Jan 23 - 1 (1)

On January 1, 2018, PhilHealth’s premium rates have been adjusted to 2.75% of the member’s monthly basic salary (MBS).

To help everyone appreciate how the adjustment impacts an employee’s contribution (and effectively, the salary deduction he should anticipate as a result of the rate increase), we are sharing the following table lifted from PhilHealth’s official Facebook page.

Monthly Basic Salary

(MBS)

Monthly Premium

(@2.75% of MBS)

Personal Share Employer Share
P8,999.99 P275.00

Based on P10,000 floor

P137.50 P137.50
P11,250.00 P309.375

Rounded off to the nearest hundredths =

P309.38

P154.69 P154.69
P25,410.00 P698.775

Round off to the nearest hundredths =

P698.78

P349.39 P349.39
P41,999.99 P1,100

Based on P40,000.00 ceiling

P550.00 P550.00

According to PhilHealth, if an excess of a centavo will occur when equally sharing the computed monthly premium, the excess centavo shall be deducted from the Employee’s share to get the monthly premium due.

Monthly Basic Salary (MBS) Monthly Premium (@2.75% of MBS) Premium per Share Personal Share Employer Share
P22,500.00 P618.75

(P618.76)

P309.375

Round off to the nearest hundredths =

P309.38

(P309.38)

P309.37*

P309.38

*Since P309.38 per share will result to a total of P618.76, the centavo is deducted from the Personal Share.

In accordance with RA 10361, the premium contributions of a Kasambahay shall be shouldered solely by the household employer.  However, if the Kasambahay  is receiving a monthly salary of P5,000 or above, the Kasambahay shall pay his or her proportionate share.  The same rule is followed for the Kasambahay’s SSS contribution.

If you have further questions about the premium rate adjustments of PhilHealth, feel free to call their 24/7 hotline at (02) 441-7442.

Source:

https://www.facebook.com/PhilHealth/

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