Title
Bayad Center Payment Form as Proof of Premium
Law
Phic Philhealth Circular No. 16. S. 2010
Decision Date
Jul 19, 2010
CIS Bayad Center Inc. is now an accredited collecting agent for PhilHealth, allowing Individually Paying Members to remit premium contributions and receive a validated payment form as proof of payment.
A

Q&A (PHIC PHILHEALTH CIRCULAR NO. 16. S. 2010)

The purpose of the circular is to inform that the CIS Bayad Center Inc. (CBCI) has become an accredited collecting agent for PhilHealth premium payments, providing members better accessibility and convenience in remitting their premiums.

CIS Bayad Center Inc. (CBCI), a non-bank collecting agent, is authorized to collect PhilHealth premium payments from Individually Paying Members (IPM).

The duly validated CBCI Payment Form, which includes essential payment details, serves as proof of premium payments of NHIP members.

The validated CBCI Payment Form must indicate the Payor's Name, PhilHealth Identification Number (PIN), Full Name of the Member, Applicable Period, Member Type, Date, and Amount Paid.

CBCI became an accredited collecting agent effective March 4, 2010.

Premium payments are collected from Individually Paying Members (IPM) who possess a PhilHealth Identification Number (PIN).

The PIN is used to identify the member whose premium payment is being made and must be indicated on the CBCI Payment Form to properly track payment and membership status.

By accrediting CBCI as a collecting agent, PhilHealth provides members with more options and convenience for remitting premium contributions through Bayad Center outlets.

The Collection Remittance Agreement (CRA) is the contractual basis that governs CBCI's responsibilities and obligations as a collecting agent for PhilHealth.


Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster, building context before diving into full texts. AI-powered analysis, always verify critical details.