PhilHealth plans to cut premium rates and enhance member benefits in the Philippines

PhilHealth officials have pledged to lower premium contributions while increasing benefits for members. This commitment follows criticism from lawmakers about the organization’s focus on investments rather than providing adequate healthcare support. PhilHealth President Emmanuel Ledesma indicated that contributions could decrease from 5% to 3.25% of earnings. This comes as lawmakers question the allocation of funds, noting that excess funds should enhance benefits and reduce member contributions. Despite concerns over a zero government subsidy for 2025, PhilHealth maintains a surplus of P600 billion. Officials assert that the organization is financially stable and can support member benefits for the upcoming year.