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PhilHealth defers monthly premium increase

THE Philippine Health Insurance Corp. deferred the premium increase that would have taken effect this year for the employed sector and some individually-paying members.

Instead of implementing a monthly premium contribution of 3 percent of an employee’s basic monthly pay, PhilHealth retained the premium at 2.5 percent for 2013. However, PhilHealth adjusted its contribution schedule’s lowest and highest salary base.

PhilHealth raised the lowest salary base from P4,000 to P7,000 so that those earning P7,999.99 and below will now be paying a monthly contribution of P175. The highest salary base is now P35,000 (from P30,000) at a monthly premium of P875.

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Tags: Insurance , Philhealth

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