New PhilHealth Premium Contributions For 2018

The Philippine Health Insurance Corporation or PhilHealth released a circular No. 2017-0024 last November announcing an increase in premium contributions for PhilHealth members.

According to the PhilHealth’s circular No. 2017-0024, the adjustment was necessary in order to keep up with the rising costs of the subsidy shouldered by the National Health Insurance Program (NHIP), a program established by Philippine government that aims to alleviate health care costs among Filipinos.

PhilHealth also explained in the circular that the adjustment was necessary to increase the service quality standards and sustain their enhancement programs that have been introduced in recent years. read more