Summary
RMC No. 68-2013 publishes the full text of PhilHealth Circular No. 057, s-2012 dated November 22, 2012, on partial deferral of the PhilHealth premium contribution increase until the end of CY 2013.
Key points
- Deferral. The provisions of PhilHealth Board Resolution No. 1571 s. 2011 on premium contribution increases are deferred until the end of CY 2013. Transitional premium rates apply from January 2013 to December 2013.
- Self-employed individuals. Those under the Individually Paying Program pay a minimum annual premium of PhP1,800.00, effective January to December 2013 only. Self-employed professionals earning an average monthly income of more than PhP25,000.00 pay PhP3,600.00 annually. Valid policy contracts signed before the Board Resolution stay effective until expiration.
- Overseas workers. Under the Overseas Workers Program, the minimum annual premium is PhP1,200.00, effective January 2012 to December 2013 only.
- Employed sector. From January to December 2013 only, the premium rate is 2.5% of basic monthly salary, using salary brackets. The bracket floor starts at P7,000.00 and the ceiling is P35,000.00.
Who is affected
- Self-employed individuals under the Individually Paying Program
- Self-employed professionals earning above PhP25,000.00 average monthly income
- Overseas workers
- Employed sector
Deadlines and effectivity
- Deferral until the end of CY 2013
- Employed sector rates: January to December 2013
- Overseas workers rate: January 2012 to December 2013
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
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