00:00 Marikina Representative Estella Quimbo is in favor of suspending the premium payment of PhilHealth
00:07 rather than continuing the minimum wage hike of P100 in the private sector.
00:12 According to Quimbo, an economist, businesses will just have to pay additional expenses to consumers
00:18 in order to be able to continue the wage hike.
00:20 Small businesses may also have to reduce their employees or just close down.
00:26 Quimbo said that this will not happen if PhilHealth Premium is suspended.
00:31 Employees will be able to go home with a higher salary because the wage hike will be reduced.
00:37 PhilHealth should not be concerned because PhilHealth has a lot of funds in 2022
00:42 to pay the contribution of minimum wage workers this year.
00:47 In a statement by Super Radio DZBB, PhilHealth said that they are open to Quimbo's suggestions.
00:53 PhilHealth also assured that they will not lose their funds if this is implemented.
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01:13 [♪♪♪]
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