Last December 9, 2019, Philippine Medical Association (PMA) raised their concerns regarding the recent PhilHealth Circular No. 2019-0009 which was the increase in the PhilHealth contribution premium which took effect last December 7, 2019. Which is as follows: The PMA raised their concern to PhilHealth that this is too much burden on the majority…
Category Archives: Doctor’s Lounge
Family Medicine Specialty is the Way to Go Right Now
If you are a newly passed physician in the Philippines, in my humble opinion, Family Medicine is the hot Specialty to take right now. Let me tell you the reason why. With the recent passing of the Universal Health Care Law (UHC), one of the major changes that will be implemented is this: …
5 Reasons Why You Need To Have Green Book For Doctors (Second Edition) Even If You Already Have The First Edition
Green Book For Doctors (Second Edition) is out! Thank you for the patience of all those who waited when Green Book For Doctors (First Edition) went out of stock. This time, Green Book For Doctors (Second Edition) is BIGGER and BETTER. Here are the 5 reasons why you may want…
Digitalization: Filipino Doctors, Are We Ready?
Jim was an elderly patient suffering from emphysema. He lived some distance from the nearest hospital and couldn’t easily see a doctor, and he was rushed to the hospital once or twice a month when symptoms of his chronic lung condition flared up, putting a heavy strain on him and his family. Then Jim’s life…
How to File your SAWT as Attachment for your Quarterly Income Tax Return
SAWT or also known as Summary Alphalist of Withholding Tax at Source serves as a consolidated alphalist of withholding agents from whom income was received and are subjected to withholding agents in the process. Who needs to file SAWT? This needs to be submitted by the payee as an attachment when filing tax returns on…
Doctors’ Loan: When To Borrow Money?
I read this somewhere and I find it funny. It says… When training to become a doctor, it can feel like you’re stuck in a state of arrested development.
Video: How to Compute your Income Tax Return (Train updated) for DOCTORS AND PROFESSIONALS
Are you clueless on how taxes are computed? Do you wish you can counter-check the computation of your accountant and book keeper before paying? Do you fall victim by paying more than you need because you don’t have any idea what you’re paying? Then… Welcome to the first VLog of MyFinanceMD. Due to public…
What Investors should know about buying Hospital Stocks
Wise investment is necessary especially with increasing inflation rate of commodities. Your 100,000 pesos today will definitely be worth less during your old age. Our health is our wealth. We need to invest in our health thru health insurances offered by the different insurance companies, thru health maintenance organization (HMO) or by buying stocks with…