Unremitted PhilHealth premium contributions
Department of Public Works and Highways · 2024
This summary was generated automatically from the source document and may contain errors. It is not an official interpretation and should not be relied upon as legal guidance. Review the original excerpt and source document to verify before citing or acting on it.
What Happened?
Category: Financial ManagementIssue: Non-complianceThe Department collected health insurance premiums from employees but did not forward all of them to PhilHealth on time. Nearly 17.5 million pesos was unpaid at year-end, and more than 12.9 million is still unresolved after partial remittances, which can delay employees' health benefits and expose the agency to penalties.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"out of the total insurance premiums/contributions of P438,161,154.83 withheld/collected from the salaries and wages of the officials and employees of DPWH offices, the amount of P420,663,614.67 or 9 6.01 percent thereof was remitted to PhilHealth, leaving an unremitted balance of P17,497,540.16 or 3.99 percent, as at year-end. Of the total unremitted balance, the amount of P4,555,467.01 was subsequently remitted in the first quarter of CY 2025, leaving a balance of P12,942,073.15, which is subject to reconciliation, adjustment and/or further remittance."