Philippine Health Insurance Corporation, commonly called PhilHealth, issued the memorandum circular 2017-0024 adjusting the premium contributions of the employed sector to sustain the National Health Insurance Program (NHIP). Accordingly, the adjustment is necessary for the various enhancements to program benefits introduced in recent years and to further come up with sustained benefits to effectively respond to the growing health care financing needs of all members.
Revised premium contributions
Effective the applicable month of January 2018, the monthly premium contributions shall be at the rate of 2.75% computed straight based on the monthly basic salary, with a salary floor of Php 10,000 and a ceiling of Php 40,000.00, to be equally shared by the employees and their respective employer. Those who are earning above Php 40,000.00, the contribution shall be 550 both for employee and employer (total of 1,100/mo). With the removal of the salary brackets, computation shall be based on the following table:
|Basic Monthly Salary x 2.75%||Monthly Premium||Personal Share||Employer Share|
|Php 10,000 and below||Php 275.00||Php 137.50||Php 137.50|
|Php 10,000.01 to Php 39,999.99||Php 275.02 to Php 1,099.99||Php 137.51 to Php 549.99||Php 137.51 to Php 549.99|
|Php 40,000 and above||Php 1,100.00||Php 550.00||Php 550.00|
Contributions of Kasambahays
In accordance with RA 10361, the premium contributions of the Kasambahay shall be shouldered solely by the household employer. However, if the Kasambahay is receiving a monthly salary of five thousand pesos (Php 5,000) or above, the Kasambahay shall pay his/her proportionate share.