Granting Medical Care Benefits To Social Security System Old-Age Pensioners and Their Dependents

EXECUTIVE ORDER NO. 402 April 27, 1990

GRANTING MEDICAL CARE BENEFITS TO SOCIAL SECURITY SYSTEM OLD-AGE PENSIONERS AND THEIR DEPENDENTS

WHEREAS, it is the avowed policy of the government to provide adequate medical care services to the people;

WHEREAS, under the present policy of the Social Security System (SSS) only active members and their dependents enjoy Medical Care benefits;

WHEREAS, SSS old-age pensioners and their dependents must likewise be assisted in their medical care expenses consistent with the policy for their counterpart old-age pensioners in the Government Service Insurance System (GSIS);

WHEREAS, actuarial studies show that the Health Insurance Fund administered by the SSS for the Medicare beneficiaries in the private sector can finance the benefits of SSS old-age pensioners and their dependents without impairing the said Fund's viability;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

Sec. 1. Effective May 1, 1990, Social Security System old-age pensioners and their dependents shall...

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Summary of Executive Order No. 402

Granting Medical Care Benefits to Social Security System Old-Age Pensioners and Their Dependents

- Effective May 1, 1990, Social Security System (SSS) old-age pensioners and their dependents shall be entitled to Medical Care benefits without need of any additional contribution. (Sec. 1)
- This is consistent with the policy for old-age pensioners in the Government Service Insurance System (GSIS).
- The Medical Care benefits are presently prescribed in Executive Order No. 365.
- Actuarial studies show that the Health Insurance Fund administered by the SSS for the Medicare beneficiaries in the private sector can finance the benefits of SSS old-age pensioners and their dependents without impairing the said Fund's viability.