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PhilHealth & SSS Members Higher Monthly Contributions Started - Philippine News

PhilHealth & SSS Members Higher Monthly Contributions Started

Members of the Philippine Health Insurance Corporation (PhilHealth) and the Social Security System (SSS) will have to pay higher monthly contributions starting on Wednesday, January 1, 2014.

SSS Philhealth

All PhilHealth members who are currently employed will have to pay a monthly contributions of P200.00 instead of the previous contribution of P175.00. For self-employed PhilHealth members who used to pay P150, they are now required to contribute P200.00.

Last October 2013, PhilHealth announced that individually paying members (IPM’s) with a monthly income of P25,000 and below will have to pay around P2,400 annual premiums.

PhilHealth members with an income of more than P25,000 they shall continue to pay P3,600 in annual premiums.

For the Social Security System (SSS) members they will be contributing 0.3 percent more each month. For self-employed, Overseas Filipino Workers (OFW) and voluntary members they are required to pay 0.6% more on their monthly contributions.

During the 2013 State of the Nation Address of President Aquino he mentioned the needs of increasing the SSS contributions of members. SSS CEO Emilio de Quiros explained the reasons behind the increase on the monthly contributions through a press release last July 2013.

For the new computation of the SSS Monthly Contributions just click the link provided below:

2014 Monthly Contributions Table for SSS Members

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