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The Philippine Health Insurance Corporation (PhilHealth) is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines that provides health insurance to the country. It was created on 1995 to implement universal health coverage in the Philippines , and is attached to the Department of Health .
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
Senator Loren Legarda, chair of the Senate committee on finance said that the proposed ₱3.35-trillion national budget for 2017 will provide healthcare assistance to all Filipinos, and an additional ₱3 billion was allocated to the Philippine Health Insurance Corporation (PhilHealth) to ensure coverage for all Filipinos. “The Department of ...
The SSS PESO (Personal Equity Savings Option) Fund is a voluntary savings program that members can utilize to augment their retirement benefits from the regular membership. [20] Launched in September 2014, it is a provident fund that gives tax-free returns and it can be made available effective upon the retirement of the members or when certain ...
The maximum contribution for self-only coverage is $4,300 ($4,150 in 2024). The maximum contribution for family coverage is $8,550 ($8,300 in 2024). Those age 55 and older can make an additional ...
This act, also known as "Barangay Health Workers' Benefits and Incentives Act of 1995", recognizes the need for primary health care and organizes health workers to promote health empowerment. [ 4 ] Barangay health workers are a type of community health workers and act as health advocates and educators within their communities. [ 5 ]
PhilHealth benefits According to Republic Act No. 7875 , as amended by Republic Act No. 9241 , "The National Health Insurance Program (NHIP), formerly known as Medicare, is a health insurance program for SSS members and their dependents whereby the healthy subsidize the sick who may find themselves in need of financial assistance when they get ...
A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...