ,r-

.

Chan*ler /eith Claro

Pre)ente* to

Profe))or E*"ar*o S- 0elmo

1



2016

Cooperati!e 1ealth

Mana"ement 2e*eration

Address:

34 Mala5a) St- 6r"+- Pin+ahan7 Central 0i)trict7 0iliman7

8ue9on Cit+

Type of Cooperative:

1ealth Ser!ice Cooperati!e

Under Category: Primar+ Cooperati!e

Years of Existence:

: +ear ; Re"i)tere* in Cooperati!e 0e!elopment Authorit+ on

< 2ebruar+ %4:=

Name of Intervieee:

M)- Sharon Santo)

!osition:

Purcha)in" Officer

2



What i) C1M2>

Cooperati!e 1ealth Mana"ement 2e*eration is a nationa"

cooperative federation #ic# addresses t#e needs for #ea"t#$re"ated

services of its fe""o cooperatives% federations and non$government%

non$profit% non$stoc& organi'ations it# cooperative$re"ated programs

and services( It is t#e first d)"y "icensed cooperative #ea"t#

management federation in t#e !#i"ippines% reg)"ated *y t#e

+epartment of ,ea"t# and Cooperative +eve"opment A)t#ority -C+A.(

Vi)ion

To *e t#e *est #ea"t# care cooperative in t#e !#i"ippines(

Mi))ion

!roviding /)a"ity #ea"t# care to cooperatives(

,aving a simp"e and yet attaina*"e vision and mission is t#e aim

of t#e *oard of directors

Pro*uct) or Ser!ice) Offere*

ince it is a ,ea"t# ervice Cooperative type% t#e C, offers

services to its mem*ers(

Capital )hare per member

T#e a)t#ori'ed s#are capita" is !#p( 100%000%000(00

)*scri*ed and paid )p of t#e fo)nding mem*er is !#p(

26%300%000(00

3



To *e a mem*er of t#e cooperative% t#ey s#o)"d s)*scri*e

and pay !#p(100%000(00% #ic# is paya*"e in to years(

Member)hip feeor t#e individ)a"s #o ants to *e a mem*er of C,( 4it#

!#p( 5%600(00 ann)a" premi)m or !#p( 10(00 a day% a coop mem*er

can enoy t#e *enefits provided *y C77! ,EA8T,(

Other )ource) of incomeC, is sti"" on its 1st year% and aside from t#e investments

coming from ot#er cooperatives( Anot#er so)rce of income o)"d *e

t#e !#p( 5%600(00 ann)a" premi)m from t#e mem*ers of eac#cooperative(

8ualification) for member) in +our Cooperati!eT#e /)a"ification for t#e primary cooperatives is it#in a period of

six mont#s% a cooperative m)st enro"" a minim)m of 500 mem*ers%

it# at "east 90 initia" enro""ees )pon approva" of its app"ication(

Re?uirement) in bein" a member of +our cooperati!eem*ers#ip is open to a"" type of Cooperatives *y s)*scri*ing to

and paying for 100 s#ares it# a par va")e of !#p 1%000(00 per s#are

or !#p 100%000(00 #ic# is paya*"e it#in to years( And for individ)a" mem*ers to pay !#p 5%600(00 ann)a" premi)m or

!#p 10(00 a day(

6enefit) that member) "et

For the Cooperative members: At the end of the year: A( +ividends( !atronage ref)ndsC( Experience ref)ndsFor the individual members:

4



Annual ph+)ical e@amination:

A- C#est ;$<ay6- Comp"ete "ood Co)nt -CC.

C- Urine test0- too" testE- !#ysica" Examination

Outpatient Con)ultationA- ree cons)"tation to o)r accreditted c"inics6- ree "a*oratories examination -no intensive "a*oratory for o)t

patient. e(g(: <I% CT can etc(C- o""o$)p c#ec& )p

0- Necessary medicines )sed inside t#e c"inic

Emer"enc+ treatment

A- !#p 50%000(00 ann)a" coverage6- 2=>? coverage to a"" emergency casesC- Nationide coverage0- A"" medico"ega" cases -reim*)rsement on"y. i(e( @e#ic)"ar

accident% ma)"ing% g)ns#ot etc(

E- irst dose of anti$ra*ies and anti$venom

In patient or confinement A( !#p 50%000(00>sing"e confinement( !#p 60%000(00 maxim)m *enefit "imit>i""ness>year C( Net of !#i",ea"t#+( +octors fee% room accommodation% medicines% "a*oratories

and ot#er diagnostic test deemed necessary(E( Nationide coverage to a"" emergency confinement(

0ental co!era"eA- imp"e toot# extraction6- Temporary pastaC- Ann)a" !rop#y"axis0- Cons)"tation to dentist

5



2inancial a))i)tance: 0eath benefit

A- Nat)ra" deat# $ !#p 10%000(00

6- Accidenta" +eat# $ !#p 20%000(00

0ifferent plan) in helpin" to chan"e the li!e) of +our member

Coop ,ea"t# is fixed on t#e *enefits it offers( And it is fixed on t#e

premi)m t#at t#e cooperative set(

,ospita" Income enefit is a ne p"an for t#e *enefit of its

mem*ers( C, is associated it# CI!s ins)rance( 7nce a

mem*er avai"s t#e services offered *y Coop ,ea"t# it is in pac&ageit# "ife ins)rance : "ife and accident ins)rance(

0e!elopment pro"ram) "i!en b+ cooperati!e As C, is sti"" on its 2nd term% t#ere sti"" no programs t#at are

deve"oped )n"i&e CI! #o #ave *een existing for /)ite some time(

Other committee) create*

T#ere are no committees yet t#at are created% since C+A does not

set a re/)ired committee for Coop ,ea"t#( Un"i&e credit cooperatives

t#ey #ave credit committee(

Con)traint) or har*)hip e@perience* in re"i)terin" cooperati!e

in C0AT#ere o)"d *e one constraint t#at Coop ,ea"t# experienced(

C+A posted a notice to a"" cooperatives t#at t#ere o)"d *e a c)t offfor t#e registration on eptem*er 3% 201=( ince Coop ,ea"t# as

organi'ed on B)"y =% 201=( T#e constraint experienced *y C, is

t#e s#ort time frame for it to pass a"" t#e necessary re/)irements *)t

sti"" overcome it and pass t#e necessary re/)irements on time(

6



Cooperati!e "ain) a bi" help to communit+ or compan+

Coop ,ea"t# is t#e first #ea"t# type of ,7 t#at #ave afforda*"e

#ea"t# care to its mem*ers($Coop #ea"t# provide c#eaper premi)m to its coop mem*ers(

$Coop ,ea"t# a"so s)pport edica" ission ro)ps and ot#er #ea"t#

Instit)tion

Mer"in" or con)oli*ation ith other cooperati!eCoop ,ea"t# is a"igned to t#e movement of Done cooperative

#ea"t#( Coop ,ea"t# #as *een comm)nicating to t#e ,ea"t# CareCooperative "ocated in 8)cena% F)e'on for merging to #ave on"y one

#ea"t# care cooperative nationide(

7



Su"ar

Re"ulator+ Emplo+ee Cre*it Cooperati!e

Address:

Philippine Su"ar Center 6uil*in"7 North A!enue 0iliman

8ue9on Cit+


Cre*it Cooperati!e

Years of Existence:

': +ear) B Au"u)t %$ :3=

Name of Intervieee:

Mr)- Ma- Di9a 0- Guiritan

!osition:

Accountant7 6oo55eeper an* Me))en"er

8



What i) SRECCO>

Su"ar Re"ulator+ Emplo+ee Crrre*it Cooperati!e #SRECCO( is

a credit cooperative made for <A Emp"oyees on"y(

Vi)ion

A via*"e and s)ita*"e credit cooperative in t#e p)rs)it of )p"ifting t#e

e"fare of its mem*ers t#ro)g# financia" services(

Mi))ion

To *e t#e cooperative "eader in promoting t#e socio$economic e""$

*eing and e"fare of a"" mem*ers(

Pro*uct) an*F or )er!ice) that cooperati!e offer)8ending% extending "oans to o)r mem*ers

!etty Cas# "oans C#aracter 8oans

a"ary 8oans

<eg)"ar 8oans

7ne Type 8oan

)"ti$!)rpose 8oan

Economic <e"ief 8oan


T#e minim)m re/)ired capita" s#are per mem*er is !#p =0%000 and

it# a capita" *)i"d )p of !#p 5000 to *e add in capita"(

Member)hip fee>T#e mem*ers#ip fee is !#p 200 m)st *e paid )pon t#e approva"

9



of app"ication orm of mem*ers#ip and an Initia" deposit )pon

enro""ment of !#p2900(T#e initia" deposit is paya*"e t#ro)g# ")mp s)m or t#ro)g# sa"ary

red)ction( To gain cooperatives *enefit(

Other )ource) of incomeU<ECC7 is an instit)tiona" cooperative aside from t#e

co""ection% t#ere is no ot#er so)rces(

8ualification for member) in SRECCOQualification of Membership: <eg)"ar emp"oyee of )gar <eg)"atory Administration

!aid t#e mem*ers#ip fee and t#e initia" deposit Attend t#e !re$mem*ers#ip seminar sc#ed)"ed *y t#e

cooperative(

6enefit) that member "et)$ T#e mem*er can avai" "oans% advances% s#ort term "oans

against t#e *enefits and #ave t#e privi"eges to vote(

0ifferent plan) that ha!e ma*e in helpin" to chan"e the li!e) of

member$ !roviding 8oans #e"ps t#e mem*er to finance t#eir needs( To #e"p

t#e mem*er more e are p"anning to *e a m)"tip)rpose cooperative

to provide more services t#at can *e avai" *y t#e mem*ers of

cooperative(

0e!elopment pro"ram "i!en b+ SRECCO

$ 4e are p"anning to #ave tic&eting services t#at i"" #e"p t#e

mem*ers to avai" tic&ets for t#eir trave"s(

Other committee) create*$ T#ere is no ot#er committee aside from t#e C+A

10



Con)traint) or har*)hip *urin" re"i)terin" SRECCO in C0A$ +)ring t#e imp"ementation of t#e C+A G920(Updates regarding

dead"ine% registration and ot#er C+A )pdates *ecomes U<ECC7s

#ards#ip(

Cooperati!e "ain a bi" help to communit+ or compan+$ U<ECC7 #as a great ro"e in deve"opment of t#e instit)tion% t#e

instit)tion cooperates e"" so imp"ementation and co""ection doesnt

ta&e a "ot of time(

Mer"in" or Con)oli*ation ith other cooperati!e

$ No% It is sti"" exc")sive to t#e )gar <eg)"atory A)t#ority reg)"aremp"oyee on"y(

Cooperati!e In)urance

S+)tem of the Philippine)

Address:

34 Mala5a) St- 6r"+- Pin+ahan7 Central 0i)trict 0iliman7 8ue9on

11



Cit+


Secon*ar+ Cooperati!e

Years of Existence:

$% +ear)

Name of Intervieee:

M)- ,enette Al*e

!osition:

E@ecuti!e A))i)tant

What i) CISP>

T#e Cooperative Ins)rance ystem of t#e !#i"ippines as fo)nded on

Ban)ary 29% 1G?=( It as organi'ed to promote and engage in t#e service of "ife

ins)rance as a cooperative( It as iss)ed a Certificate of A)t#ority *y t#e

Ins)rance Commission on eptem*er 50% 1G?=( It as registered on Apri" 9%

1G?9 it# t#e +epartment of 8oca" overnment and Comm)nity +eve"opment

)nder !(+( 1?9( It is operating nationide it# 3 area offices% ins)ring most"y t#e)nderprivi"eged and farmers of t#e co)ntry( It is *eing reg)"ated *y to

overnment AgenciesH t#e Ins)rance Commission -IC. and t#e Cooperative

+eve"opment A)t#ority-C+A.( To date% CI! #as more t#an 2%000 cooperative

mem*ers and ins)ring over ?00%000 individ)a"s ann)a""y(

12



Vi)ion

A g"o*a""y &non Cooperative Ins)rance it# a ocia" Conscience(

Mi))ion

To *)i"d a society #ere cooperatives% "a*or )nions and coop$oriented

gro)ps and t#eir mem*ers are f)""y protected economica""y and socia""y t#ro)g# a

s)staina*"e and via*"e cooperative ins)rance system(

Vi)ion

A g"o*a""y &non Cooperative Ins)rance it# a ocia" Conscience(

Core !alue) of CISP

Commitment to o)r organi'ation and t#e cooperative movement(

Inte"rit+ in t#e cond)ct of its *)siness at a"" times(

Su)tainabilit+ of t#e organi'ation and t#e comm)nities e serve is of

paramo)nt importance(

Profe))ionali)m is o)r ay of dea"ing it# o)r sta&e#o"ders(

Pro*uct) an*F or )er!ice) cooperati!e offer)

8oan payment protection ins)rance p"an

Accident Ins)rance !"an

ro)p Year"y <enea*"e Term Ins)rance !"an

I$8I -Individ)a" asic 8ife Ins)rance ystem.

t)dent Ins)rance !"an


or t#e cooperative mem*er t#e *asis for capita" s#are per mem*er is *ased

on par va")e per s#are of stoc&s( CI! is a cooperative ins)rance% reg)"ated not

)st t#e Cooperative +eve"opment A)t#ority -C+A. *)t a"so t#e Ins)rance

Commission -IC.(inim)m re/)ired capita" s#are per mem*er is 10%000 s#ares of stoc&s it#

a par va")e of !#p 100%000(00(

13



In cosideration of t#e foregoing premises( T#e CI! raise t#e amo)nt of t#e

minim)m s)*scription paid for eac# CI! mem*er$s#are#o"der from !#p(

10%000(00 to !#p( 100%000(00 or 100 s#ares(

Member)hip feeor t#e secondary type of cooperatives "i&e CI!% t#ere is no re/)ired

mem*ers#ip fee(

Other )ource) of income>CI!s ot#er so)rces of income is t#e investments aside from t#e premi)ms

avai" in t#e cooperative since CI! is a corporate cooperative since t#e "atter

offers ins)rance to companies and ot#er cooperatives(

8ualification) for member) in CISPT#ere are to c"assification of mem*ers in cooperatives:

Accor*in" to Re"ularIs *ased on t#e par va")e per s#are or t#e common stoc&(CI!s mem*er is re/)ired to *e cooperatives% federations% and ot#er

organi'ation t#at #ave cooperative orientation(Accor*in" to A))ociate:

Associates are t#e individ)a" avai"ing t#e prod)cts offered *y CI!( Is *ased

on t#e preferred stoc&s of t#e associates(

6enefit) that member "et)1( It s#o)"d *e a "egitimate cooperative( 4it# t#e doc)ments s)c#H

a.oard <eso")tion*.Certificate of <egistration from t#e C+A(

2( +ividends5( !atronage ref)nds=( Experience ref)nds9( Investment interests

0ifferent plan) that ha!e ma*e in helpin" to chan"e the li!e) of member CI! is tying )p it# ot#er cooperative affi"iates to cond)ct Dfinancia"

8iteracy( inancia" 8iteracy aims to ed)cate peop"e on #o to manage t#eir

financia" *e"ongings( Cond)ct a extensive campaign on t#e importance of ins)rance(

Cond)cting corporate socia" responsi*i"ity for t#e comm)nity to give *ac& and

#e"p t#em( CI! is a"so s)pporting sc#o"ars in aritas( aritas is a"so a cooperative

14



mem*er of CI!(

0e!elopment pro"ram "i!en b+ CISP or t#e emp"oyees:

Cond)cting trainings and seminars to en#ance t#e s&i""s and capa*i"ities

of emp"oyees *ot# "oca" and internationa"( !rograms t#at en#ance t#e comm)nications and oneness of t#e

emp"oyeesH s)c# as sportsfest% tree p"anting% movie nig#t o)t party( Emp"oyees #ave #ea"t# card for t#e emp"oyees

or t#e mem*ers:

em*ers for)m(

Other committee) create*T#ere are no ot#er committees created aside from t#e committees given *y Coop

Code( A( A)dit Committee( !ersonne" committeeC( Exec)tive committee+( E"ection committeeE( Ed)cation and mem*ers#ip committee( ediation and conci"iation committee( Et#ics committee

CI! is p"anning to create a committee% say t#is coming first /)arter a*o)t t#e

ris& management(

Con)traint) or har*)hip *urin" re"i)terin" CISP in C0AT#e fo)nding mem*ers of t#e CI! #as *een "ong gone for t#e c)rrent

emp"oyees to &no #at #as *een t#e pro*"em in t#e past regarding t#e

constraint in registering t#e cooperative in C+A(Cooperatives are *eing reneed every 90 years #ic# is its expiration( t#e

cooperative s#o)"d #ave a good standing in t#e C+A for t#e cooperative to

process it fast( It s#o)"d *e capa*"e of financing its mem*ers needs(

Cooperati!e "ain a bi" help to communit+ or compan+

Every cooperative #as *een s)*ect to financia" economic crisis and CI! is

a"so one of t#at from 2012$201=( ,oever% ICC7 tr)sted and invested in CI!

and #e"p it gain its fo)ndation *ac&( T#ere are ot#er companies and cooperatives

#ave *een t#ere to patroni'e t#e CI! prod)cts(Bo* opport)nities #ave *een esta*"is#ed *y CI!(

15



Mer"in" or Con)oli*ation ith other cooperati!e

Aside ICC7 A #ic# is t#e first cooperative to *e merged it# CI!(

T#ere is t#e C"im*s 8ife Ins)rance Cooperative( T#ey are to existing

cooperative ins)rance society in t#e !#i"ippines t#e c"im*s and t#e CI! ( T#e

C"im* "ife cooperative( 4#ic# offer "ife and non$"ife ins)rance )n"i&e CI! t#at

offers "ife ins)rances( T#e to cooperative ins)rance is sti"" ongoing

comm)nication for t#e merging to *e esta*"is#(

ince% starting 2019 ATA or t#e AEAN ree Trade Agreement entered t#e

co)ntry% o)r AEAN co)nterpart is a""oed to p)t )p ins)rance companies in t#e

!#i"ippines in competition( T#ese to cooperatives aims to *e a *ig cooperatives

in t#e !#i"ippines to compete it# t#e )pcoming cooperative ins)rances and

corporate t#at t#e ATA i"" *ring(

Salar+ pa+ment) for the emplo+ee) come from

CI! get its expenses t#ro)g# t#e premi)ms offered% aside from t#at t#ere

are ot#er investments t#at t#e CI! )se for its ot#er expenses(

Mean) for member) pa+ment)

It depends on t#e #o m)c# t#e mem*er is investing( ince t#ere are somecompanies t#at pays in mi""ions of pesos(

1ar*)hip encountere* b+ CISP in the pre)ent

T#e most recent o)"d *e t#e financia" crisis faced *y CI!(

Emp"oyee pro*"em are minima" pro*"ems #ic# can *e addresse

PICTURES:

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17

Documents

Coop Written Report