Effective January 2022, PhilHealth will still retain its 3% premium rate from the year 2020 instead of using the planned 4% increase for 2022. The lowest combined (employer-employee) contribution amount will be Php300, while the ceiling contribution is Php1800.
"bookkeeping-accounting-taxes" by Firmbee is licensed under CC0 |
Resources:
- 01.05.2021-philhealth-memo.pdf
- Escudero-seeks-continued-deferment-of-philhealth-premium-contribution-hike-for-2022
Effective January 2022, the PhilHealth contribution will (again) increase. The lowest combined (employer-employee) contribution amount will be Php400, while the ceiling contribution is Php3200.. This increase will continue until 2025 at a rate of 0.50% per year. Meaning, by 2025, the PhilHealth premium rate will be 5%.
Read the article New PhilHealth Contribution Table Effective 2020 to learn more.
PhilHealth Contribution Calculator for 2022
Instruction: Do not add a comma when inputting values. For example, you need to enter 1700 instead of 1,700 to calculate the values correctly.
Formula: | |
(Monthly Basic Salary x Contribution Percentage) divided by 2 |
Your Contribution | Your Employer's Contribution | Total |
Your Yearly Contribution | ||
Combined Yearly Contribution |
Closing Thoughts
Thanks to Retired Playboy for sharing his perspective in the comments below, which allowed me to fix the issue.
For example, if your monthly salary is Php30,000, your monthly PhilHealth contribution based on the new premium rate is Php600.00. There is a Php75.00 increase compared to last year's premium rate of Php525.00.
Use the PhilHealth Contribution Calculator for 2021 for comparison.
Quote