“Don’t tell me what you value, show me your budget, and I’ll tell you what you value.”

PhilHealth extends payment deadline for employers

“Don’t tell me what you value, show me your budget, and I’ll tell you what you value.”

-Joe Biden-

 

PhilHealth extends the payment deadline for employers

This photo was taken from: Philippine News Agency

 

The Philippine Health Insurance Corporation (PhilHealth) that the deadline for employers to remit contributions for the relevant month of January. This was reported on Thursday, which has been extended until February 22, 2021.

PhilHealth said in a statement that the deadline extension is due to technical problems with the electronic premium remittance system’s online payment module since February 11, 2021. Employers were unable to generate their statement of premium accounts or billing statements due to a technical issue.

It also stated that the extension applies to both private and public sector employers throughout the country. “Employers needing further assistance may contact the nearest Local Health Insurance Office or their respective PhilHealth Accounts Management Specialists,” according to PhilHealth’s official statement

 

PhilHealth and AMLC Partnership

PhilHealth has collaborated with the Anti-Money Laundering Council (AMLC) to “promote and encourage cooperation and coordination to prevent, control, detect, investigate and prosecute unlawful and money laundering activities as well as terrorism financing.”

“The partnership also endeavors to cooperate in the areas of information exchange in accordance with the Data Privacy Act of 2012, and capacity building measures to enhance the capability of both parties in addressing money laundering, terrorism financing, and unlawful activities in the country,” the PhilHealth said in a statement.

The said agreement will help the state health insurer to obtain needed “financial information in relation to any violation of laws that the PhilHealth is tasked to implement which would give rise to the commission of unlawful activity under Section 3(i) of the Anti-Money Laundering Act of 2001, as amended and money laundering activities…”

On Monday, Atty. Dante A. Gierran, President and Chief Executive Officer of PhilHealth, told the public that the liquidation of the PHP15 billion fund reportedly lost to corruption will be finished in the first quarter of this year.

As of February 15, 94% of the fund had been distributed to different healthcare facilities “under the temporary reimbursement process,” according to Atty. Gierran.

 

Second Batch of February 2021 SSS Pensions

This photo was taken from: Facebook: Philippine Social Security System -SSS

 

The Social Security System (SSS) released the second batch of February 2021 pensions on February 16, 2021, amounting to P5.2 billion, through the Philippine Electronic Fund Transfer System and Operations Network (PESONet) and other checkless disbursement channels.

The pension fund was released via PESONet participating banks, e-wallets, which M Lhuillier branches, and will support 1.1 million retirees whose contingency dates vary from the 16th to the last day of the month. Starting February 16 and onwards, pensioners covered by the said batch will be able to withdraw their pensions.

Pensioners who already collect their pensions by checks or non-PESONet participating banks will receive their February 2021 pensions according to the old disbursement timetable, which is dependent on their contingency date.

 

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