It was recently confirmed by PhilHealth that the “HIKE” for contributions this year will continue. The premium rate, which is currently 4 percent, will increase to 5 percent in accordance with the law. While there is the possibility of the implementation being suspended by Malacañang, PhilHealth has stated that they will comply with any decision made.
What you need to know about the PhilHealth Contribution Hike?
According to PhilHealth President and CEO Emmanuel Ledesma Jr. that the proposed contribution hike aims to address the financial challenges facing the agency and ensure the sustainability for the Universal Health Care Law.
While the exact details of the contribution hike are yet to be finalized, it is crucial for individuals and businesses to be prepared for the increase. It is advisable to review your budget and make any necessary adjustments to accommodate the higher contribution amount.
At this time, it is uncertain whether the implementation of the contribution hike will be suspended or not. The final decision lies with the Malacañang administration. However, it is advisable to stay informed and be prepared for any changes that may occur.
To stay updated on the latest developments regarding the PhilHealth contribution hike, we recommend regularly checking official announcements and news updates from reliable sources. Understanding the potential impact of this increase is essential, and by staying informed, you can make informed decisions for yourself and your business.
