House OKs on 2nd reading bill granting President power to suspend PhilHealth contribution hikes  | Inquirer News

House OKs on 2nd reading bill granting President power to suspend PhilHealth contribution hikes 

/ 05:05 PM January 26, 2021

philhealth revamp

Image from PhilHealth Facebook.

MANILA, Philippines — The House of Representatives approved on second reading a measure seeking to grant the president of the Philippines the power to suspend the scheduled increases in the Philippine Health Insurance Corporation (PhilHealth) premium contributions.

During Tuesday’s session, the lower chamber approved through voice voting House Bill No. 8461, which seeks to amend Republic Act No. 11223 or the Universal Healthcare Act, by giving the President the power to defer the scheduled PhilHealth contribution increases in times of national emergencies or when the public interest so requires.

Article continues after this advertisement

Under the measure, the suspension shall be in consultation with the Secretary of Finance and the Secretary of Health as chairperson of PhilHealth.

FEATURED STORIES

House Speaker Lord Allan Velasco, the principal author of the measure, earlier said that the bill “will provide a much-needed relief from the negative effects of the pandemic and will assure Filipinos that the government is sensitive to their sentiments.”

Currently, the Universal Health Care Act mandates increases in member premiums by increments of 0.5 percent every year, starting 2021 until it reaches the 5-percent limit in 2025.

Article continues after this advertisement

For 2021, the premium rate is scheduled to increase to 3.5 percent of the monthly basic salary, from the 2020 rate of 3 percent.

PhilHealth has suspended the contribution hike which was supposed to take effect this month following the order of President Rodrigo Duterte.

JPV
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: House bills, Philhealth

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

Subscribe to our newsletter!

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

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

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.