Manila, Philippines(Updated) – Philippine Health Insurance Corporation “PhilHealth” stated an increased Premium Payments for Overseas Filipino Worker “OFW” contributions to 3% of their monthly salary.
PhilHealth Circular 2020-0014, it stated on this document that starting 2020 OFW’s will now pay 3% of their monthly salary from 2.75% in 2019. The premium payment shall be computed based on their monthly salary to be paid in Philippine peso. It also stated in Circular 2020-0014 that was signed by Philhealth President and CEO, Ricardo Morales in April 2020 that Premium Payments for OFW’s will be 5% in the year 2025.
Premium Payments subjected to this new Circular 2020-0014
- OFW land-based
- OFW sea-based
- Filipinos with Dual Citizen
When to start paying premium contributions?
Starting 2020 is the transition year, paying PHP2,400.00 shall be served as initial payment, the member can then opt to pay the balance in full or by quarterly.
How to calculate my Premium Contribution as Overseas Filipino?
The contribution will be based on the monthly salary of an OFW. Example, if you have a salary of 30,000 in Pesos, your premium contribution of that month will be PHP900.
Premium Contribution = salary in a month x 0.03
What if I did not pay the premium contribution after the due date?
According to circular 2020-0014 member will pay all missed contributions with monthly interest.
Mode of Payment
- for land-based OFW’s, payment can be made quarterly or full in 12 month period
- for sea-based OFW’s, payment is monthly deduction by their Manning Agencies/Employers.
Does advance payment of premium contributions are allowed?
Advance payment is allowed based on the length of a valid contract of your employer abroad and on the current applicable premium rate, see table above.
Documents needed to prove my monthly salary
Any of the following below can be presented, subject to PhilHealth Validation when paying Premium Payment.
- Land-based OFW’s
- Employment Contract
- Overseas Employment Certificate “OEC”
- Overseas Employment Offer Letter
- Certificate of Employment with Income
- other documents PhilHealth may accept
- Seafarers or other sea-based workers (on vacation or separated)
- Certification from Manning Agency
- Filipinos with dual citizenship and other Filipinos living abroad
- income tax return
- notarized affidavit of income declaration
- other acceptable proof of income, subject to PhilHealth Validation
Updated: Duterte orders PhilHealth to suspends premium payments
: The view and opinions expressed in this blog post are that of the author and do not in any way represents the agency or department he/she currently belongs to. Further, this information should not be interpreted as an endorsement of any specific provider, service or offering.