The Philippine Health Insurance Corporation (PhilHealth) finally confirmed that it is pushing through its plan to raise the current premium rates from four to five percent Friday, January 12.
At a press conference, PhilHealth President and CEO Emmanuel Ledesma, Jr. said increasing its premium rates is needed to sustain increased coverage programs for the six “most prevalent” illnesses among Filipinos, including stroke and pneumonia. Some sectors have earlier urged PhilHealth to suspend or postpone its plan to increase members’ contributions in light of the current high prices of basic commodities and services.
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