The Philippine Health Insurance Corporation (Philhealth) has just issued a memorandum adjusting the premium contributions of the employed sector to sustain the National Health Insurance Program (NHIP) effective January 2018 onwards.
The monthly premium contributions shall be at the rate of 2.75% computed straight based on the monthly basic salary of an employee. This will have a salary floor of P10,000.00 and a ceiling of P40,000.00, and this amount will be equally shared by the employees and their employer.
On the other hand, the premium contributions of the Kasambahay shall be shouldered solely by the household employer. However, if the Kasambahay is receiving a monthly salary of five thousand pesos (P5,000.00) or above, the Kasambahay shall pay his/her proportionate share.
To read the full Philhealth Memorandum click here.