Filipinos in UAE now required to pay 3% of salary for Philippine health insurance

  • Date: 01-May-2020
  • Source: Khaleej Times
  • Sector:Healthcare
  • Country:UAE
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Filipinos in UAE now required to pay 3% of salary for Philippine health insurance

Starting this year, Filipinos in the UAE and across the world are required to pay three per cent of their income to the Philippine Health Insurance Corporation (PhilHealth), the authority reiterated in its latest circular.. The increase in PhilHealth premiums was rolled out late last year and, on April 22, the corporation published a detailed circular elaborating on the contribution and collection of payment from overseas Filipino members.. If one's monthly salary is higher than Dh4,385, the individual will still pay P1,800 (Dh132)��every month, or the three per cent of the income ceiling.. While the premium is computed based on the monthly income, payment shall be made every three-month, six-month or full 12-month period," the circular said.. It added that 2020 will serve as the transition year, so an initial payment of P2,400 (Dh175) can be made to meet the new policy requirements.. The remaining balance shall be settled within the year. ". A member who fails to pay the premium after the due date set by the corporation shall be required to pay all missed contributions with monthly compounded interest," it said. ". By January 1, 2021, the minimum acceptable initial payment is a three-month premium based on the