House panel approves suspension of SSS rate hike By JON VIKTOR D. CABUENAS, GMA News
Published January 21, 2021 12:38pm The proposed suspension of the increase in the contribution rate of the Social Security System (SSS) was approved at the committee level on Thursday, given the negative impact of the coronavirus disease 2019 (COVID-19). At a virtual hearing, the House of Representatives Committee on Government Enterprises and Privatization approved measures seeking to defer the hike to be implemented this month, increasing monthly contributions of the SSS to 13% of the salaries of members from the current 12%. Several bills were consolidated with House Bill 8317 introduced by House Speaker Lord Allan Jay Velasco which gives authority to the President to suspend the scheduled increases in SSS contribution rates moving forward.
Press Release
Zubiri Files Bill Suspending Increase in PhilHealth Premium Contributions
Senate Majority Leader Juan Miguel Zubiri, along with Sens. Grace Poe, Joel Villanueva, Nancy Binay, Win Gatchalian, and Sonny Angara, have filed Senate Bill 1968, amending the Universal Health Care Act (UHC Act) to suspend the scheduled increase in Philippine Health Insurance Corporation (PhilHealth) premium contributions.
In the UHC Act, under which all Filipino citizens are part of the National Health Insurance Program, PhilHealth premium contributions are scheduled to increase annually in increments of 0.5 percent of an individual s monthly basic salary beginning 2021 until 2025.
But owing to the current pandemic and its attendant economic impact on the Filipino people, this bill seeks to amend the UHC Act to postpone the scheduled increase to the year after any given public health emergency.
SunStar
(SunStar Baguio File) December 30, 2020 THE Philippine Health Insurance Corporation (PhilHealth) is pushing through with its premium rate adjustment in 2021 despite the difficulties brought by the coronavirus disease 2019 (Covid-19) pandemic.
In a statement, PhilHealth president and chief executive officer Dante Gierran said the adjustment is required by the Universal Health Care (UHC) Law to finance the various reforms specified under the law. PhilHealth fully recognizes the current pandemic situation that is taking its toll on many businesses and livelihood of many Filipinos. However, it is bound to implement the UHC Law, said Gierran. PhiiHealth is therefore implementing the scheduled contribution rate and adjustment in income ceiling for 2021 to ensure sufficient funding for the healthcare benefits of its 110 million members, he added.
President Rodrigo Roa Duterte leads the ceremonial signing of the 2021 General Appropriations Act (GAA) at the Malacañan Palace on December 28, 2020. KING RODRIGUEZ/ PRESIDENTIAL PHOTO
MANILA – President Rodrigo Duterte on Monday signed the PHP4.5-trillion national budget for 2021 which is expected to boost the government’s efforts to effectively respond to the challenges of the coronavirus disease 2019 (Covid-19) pandemic and provide critical measures to aid the economic and social sectors.
Duterte signed Republic Act (R.A) No. 11518 in a ceremony in Malacañan Palace just three days after Christmas.
R.A. 11518 aims to help address the Covid-19 pandemic, boost infrastructure development, generate job opportunities, and rebuild by assisting communities adapt to the post-pandemic life.
Duterte signs P4 5T budget for 2021 visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.