Question & AnswerQ&A (EXECUTIVE ORDER NO. 500)
The beneficiaries covered under this Executive Order are the Social Security System's unemployed permanent partial disability pensioners who are no longer covered under the Medicare Program, and their dependents.
The policy basis is the government's avowed policy to provide adequate medical care services to the people, ensuring that various qualified pensioners and their dependents enjoy medical benefits.
No, Executive Order No. 500 explicitly states that the entitled pensioners and their dependents shall receive medical care benefits without the need for any additional contributions.
The Executive Order took effect on January 1, 1992.
The Health Insurance Fund administered by the Social Security System is cited as capable of financing the additional medical care benefits without impairing its viability.
Active Social Security System members, retiree-pensioners, death and total disability pensioners, and their dependents were already covered under the Medicare Program.
No, the Executive Order does not specify any penalties for non-compliance within its text.
Franklin M. Drilon, the Executive Secretary at the time, signed the Executive Order alongside President Corazon C. Aquino.