Palace didn’t object to hike in premium, says PhilHealth chief

Palace didn’t object to hike in premium, says PhilHealth chief

By: - Reporter / @luisacabatoINQ
/ 12:09 PM February 23, 2024

PHOTO: PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. STORY: Palace didn’t object to hike in premium, says PhilHealth chief

PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. (File photo by ARNEL TACSON / INQUIRER.net)

MANILA, Philippines—The Office of the President did not object to the five percent increase in the premium of members of the Philippine Health Insurance Corp. (PhilHealth), according to PhilHealth chief Emmanuel Ledesma on Friday (Feb. 23).

The state health insurer had announced the adjustment in premiums from 4 to 5 percent effective January this year following the Universal Health Care Act.

ADVERTISEMENT

READ: PhilHealth members’ contribution hikes to 5% this 2024

FEATURED STORIES

“After very very thorough study on the premium increase, we pose no objection on the scheduled increase which was implemented on January first,” Ledesma said, quoting a letter from Malacañang.

Asked to comment on a recommendation from Health Secretary Teodoro Herbosa to suspend the increase, Ledesma said he “fully respects” but cannot heed Herbosa’s suggestion.

“We fully respect the views of Herbosa,” Ledesma said. “However, after the thorough discussion [and] study for all parties involved, I think it [premium contribution increase] was agreed upon,” he added.

The premium increase took effect in January this year for those earning P10,000 to P100,000 monthly.

Those with a monthly income of P10,000 are to pay P500.

READ: Herbosa: PhilHealth has enough money, premium hike delay won’t hurt

ADVERTISEMENT

Those making P10,000.01 to P99,999.99 a month will pay P500 to P15,000 in the premium to PhilHealth. Those earning P100,000 a month will pay P5,000 monthly.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Emmanuel Ledesma, PhilHealth premium hike, Philippine Health Insurance Corp.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.