MindaNews » PhilHealth to increase members’ contribution from P1,200 to P2,400.

February 6, 2012

DAVAO CITY – The Philippine Health Insurance Corporation is looking at increasing contribution of its members from P1,200 to P2,400  effective July 1, Dr. Eduardo Banzon, president and chief executive officer, said.

Banzon said the increase on contribution is based on Circular 22  approved last December. Under this circular, members can avail of the old rate by paying their contribution before June 30. They can also avail of the rate if they pay their 2013 contribution before the deadline.

By July 1, members, including those newly-registered will have to pay an annual contribution of P2,400, he said.

But Banzon added, “pwede pa siya maglock in sa old rate kung magsign siya ng (they can lock in on the old rate if they sign a) memorandum of agreement and commit to pay their contribution of two consecutive years.”

Banzon said PhilHealth hopes to double its collection from P32 billion last year to P60 billion this year.

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