00:00In other news, the House Bill 11357 was approved in the third and final reading, which will significantly lower the premium contribution rate of members of PhilHealth.
00:10A total of 161 members voted in favor of the bill, while three did not vote in favor while none abstained.
00:16Under the bill, the premium contribution rate will be reduced from 5% to 3.5%.
00:22The contribution of overseas Filipino workers will also not be paid because 50% will be paid by the national government and their employer.
00:30The Senate has already passed a similar bill.
00:34The two versions will be unified by the Carmel Conference Committee before it will be signed by the President to be passed into law.
00:41Kapuso, don't miss the latest news and updates.
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