Banx Media Platform logo
POLITICSHappening Now

Marcos Orders PhilHealth to Waive Interest on Unpaid Dues

President Marcos ordered PhilHealth to waive interest on unpaid contributions to ease the burden on employers and members, encourage settlements, and improve compliance while requiring payment of principal dues.

R

Rgtivd

EXPERIENCED
5 min read
27 Views
Credibility Score: 83/100
Marcos Orders PhilHealth to Waive Interest on Unpaid Dues

President Ferdinand Marcos Jr. has ordered the Philippine Health Insurance Corporation (PhilHealth) to waive interest charges on unpaid premium contributions, aiming to ease the financial burden on employers, local governments, and individual members with arrears.

Malacañang said the directive is intended to encourage the settlement of outstanding obligations without the added pressure of accumulated penalties, particularly for struggling sectors still recovering from economic disruptions. The move is also expected to improve overall compliance and boost PhilHealth’s collection efficiency.

Under the order, PhilHealth will issue guidelines covering the scope and duration of the interest waiver, as well as the process for availing of the relief. Employers and members with unpaid dues are urged to settle their obligations within the prescribed period to benefit from the measure.

The administration emphasized that while interest charges will be waived, the payment of principal contributions remains mandatory to ensure the sustainability of the national health insurance fund and uninterrupted healthcare benefits for members.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
Trump Warns Canada After Trade Talks Collapse

Trump Warns Canada After Trade Talks Collapse

teach Canada a lesson, days after negotiations between neighboring countries broke down.

U.S. Says Chinese Hackers Breached Justice Department, NASA, Federal Reserve, and Senate

U.S. Says Chinese Hackers Breached Justice Department, NASA, Federal Reserve, and Senate

The U.S. says Chinese hackers breached systems at the Justice Department, NASA, Federal Reserve, and Senate in a coordinated campaign.

Ukraine Says U.S. Chips Outnumber Chinese Components in Russian Missiles

Ukraine Says U.S. Chips Outnumber Chinese Components in Russian Missiles

Ukraine says U.S.-made chips outnumber Chinese components in Russian missiles, raising questions about sanctions and supply chains used in production.