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PhilHealth Is About to Hike Contributions. Here's How Much You Need to Pay

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IMAGE COURTESY OF PHILHEALTH
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Filipinos need to pay higher contributions to PhilHealth starting June in accordance with the implementation of the Universal Health Care Act, the state-run insurer said.

The premium rate for 2022 is set at 4% for all direct contributors, PhilHealth said.

More: Adulting 101: How to Apply for a PhilHealth ID

This means that a Filipino earning P10,000 or below would need to pay a P400 monthly premium. Those earning P80,000 or more however need to pay a P3,200 monthly premium.

Since the policy is retroactively effective in January 2022, PhilHealth said members and employers who have paid contributions at 3% need to settle the 1% differential payments until the end of the year.

Under the Universal Health Care Law, premium rates will increase to the 5% limit in 2024 and 2025.

PhilHealth in 2021 suspended the premium rate increase to aid Filipinos struggling with the economic impact of the COVID-19 pandemic.

FromReportr World

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