Philhealth to increase premium Print
Saturday, 25 November 2017 14:03

By R.G. ANTONET GO

The Philippine Health Insurance (Philhealth) is slated to increase health contributions by members from 2.5 to 2.75 starting next year.

The increase is contained in Philhealth circular 2017-0024 signed by Celestina Ma. Jude P. Dela Serna last September 11.

The circular states that the monthly premium contributions shall be at the rate of 2.75 percent computed straight based on the monthly basic salary, with a salary floor of P10,000 and a ceiling of P40,000 to be equally shared by the employers and employees.

Employees having a monthly basic salary of 10,000.00 and below will have to pay P275  from P250 monthly premium.

Those earning from P10,000.01 to P39,999.99 will be paying from P275.02 to P1.099.99.

Employees earning the amount of P40,000 and above will pay 1,000.

The premium will be shared equally between employee and employer.

The circular covers members of the formal economy including kasambahay, sea-based Overseas Filipino Workers, and all employers in the government and private sector.

“We do not want our program to be status quo.  We  want to address the health issues including the needs of the poor.   In order for us to do that, we have to have enough funding,” Bryan Jabay, PhilHealth 9 information officer, said in an interview.

He explained that the contribution of the members are treated as the building blocks of the corporation as contributions are being used to improve and better PhiHealth programs. (R.G. A A. Go)