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PhilHealth, PAG-IBIG to raise mandatory contributions 

by Kiko Cueto

THE Philippine Health Insurance Corp. (Philhealth) said that they are looking at a 5% increase in mandatory contributions for the year.

Presently, they are still awaiting approval from the Malacañang.

They said that the additional contributions will allow more health benefits for the members.

“Una, meron tayong benefit package para sa magpapagamot ng tuberculosis using DOTS P4,000 yan. Yung mga nakagat ng stray animals meron tayong animal bite treatment package P3,000 yan at sa pasyente ng HIV-AIDS meron tayong outpatient treatment package at yan ay sa kabuuang P30,000 kada taon,” PhilHealth Acting Vice President for Corporate Affairs Rey Balena.

This would mean that for those with income of P10,000, their new PhilHealth contribution will be P500.

While making P10,000.01 to P99,999.99 a month, will have P500 to P5,000 deductions from the state insurer.

And those that have a salary of P100,000 will have to contribute P5,000 monthly.

The said increase is part of the Universal Health Care (UHC) law, as explained by PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr.

Ledesma explained the hike is technically implemented from January 1, based on UHC law, since it was not suspended by President Ferdinand R. Marcos Jr.

“We already started implementing the increase and going forward, if ever we receive instruction or directive from Malacañang [to stop the implementation], we will comply,” he said.

“But since… as of today, there is none. We already implemented it,” he pointed out.

The official then clarified the contribution would still be shared by employees and their employers.

Courtesy: Philhealth

Meanwhile, the Home Mutual Development Fund or PAG-IBIG Fund also said they are simply awaiting the approval of Malacañang to conduct the increase in monthly contributions from their members.

Pag-IBIG is looking to increase the mandatory contributions from P100 to P200. 

The government owned and controlled corporation (GOCC) explained that under the new increase, it would bring P38 billion to the fund.

This paves the way for an additional P1 Million in housing loans without increasing interest rates.

The Employers Confederation of the Philippines (ECOP) said that they are supportive of the increase, saying it is an “investment”.

“’Yan ay investment, parang forced savings yan. Kumikita pa ng interes, so hindi mabigat para sa amin yan para sa mga worker namin. Kaya very readily pumayag kami,” said ECOP President Sergio Ortiz-Luis Jr.

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