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Sample Computations of PhilHealth Premium Out News Archives

April 3, 2018 2018
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IN relation to the recent adjustment in premium 2014
contribution rate for the employed sector, the 2013
2012
Philippine Health Insurance Corporation (PhilHealth) 2011
provided employers with sample computations of
the premium rate for proper guidance.

Through PhilHealth Advisory 2018-0003, PhilHealth

presented sample computations applying the
adjusted rate of 2.75 percent to the monthly basic
salary of an employee. With the salary floor and
ceiling moved to P10,000.00 and P40,000.00,
respectively, workers earning P10,000.00 and below
will pay a monthly premium of P137.50 and their
employers will provide a counterpart amount of
P137.50 per month.

Employees whose monthly incomes range from

P10,000.01 to P39,999.99 will have to contribute
from P137.50 up to P549.99 per month, while their
employers will provide equal amounts as
counterpart contributions.

On the other hand, those earning P40,000.00 and

above will be contributing a fixed premium of
P550.00 each month, while a counterpart amount of
P550.00 will be provided by their employers.

For kasambahays who earn less than P5,000.00 a

month, their PhilHealth contribution will solely be
paid for by their employer. However, kasambahays
receiving P5,000.00 or more per month shall pay
their proportionate monthly share.

In order to come up with a two-digit centavo

computation of the premium contribution, the
computed amount shall be rounded off to the
nearest hundredths. For instance, an employee
whose monthly basic salary is P11,250.00, will merit
a P309.375 premium. Following the round off, the
monthly contribution is P309.38, an amount that will
be divided equally with the employer.

At the same time, the premium contribution of an

employee whose monthly basic salary is P25,410.00
is P698.775, an amount that will be rounded off to
the nearest hundredths, or P698.78. Thus, the
employee will be paying P349.39, while the
employer will also pay P349.39.

Further, if an excess centavo will occur when

equally sharing the computed monthly premium, the
excess is deducted from the employee’s share. For
example, the monthly premium contribution of an
employee whose monthly basic salary is P22,500.00
is equivalent to P618.75 which, when divided
equally, will result to P309.37 to be deducted from
the employee, and P309.38 to be deducted from the
employer.

Further inquiries on this new development may be

referred to PhilHealth’s 24/7 Corporate Action
Center Hotline, (02) 441-7442. E-mails may also be
sent to actioncenter@philhealth.gov.ph for
clarifications, comments, and suggestions. For more
updates, members and stakeholders are
encouraged to follow PhilHealth on Twitter
(@teamphilhealth) and Facebook
(facebook.com/PhilHealth). (END) (Jan Joseph C.
Rico)
(Reference: Dr. Israel Francis A. Pargas, Head Executive
Assistant and Concurrent OIC-Vice President for
Corporate Affairs Group, Cel No. 0917-8089399)

© 2014 Philippine Health Insurance Corporation | Citystate Centre, 709 Shaw Boulevard 1603 Pasig City | Call Center (+632) 441-7442