latest article for POC.
Aside from budget cuts, Overseas Filipino Workers (OFWs) also expressed disappointment in the Aquino administration’s failure to stop the collection of exorbitant fees. The latest imposition to date is the requirement of a mandatory insurance coverage for all land-based and sea-based newly hired OFWs, as mandated by Republic Act 10022, or the amended RA8042 Migrant Workers and Overseas Filipinos Act.
The Philippine Overseas Employment Administration (POEA) recently released Memorandum Circular No. 09 Series of 2010 last October 21, 2010 ordering the implementation of “compulsory insurance coverage for agency-hired OFWs,” land-based or sea-based. The mandatory insurance will be covered by private insurance providers duly accredited by the Insurance Commission.
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