House panel OK’s bill granting president power to suspend PhilHealth rate hikes - BusinessWorld Online

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House panel OK’s bill granting president power to suspend PhilHealth rate hikes - BusinessWorld Online
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A House committee approved on Wednesday a bill granting the president the power to suspend and adjust the scheduled contribution rate hikes of the state-run Philippine Health Insurance Corp. (PhilHealth). READ:

February 15, 2023 | 7:43 pmA HOUSE committee approved on Wednesday a bill granting the president the power to suspend and adjust the scheduled contribution rate hikes of the state-run Philippine Health Insurance Corp. .It is imperative that our social safety nets, like PhilHealth, do not strain its beneficiaries into paying more than they can already afford,TINGOG Party-list Rep. Jude A. Acidre, one of the authors of House Bill No. 6772, told the House committee on health.

PhilHealth officials said at the hearing that the proposed law must include provisions that will ensure government subsidy to cover the impact of rate hike suspensions.PhilHealth is a social health insurance program that also depends on the premium contributions of its members to sustain its programs,mandated increase shall be implemented upon the lifting of the national emergency or public health emergency or national calamity.

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