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Philippine Health Insurance Corporation (PhilHealth) is implementing the scheduled contribution rate and income ceiling adjustment for 2021 to ensure sufficient funding for the health care benefits of its 110 million members as provided by the Act of the Republic No. 11223 or the “Universal Health Care (UHC) Law”.
PhilHealth President and CEO Dante Gierran said the agency fully recognizes the current pandemic situation that is taking its toll on many businesses and many Filipinos’ livelihoods.
“However, he is obliged to implement the UHC Law, which has been the beacon and source of hope for the country pointing to better health services, even while fighting Covid-19,” he said.
The premium adjustment is provided in Section 10 of the UHC Act and its implementing rules and regulations, the guidelines for which are found in Circular 2020-005 published by PhilHealth on March 5, 2020.
For fiscal year 2021, those earning less than P10,000 will be set at P350 per month, while those earning P70,000 per month or more will be set at P2,450 per month.
Contributions from employed members (including kasambahays) will be shared equally between employees and employers, while those from self-paying members, professionals and land-based migrant workers and other direct unrelated contributors Employee-employer is computed directly on the basis of your earnings and paid in full by the member.
Most importantly, all members upon reaching retirement age and after contributing at least 120 months to the program, ensure continued financial protection against the health risks of old age.
“Everyone’s sincere contributions to the National Health Insurance Fund are part of everyone’s involvement in everyone’s health and well-being. This is bayanihan at its finest, ”said Gierran.
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