A lawmaker over the weekend commended the Home Development Mutual or Pag-IBIG Fund for not implementing an increase in members’ contributions this year.
Following Malacañang’s order, the Philippine Health Insurance Corporation did not push through with its planned contributions hike.
“This was continually deferred in recognition of the continuing effects of the pandemic to both the business community and our members,” Pag-IBIG said.
“It is good that Pag-IBIG listened and is sensitive to the plight of our countrymen who are still reeling from the Covid pandemic and the economic crises,” Castro said in response to Pag-IBIG’s statement.
Prior to Malacañang’s order, it was anticipated that PhilHealth’s premium rate would increase from 4 percent to 4.5 percent this year. The income limit was also supposed to rise from P80,000 to P90,000.
Castro stressed that the Social Security System and the Government Service Insurance System should do the same to help their members.
The SSS said it would proceed with the scheduled contribution rate increase to 14 percent from 13 percent this year.