Philippine Health Insurance Corporation (PhilHealth) increases contribution from 4 % to 5 %, starting in 2024. The contribution increase is in line with the Universal Health Care (UHC) law in Philippines.
Luisa Cabato reported in Cebu Daily News that PhilHealth President and Chief Executive Officer Emmanuel Ledesma Jr said that “ ‘As provided for in Section 10 of Republic Act 11223, or the UHC Act, PhilHealth’s [to] implement the last adjustment of premium contributions for the five percent contribution rate and income ceiling of hundred thousand this year’ ”.
The article adds that PhilHealth Fund Management Sector Senior Vice President Renato Limsiaco Jr. said that “ ‘The premium PhilHealth contribution of indigents and unemployed senior citizens will be fully shouldered by the government’ ”.
PhilHealth is planning to increase the benefit package following the hike of contributions.
