Updated PhilHealth Contribution Table – Filipinos who don’t have health card from private insurance companies most likely depend on the health services offered by PhilHealth. This government agency has been providing basic health insurance to many Filipinos.
It is the most affordable way to settle hospital expenses for those Filipinos who don’t have the financial capability to pay the expenses. Below you can see the new PhilHealth contribution table for 2018.
For the last three years, PhilHealth had imposed steady premium contributions for its members. This year, the agency announced that they will implement an increase for the contribution of employed members.
The adjustment of monthly contributions started in January 2018. Employed members should expect for 2.75% increase in a contribution that will be deducted from the basic salary.
Pursuant to PhilHealth Circular No. 2017-0024, the increase in premium contribution will be used to sustain the increasing costs of programs being shouldered by the National Health Insurance Program or NHIP.
You may also read How To Register For An Online PhilHealth Account if you want to know the process of having a PhilHealth account via online.
The NHIP covers partial or full costs of social services, health services and goods needed to support the health development of Filipinos. The main beneficiaries of NHIP are the indigents, underprivileged, a person with disability, and the senior citizens as well as the women and children.
Aside from augmenting the funds to improve and sustain the different health care programs, PhilHealth aims to create new health programs to its members. Likewise, the health agency also removed the 28-tier bracketing system.
New PhilHealth Contribution Table
To further explain the increase in the premium PhilHealth contribution table, please refer t the table below.
|Monthly Salary||Monthly Premium||Amount (employee)||Amount (employer)|
|Php10,000 and below||Php275.00||Php137.50||Php137.50|
|Php10,000 to Php39,999||Php275.02 to Php1,0099.99||Php137.51 to Php549.99||Php137.51 to Php549.99|
|Php40,000 and above||Php1,100||Php550.00||Php550.00|
The increase in monthly contributions is applicable to all employed members, all employers (both private and government), family members, kasambahay, and sea-based OFWs. Pursuant to RA 10361, the PhilHealth contributions of kasambahay shall be shouldered and paid solely by the employer.
If the employed members receives a salary of Php15,000 a month, the monthly premium would be Php412.50 which is the 2.75% of the basic salary. The monthly contribution will be divided in two in which one-half of the amount will be paid by the employer and the other half by the employee.
PhilHealth monthly premium for self-employed
Self-employed individuals are also encouraged to pay PhilHealth contributions. The contributions can be paid by quarter, bi-annual, or annually. The monthly premium of those earning below Php25,000 a month is Php200. Those earning more than Php25,000 a month will pay Php300 monthly premium contribution.
For land-based OFW members, the premium contribution is not affected by the adjustment, thus must follow the premium contribution as of 2014. OFWs can pay their monthly contributions at any local PhilHealth offices, collecting agents accredited by PhilHealth, or at POEA one-stop shop centers.
Reason for the adjustments PhilHealth Contribution
According to Health Secretary Francisco Duque III, the increase in the premium contributions is justifiable. The objective is to double the reserve funds of PhilHealth so that the agency will be able to provide better operations and sustain all the programs. Likewise, the agency will also receive Php50 billion from the 2018 budget of the Department of Health.
The increase of premium contributions is also beneficial for the members of PhilHealth. It would be easier to seek for medical assistance in times that the active member is in dire need of health-related benefits.
Read also: Updated SSS Contribution Table 2018
All members are encouraged to pay diligently their premiums. Otherwise, it would mean forfeiture of the benefits in case you have missed your contributions. Keep in mind that nobody can tell when you get sick. The skyrocketing hospitals bills may aggravate your condition particularly if you don’t have money to pay for the expenses.
To ensure that you will be eligible to seek medical assistance, it would be best if you will pay your PhilHealth contribution.