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    Philhealth Circular 2016-0034 PDF

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    Philhealth Circular 2016-0034 PDF

    Uploaded by

    jeanvaljean999
    293 views4 pages

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    Philhealth Circular 2016-0034.pdf

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    293 views4 pages

    Philhealth Circular 2016-0034 PDF

    Uploaded by

    jeanvaljean999

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    (

    Republic of the Philippines


    PHiLSPPSME HEALTH INSURANCE CORPORATION
    Citystate Centre, 709 Shaw Boulevard, Pasig City
    V
    i Call Center (02)441-7442 Tninkline (02) 441-7444
    w^'w.philhealth.gov.ph

    PHILHEALTH CIRCULAR
    No. " OPS^

    TO ALL EMPLOYERS IN THE GOVERNMENT AND


    PRIVATE SECTORS, PHILHEALTH OFFICES AND ALL
    OTHERS CONCERNED

    SUBJECT Compounded Computation of Interests and/ot Surcharges


    on Delayed Employei: Remittances

    I. RATIONALE

    Republic Act 10606, otherwise known as the National Health Insurance Act of 2013,
    provides the Philippine Health Insurance Corporation the authority to impose interests
    and/or surcharges on delayed premium remittances. Section 16(v) of the Act states that
    "notwithstanding the provisions of any law to the contrary, to impose iuterest and/or
    surcharges of not exceeding three percent (3%) per month, as may be fixed by the
    Corporation, in case of any delay in the remittance of contributions which are due within
    the prescribed period by and employer, whether public or private. Xxx ".

    By vittue hereof and as authorized by the PhilHealth Board through PhilHealth Board
    Resolution No. 2132, s-2016 issued on July 26, 2016, the Corporation hereby imposes a
    compounded computation of interests and/or surcharges on delayed employer
    remittances starting the applicable month of October 2016 onwards.

    II. GENERAL GUIDELINES

    Interests and/or surcharges for late payments by employers both in the government and
    private sectors, except employers of Kasambahay, shall be computed as follows:
    t

    Interests and/or surcharges = Principal amount x 2% m Php200.00,


    whichever is higher, compounded monthly
    based on the number of months delayed.

    1. The principal amount shall refer to any of the following, whichever is applicable:

    a. The amount indicated in the Statement of Premium Account (SPA); or


    b. The amount indicated ia the PhilHealth Official Receipt (PGR)/PhilHealth
    Agent's Receipt (PAR), in case of multiple payments for one applicable period.

    2. The number of months delayed is determined from the day immediately after the
    deadline to the actual date of payment or remittance, iuclusive of Saturdays, Sundays
    and hoHdays.

    -< teamphilhealth www.facebook.com/PhilHealtPYouiill www.youtube.com/teamphilhealth^P [email protected]


    3. A fraction of a month shall be computed as one whole month delayed; i.e. premium
    contribution delayed for 1 day shall already be considered a delay for one month.

    4. The amount payable indicated in the SPA shall pertain to the following:

    a. The total premium due for the applicable month; and


    b. The interests and/or surcharges incurred from the previous month/s' late
    payment of contributions.

    To clarify the abovementioned provisions further, the following are hereby proferred as
    illustrations:

    Example 1:
    Employer A, with premium due every of the month following the applicable
    month, pays the premium for the applicable month of January 2017 on May 25,
    2017. The interest shall then be computed as:

    Applicable period: January 2017


    Due date: February 15, 2017
    Premium paid: Php2,000.00
    Payment date: May 25, 2017
    Interest incurred:
    Febl6-Marl5: Php2,000 X 2% (or Php200, whichever is higher)
    = Php40.00 Php200.00
    Mar 16 - Apr 15: Php2,200 X 2% (or Php200, whichever is higher)
    = Php44r00 Php200.00
    Apr 16 May 15: Php2,400 X 2% (or Php200, whichever is higher)

    May 16 May 25: Php2,600 X 2% (or Php200, whichever is higher)


    = Php52.00 Php200.00
    Interest and/or surcharge incurred: PhpSOO.OO

    Example 2:
    Employer B, with premium due every 15' of the month following the applicable
    month, remits the premium for the applicable months of January to March 2017 on
    April 15, 2017. The interests and/or surcharges for the delayed premiums paid shall
    be computed per applicable month to wit:

    For the applicable month ofJanuary 2017:


    Applicable period: January 2017
    Due date: February 15, 2017
    Premium paid: Php2,000.00
    Payment date: April 15, 2017
    o
    Interest incurred:
    Feb 16-Mar 15: Php2,000 X 2% (or Php200, whichever is higher)
    o
    - Php10.00 Php200.00
    o Mar 16 Apr 15: Php2,200 X 2% (or Php200, whichever is higher)
    - Phpll.OO Php200.00
    Interest and/or surcharge incurred: Php400.00

    ^7'teamphilhealthSl www.facebook.com/PhilHealtfYou|^www.youtube.com/teamphilhealth^p [email protected]


    For the applicable month of February 2017:
    Applicable penod: February 2017
    Due date: March 15, 2017
    Premium paid: Php2,000.00
    Payment date: April 15, 2017
    Interest incurred:
    Mar 16 Apr 15: Php2,000 X 2% (or Php200, whichever is higher)
    - Php 11.00 Php200.00
    Interest and/or snrcharg^e incurred: Php200.00

    For the applicable month of March 2017:


    AppKcable penod: March 2017
    Due date: April 15, 2017
    Premium paid: Php2,000.00
    Payment date: April 15, 2017
    No. of months delayed: 0 month

    Example 3:
    Employer C's premium is due every 15'^ of the month following the applicable
    month. However, multiple payments were made for the applicable month ofJanuary
    2017 on Febmary 18, 2017 (PhpSOO.OO), March 20,2017 (Phpl,000.00), and April 15,
    2017 (PhpSOO.OO). The interests shall then be computed on a per-transaction basis to
    wit:

    For the applicable month ofJanuary 2017:


    Applicable period: January 2017
    Due date: February 15, 2017

    Premium paid: PhpSOO.OO


    Payment date: February 18, 2017
    Interest incurred:
    Febl6-Marl5 PhpSOO X 2% (or Php200, whichever is higher)

    Interest and/or surcharge incurred: Php200.00

    Premium paid: Phpl,000.00


    Payment date: March 20,2017
    Interest incurred:
    Feb 16-Mar 15 Php1,000 X 2% (or Php200, whichever is higher)
    = Php20.00 Php200.00
    Mar 16 Mar 20: Php1,200 X 2% (or Php200, whichever is higher)
    = Php21.00 Php200.00
    w, Interest and/or surcharge incurred: Php400.00

    Premium paid: PhpSOO.OO


    Payment date: April 15, 2017
    O
    Interest incurred:
    Feb 16-Mar 15: PhpSOO X 2% (or Php200, whichever is higher)

    '' teamphilhealth^ www.facebook.com/Phill-lealtfYouiS www.ynutijhp.rnm/tpamphilhealth^p [email protected]


    = PhplO.OO Php200.00
    Mar 16 Apr 15; Php700 X 2% (or Php200, whichever is higher)
    = Phpl AOO Php200.00
    Interest and/or surcharge incurred: Php400.00

    Total interest and/or surcharge incurred: Phpl,000.00

    III. REPEALING CLAUSE

    Provisions of PhilHealth Circular Nos. 004-2013 and 019-2015 relative to the formula on
    computing the applicable interests and/or surcharges on delayed employer remittances
    which are inconsistent with this Circular are hereby repealed or modified accordingly.

    If any part, section or provision of this Circular is declared void or invalid by competent
    Courts, the other parts, sections or provisions hereof not affected thereby shall remain in
    full force and effect.

    IV. EFFECTIVITY

    The guidelines stated in this Circular shall be appUed to late payments starting the
    applicable month ofJanuary 2017 onwards.

    This Circular shall be published in any newspaper of general circulation and shall be
    deposited with the National Administrative Register at the University of the Philippines
    Law Center.

    ON F. ARISTOZAJR.
    Ac ng President and (LEO

    Date signed: lA

    teamphilhealth www.facebook.com/PhilHealth www.youtube.com/teamphilhealth [email protected]

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