President Ferdinand Marcos Jr. is currently reviewing the recommendation to suspend the increase in premium contributions to the Philippine Health Insurance Corp. (PhilHealth), according to a statement from Malacañang. The decision comes after PhilHealth President and Chief Executive Officer Emmanuel Ledesma Jr. claimed that the President did not oppose the PhilHealth premium hike. However, Presidential Communications Secretary Cheloy Garafil clarified that Marcos is still studying the proposal.
“The review is still ongoing. The President wants to ensure that any increase in premium will substantially provide greater value in terms of benefits and coverage to PhilHealth members,” she said.
The increase in premium contributions is mandated under the Universal Health Care Law, which was signed in 2019. It directs PhilHealth contributions to go up by 5 percent this year. The premium contribution rose to 3 percent in 2020 and was set to increase by 0.5 percent yearly until it reached the target.
In light of the prevailing socioeconomic challenges brought about by the Covid-19 pandemic, Marcos ordered PhilHealth to suspend the premium rate increase and income ceiling for 2023. This decision aims to alleviate the burden faced by the public during these challenging times.
If the implementation of the premium rate hike this year pushes through, those earning P10,000 a month would contribute P500. However, Health Secretary Teodoro Herbosa has recommended the suspension of the implementation of higher premiums due to the already rising prices of commodities. Herbosa, who also serves as the chairman of the PhilHealth board of directors, believes that delaying the increase would not have a significant impact on PhilHealth’s ability to provide benefits.
“I think PhilHealth has enough money to actually continue to give benefits,” he said.
The President’s deliberation on the recommendation to suspend the premium hike demonstrates his commitment to ensuring that any increase in premium contributions is justified by the corresponding benefits and coverage provided to PhilHealth members. This careful consideration is crucial in light of the economic challenges faced by the public due to the ongoing pandemic.
The Universal Health Care Law aims to provide accessible and quality healthcare services to all Filipinos. While the increase in premium contributions is a necessary step to achieve this goal, it is essential to strike a balance between the financial burden on individuals and the benefits they receive in return. The President’s review of the proposal reflects his dedication to making informed decisions that prioritize the welfare of the Filipino people.
As the review process continues, it is important to recognize the significance of PhilHealth’s role in providing healthcare coverage to the population. The organization plays a vital role in ensuring that individuals have access to necessary medical services and financial protection in times of illness or medical emergencies. Therefore, any decision regarding premium contributions should consider the impact on both the organization’s financial stability and the affordability of healthcare for the public.
In conclusion, President Marcos Jr. is carefully considering the recommendation to suspend the increase in premium contributions to PhilHealth. His aim is to ensure that any adjustment in premiums aligns with the corresponding benefits and coverage provided to PhilHealth members. This decision-making process reflects the President’s commitment to the well-being of the Filipino people, especially during these challenging times.
Source: The Manila Times
