As the dust from the recent election begins to settle, another surprise begins to unravel. And that is the (long-awaited?) Philhealth increase.
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If things goes as planned, this year's Philhealth contribution is clocked at 4%. But because of the pandemic, the increase was paused and maintained the 3% hike.
I've created a calculator for this when 2022 started reflecting the 4% increase but changed it back to 3% to be in line with the actual contribution hike.
But now that PhilHealth will implement the 4% hike, I've updated the calculator again to reflect the recent changes.
Visit the PhilHealth Contribution Calculator for 2022
PhilHealth will implement the 4% hike retroactively. This means that from January to May 2022 (5 months), a total of 5% will be added on top of the 4% contribution increase this coming June 2022.
Closing Thoughts
Will they add the 5% deduction directly in one go or implement a staggered deduction scheme?
Once June 2022 comes in, we will know.
Resources:
- https://www.philhealth.gov.ph/advisories/2022/adv2022-0010.pdf
- https://mb.com.ph/2022/05/04/philhealth-to-implement-new-contribution-rate-starting-june
- https://newsinfo.inquirer.net/1597363/philhealth-contribution-hike-starting-june-retroactive-from-january
What you should do today
Is your pocket ready for this new expense?
What should we do to lessen the burden?
If you have ideas that can help our fellow readers out there, share your perspective in the comments below.
Read Next Article: PhilHealth Contribution Calculator for 2022
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