Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Medical coverage subsidy rules for gov’t employees approved

by
January 2, 2025
in Top News
0
Medical coverage subsidy rules for gov’t employees approved
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter
PIXABAY

THE Department of Budget and Management (DBM) has approved the guidelines and regulations governing a subsidy that will allow government employees to obtain their own health insurance coverage.

Circular No. 2024-6, which was first issued on Dec. 6, covers the grant of yearly medical allowances of up to P7,000 to civilian government personnel.

The allowances were authorized by Executive Order No. 64, issued on Aug. 2.

“Starting in 2025, they will be able to receive a medical allowance to help them obtain HMO (coverage) for their health-related expenses or costs,” Budget Secretary Amenah F. Pangandaman said in a statement on Thursday.

The subsidy will go towards paying for health maintenance organization (HMO)-type benefits, the DBM said.

It added that the subsidy applies to all civilian government personnel in National Government agencies, including state universities and colleges and government-owned and -controlled corporations not covered by Republic Act No. 10149 and Executive Order No. 150.

“The Medical Allowance may be granted in the form of HMO-type product coverage, which could be availed of by either government agencies concerned or their respective employees’ organizations/groups,” the DBM said.

The DBM said the subsidy can be issued in cash to those seeking to take on or renew HMO-type benefits and to those who paid for their own medical expenses, subject to conditions. — Aubrey Rose A. Inosante

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Congress urged to pass new LANDBANK, DBP charters

Congress urged to pass new LANDBANK, DBP charters

Recommended

Team Philippines jumps to Rank 24 in medal table

Team Philippines jumps to Rank 24 in medal table

August 8, 2024
Necessary cuts in the 2025 budget; Argentina’s fiscal reforms

Necessary cuts in the 2025 budget; Argentina’s fiscal reforms

December 23, 2024
The flavors of Davao’s Kadayawan come alive at SM

The flavors of Davao’s Kadayawan come alive at SM

September 3, 2024
What will US interest rate cuts mean for Asia and the Pacific?

What will US interest rate cuts mean for Asia and the Pacific?

September 26, 2024
DoTr postpones penalties for motorists without RFID to 2025

DoTr postpones penalties for motorists without RFID to 2025

September 22, 2024
Philippines’ top 1,000 firms post P17.8 trillion in revenues in 2023

Philippines’ top 1,000 firms post P17.8 trillion in revenues in 2023

January 5, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

    January 11, 2026
    Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain

    Top 5 Canadian Mining Stocks This Week: Gold Reserve Jumps with 132 Percent Gain

    January 10, 2026
    Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026

    Editor’s Picks: Experts Call for US$5,000 Gold, US$100+ Silver in 2026

    January 10, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved