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Suspension of PhilHealth contributions sought for minimum wage earners

An economist-lawmaker from the House of Representatives has proposed to suspend the Philippine Health Insurance Corp. premium contributions of all minimum wage earners to increase their take-home pay......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

PhilHealth backs Speaker’s call for better benefit packages

Executives of the Philippine Health Insurance Corp. have thrown their support behind the call of House Speaker Martin Romualdez for the state insurer to enhance their service and benefit packages for members and their dependents......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

PDIC studying increase in bank deposit protection limit

The Philippine Deposit Insurance Corp said that it is conducting a study to determine if the current protection limit of P500,000 should be increased along with the introduction of other measures to “instill market discipline”......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Free PhilHealth coverage OK’d for solo parents

Single parents will now be entitled to free coverage of the state-run Philippine Health Insurance Corp. as provided under the law expanding the economic benefits for single fathers and mothers, a senior administration lawmaker disclosed yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

PhilHealth members get SM shopping discount

A shopping discount awaits members of the Philippine Health Insurance Corp. at all SM branches nationwide as part of PhilHealth’s 29th anniversary tomorrow......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Speaker wants bigger PhilHealth share in private hospitalization

The Philippine Health Insurance Corp. should bear more of the costs of hospitalization, including the medical bills and doctors’ fees incurred by patients admitted in private hospitals, Speaker Martin Romualdez said on Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Rombaon, Krogg road race queens

Avegail Rombaon and Mathilda Krogg made Team Philippine Navy-Standard Insurance proud by sweeping the women’s road race titles in the PhilCycling National Championships for Road 2024 in Cavite and Batangas yesterday......»»

Category: sportsSource:  philstarRelated NewsFeb 9th, 2024

GSIS earmarks P44 million for emergency loans

State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Full PhilHealth coverage for cancer treatment, major surgeries pushed

The Philippine Health Insurance Corp. should have full coverage of cancer treatments, heart bypass and other major operations, a party-list lawmaker said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Navymen finish 1-2-3 in criterium race

Philippine Navy-Standard Insurance swept the men’s elite race and the usual suspects kept their grip on their gold medals in the criterium races of the PhilCycling National Championships for Road 2024 last Monday at the Tagaytay City Atrium......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

Universal Health Care Program to benefit 288,000 Lumads in Agusan Sur

SAN FRANCISCO, Agusan del Sur (MindaNews / 31 January)—The Universal Health Care (UHC) program launched by the Philippine Health Insurance Corporation (PhilHealth) here starting January 1 this year is set to benefit the 288,353 indigenous peoples (IPs) in this landlocked province. The UHC beneficiaries—hailing from the Manobo, Higaonon, Banwaon, and Tala-andig tribes—reside in geographically isolated, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

P115 million worth of properties up for auction

State-run Philippine Deposit Insurance Corp. is set to dispose P115.1 million worth of various properties of padlocked banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

HMOs, insurers undertaking study on morbidity

A morbidity study among health maintenance organizations (HMOs) and insurance firms is underway in order to assess current market rates and capitalization requirements......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Philippines slightly upgrades GDP growth to 6 pct in Q3

MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Explained: PDIC and How It Works

At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

IC collects over P500 million fees in 2023

The government collected more than P500 million in registration and supervision fees from insurance firms last year......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

IC plans to increase CMVLI coverage to P200,000

The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Korea s K.H. Lee seeks happy days ahead of Farmers Insurance Open

Korean star K.H. Lee has gone back to his happy-go-lucky ways as he attempts to regain his place among the upper echelons on the PGA Tour and the world’s Top 50......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

BPI AIA named best life insurer in Philippines

BPI AIA Life Assurance Corp. has been recognized as the best life insurance company in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024