The Philippine Health Insurance Corporation (PhilHealth) released Advisory No. 2022-0010 last May 11, 2022 to inform the public of the adjusted premium rate for PhilHealth members for CY 2022. Based on Republic Act No. 11223 or the Universal Health Care Act, the premium rates should increase by 0.5 percent annually which started last 2019.
With the release of the recent advisory, the premium rate for CY 2022 is now at 4 percent for those with an income floor of P10.000.00 and an income ceiling of P80,000. Below is the detailed contribution schedule for CY 2022:
Philhealth Premium Contribution Table
| Year | Premium Rate | Income Floor | Income Ceiling |
|---|---|---|---|
| 2019 | 2.75% | Php 10,000 | Php 50,000 |
| 2020 | 3.00% | Php 10,000 | Php 60,000 |
| 2021 | 3.50% | Php 10,000 | Php 70,000 |
| 2022 | 4.00% | Php 10,000 | Php 80,000 |
| 2023 | 4.50% | Php 10,000 | Php 90,000 |
| 2024 | 5.00% | Php 10,000 | Php 100,000 |
| 2025 | 5.00% | Php 10,000 | Php 100,000 |
In accordance with the Universal Health Care Act, Philhealth has issued Advisory No. 2022 – 0010 announcing the scheduled increase for all Direct Contributors.
For January to May 2022, members and employers who have already paid their contributions are further advised to generate the corresponding Statement of Premium Account (SPA) for the paid periods to allow them to settle the 1% differential payments or remittances until Dec. 31. Since the payrolls for these periods had already been disbursed to the employees, the 1% differential payments or remittances can only be deducted prospectively in the coming payroll periods.
Employers will have to contend with additional administrative work in handling the amortization of the 1% differential payments or remittances from their employees’ payroll until these are fully paid within the timeframe prescribed by PhilHealth. To manage the employees’ expectations of their cash flows, the employers may offer a staggered deduction of the 1% differential payments or remittances for the remaining period of the calendar year, which is July to December 2022, instead of a lump sum deduction.