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PHILHEALTH HAS NEW PREMIUM RATES
« on: January 08, 2018, 06:50:26 AM »
STATEMENT BY THE HONORABLE RON P. SALO
KABAYAN Party-list
Assistant Majority Leader
PHILHEALTH HAS NEW PREMIUM RATES
 
As a public service in line with the focus of KABAYAN Party-list on health care, I update the general public, particularly PhilHealth members and their employers, of the new and simplified PhilHealth table of contributions that take effect starting January 2018.

By the way, the PhilHealth budget for health care insurance this year is P57 billion. PhilHealth issued the circular on the new rates of premium contributions last September 2017.

For PhilHealth members with monthly basic salary of P10,000 and below, the monthly premium is P275 divided into equal employee’s and employer’s share of P136.50.

PhilHealth members whose monthly basic salary are from P10,000.01 to P39,999.99, the total monthly premium is 2.75 percent, then divided into equal shares for the employee and employer.

Those whose basic monthly salary are from P40,000 upwards, the flat rate is P1,100 for the monthly premium, for equal employee and employer shares of P550.

Kasambahay or domestic workers paid P5,000 per month or higher will have their employee’s share matched by an equal employer’s share, but for those earning less than P5,000 the employer will pay for the full PhilHealth monthly premium.

REFERENCES:
https://www.philhealth.gov.ph/circulars/2017/circ2017-0024.pdf 
http://www.dbm.gov.ph/wp-content/uploads/NEP2018/BSGC/D.pdf 
http://www.officialgazette.gov.ph/2013/01/18/republic-act-no-10361/

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