DIVISION MEMORANDUM: No. 77 , s. 2018 DISSEMINATION ON PHILHEALTH ADVISORY NO. 2018-0003

Republic of the Philippines

DEPAHTME3TT OF EDUCATION

Region VIII

SCHOOLS DIVISION OFFICE OF CATBALOGAN CITY

March 5, 2018

DIVISION MEMORANDUM:

No. 77     , s.   2018

DISSEMINATION ON PHILHEALTH ADVISORY NO. 2018-0003

TO:     ALL DIVISION OFFICE PERSONNEL

FIELD PUBLIC SCHOOL DISTRICT SUPERVISORS ELEMENTARY/SECONDARY SCHOOL HEADS
TEACHERS AND NON-TEACHING PERSONNEL

In connection with the above-captioned matter, enclosed hereto is the PhilHealth Advisory No. 2018-0003, RE: Sample Premium Computation of the Formal Sector, contents of which is self-explanatory.

For information and dissemination.

CRISTITO A. ECO, CESO VI Schools Division Superintendent

SAMPLE PREMIUM COMPUTATION OF THE
                          FORMAL SECTOR

In relation to PhilHealth Circular No. 2017-0024 entitled “Adjustment in the Premium Contributions of the Employed Sector to Sustain the National Health Insurance Program (NHIP),” please be advised that effective the applicable month of January 2018 and onwards, the monthly premium contributions shall be at the rate of 2.75% computed straight based on the monthly basic salary, with a salary floor of P10,000.00 and a ceiling of P40,000.00 to be equally shared by the employees and their employer.

With the removal of the salary brackets, computation shall be based on the following table:

Monthly Basic Salary
            x2.75%

P10,000 and below
  P10,000.01upto

P39.999.99
P40,000.00 and above

Monthly Premium

P275.00

P275.00upto
    PL099.99

Pl,100.00

Personal              Employer

Share                    Share

P137.50                 P137.50

P137.50upto       P137.50upto

P549.99                 P549.99
P550.00                 P550.00

In accordance with Republic Act 10361, the premium contributions of the Kasambahay shall be shouldered solely by the household employer. However, if the Kasambahay is receiving a monthly salary of five thousand pesos (P5,000.00) or above, the Kasambahay shall pay his / her proportionate share.

The Electronic Premium Remittance System (EPRS) will compute the monthly premium contributions at the rate of 2.75% based on the employees’ basic salary. The premium contributions shall be equally shared between the employee and the employer.

The amount computed shall be rounded off to the nearest hundredths to display the two

(2)digitcentavos.

Monthly Basic Salary             Monthly Premium                Personal               Employer

(MBS)                         (@2.75%ofMBS)                   Share                     Share

P8,999.99                                P275.00                         P137.50                 P137.50

Based on

PIO.OOO.OO floor

Pll.250.00                                P309.3I5                         P154.69                 P154.69

Round off to nearest hundredths = P309.38

P25,410.00                               P698.775                        P349.39                 P349.39

Round off to nearest hundredths = P698.78

P41.999.99                              PUOO.OO                      P550.00                 P550.00

Based on P40,000.00
  ceiling

If an excess of a centavo will occur when equally sharingthe computed monthly premium, deduct the excess centavo from the Employees’ share to get the monthly premium due:

Monthly          Monthly Premium

Basic Salary        (@2.75%ofMBS)

(MBS)

P22,500.00                    P618.75

(P618.76)

Premium per          Personal        Employer

Share                    Share              Share

P309.375               (P309.38)          P309.38

Round off to            P309.37* the nearest

hundredths =
     P309.38

*slnce P309.38 per share will result to total ofP6l8.76, the centavo is deducted from the Personal Share.

Additional queries or clarifications may be referred to our 24/7 Corporate Action Center Hotline at (02) 441-7442 or through actioncenter@philhealth.gov.ph.

DR. CELESTINA MA. JUDE P. DE LA SERNA

Interim/ OIC – President and CEO