Philhealth Advisory

RE-IMPOSITION OF INTEREST ON LATE AND NON-REMITTANCE OF PREMIUM CONTRIBUTIONS


Section 20 of the Revised Implementing Rules and Regulations of R.A. 7875 or the National
Health Insurance Act of 1995, as amended, provides that the member’s monthly contribution
shall be deducted and withheld automatically by the employer from the former’s salary, wage
or earnings, and shall be remitted by the employer on or before the tenth (10th) calendar day
of the month following the applicable month for which the payment is due and applicable.

To strictly enforce the provision of the law and to effectively and accurately monitor and
ascertain compliance to premium contribution remittance and compute premium arrearages
for proper enforcement of interests and penalties on employer delinquency, the PhilHealth
Board, through Board Resolution No. 1669, series of 2012, had resolved and approved the
adoption and institutionalization of PhilHealth Accounts Management System (PAMS) which
include, among others the effective implementation of the policy on “Re-imposition of Interest
on Non-remittance and Late Premium Remittances and Arrearages.”

Through PhilHealth Circular No. 004, Series of 2013, which took effect on April 12, 2013
(fifteen (15) days after its publication in the newspaper of general circulation last March 28,
2013), ALL premium contribution payments or any balance thereof that have not been paid
or remitted to PhilHealth after they became due and payable shall incur a monthly interest
rate of two percent (2%), which shall be charged against delinquent or erring employers, and
which shall be computed as follows:

Interest = Remittable Amount x 2% x Number of Days Delayed
 30 Days

Thus, effective APRIL 12, 2013, Premium remittances that remained unpaid upon the
effectivity date or after the respective due date shall incur the prescribed interests. Settlement
thereof shall be made separately and directly to the PRO/LHIO that manages the accounts
of the employers. Corollary, ALL Accredited Collecting Agents (ACAs) are hereby instructed
NOT TO ACCEPT any late payments from the erring employers. Instead, to inform the latter
to settle their late remittances to the PRO/LHIO that has jurisdiction over their accounts.
For guidance of all concerned

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