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A Change.org petition was made by a group of overseas Filipino workers (OFWs) to scrap the agency's directive to increase the mandatory contribution collection to 3%. [15] The petition refers to PhilHealth Circular 2020-0014, [16] dated April 2, 2020, in which the current OFW salaries are affected especially in the ongoing pandemic. [15]
By March 2024, he had authored 163 House Bills, including the Ease of Paying Taxes Act (RA 11976), the New Agrarian Emancipation Act (RA 11953), the New Philippine Passport Act (RA 11983) and the aforementioned Regional Specialty Centers Act (RA 11959). [2] Several of Reyes' proposed bills advanced to the third reading in the House of ...
This low number of personnel can be attributed to the increase in migration and resignation of Philippine nurses. [1] Comparing data from 2014 between Philippines, United States of America, and Canada, Philippines only spent 4.7% of their GDP on health while US and Canada spent 17.1% and 10.4%.
While average full coverage car insurance rates increased by $289 last year, this is less than the $336 jump from 2023 to 2024 — and experts think 2025 increases will be even more moderate.
“The Department of Health (DOH) said there are some eight million Filipinos still not covered by PhilHealth. It is our duty, in serving the public, to extend basic healthcare protection to all our people. That is why we pushed for the augmentation of the PhilHealth’s budget so that in 2017, we achieve universal healthcare coverage,” she said.
The national average rate for savings accounts will be 0.3 percent by the end of 2024, McBride forecasts, while predicting an average of 0.35 percent for money market accounts.
Interest rates on certificates of deposits (CDs) increased substantially from 2022 to 2023—in lockstep with Federal Reserve rate hikes. Now, the national deposit rate for five-year CDs is 1.43% ...
On June 10, 2024, SSS President Rolando Ledesma Macasaet re-branded the 'Worker’s Investment and Savings Program' (WISP) to 'MySSS Pension Booster', which offers a 7.2% annual rate of return to upgrade retirement and savings in line with Social Security Act of 2018 reforms.