This Memorandum of Understanding (MOU) made and entered into
between:

The TAIPEI ECONOMIC AND CULTURAL OFFICE in the Philippines
represented by MR. RAYMOND L.S. WANG, Representative, herein
referred to as “ TECO ”;

and

The MANILA ECONOMIC AND CULTURAL OFFICE in Taiwan represented by
MR. ANTONIO I. BASILIO, Resident Representative, herein referred
to as “ MECO ”;

WHEREAS, desiring to improve the health of the people in Taiwan
and the Philippines to promote mutual understanding and friendly
relations and to cooperate on national health insurance;

WHEREAS, the TECO and MECO, herein referred to as “
PARTICIPANTS ” wish to enter into this Memorandum of
Understanding (MOU);

NOW THEREFORE, for and in consideration of the foregoing
premises, the Participants have come to the following
understanding:

PARAGRAPH I
Responsibilities of Participants:
The Participants will designate respectively, a representative
agency to implement this MoU. For TECO, the implementing agency
is the Bureau of National Health Insurance (BNHI) Department of
Health, Executive Yuan, Taiwan, and for the MECO, the
implementing agency is the Philippine Health Insurance
Corporation (PhilHealth).

Coordination and Collaboration in Health Insurance
Implementation Activities

The PARTICIPANTS and their respective representative agencies
will:
1. Hold meetings as far as practicable for the planning of
measures designed to improve social health insurance;
2. Promote and facilitate the exchange of experiences pertaining
to health insurance including such areas as health care
financing, payment reforms, insurer organization, quality of
care, and information technology implementation;
3. Promote and facilitate the development of direct contact and
networking among academic institutions and non-government
organizations to support these endeavors;
4. Promote health insurance services and personnel exchanges;
5. Promote their experiences in social health insurance
implementation; and
6. Promote cooperative studies on the National Health Insurance
Systems of Taiwan and the Philippines and the publication of
study results in international journals.

PARAGRAPH II
Implementation of this MoU
1. Unless otherwise agreed upon, each Participant will be
responsible for its own costs in the implementation of this
MoU.
2. Financial arrangements to cover expenses for cooperative
activities under this MoU will be mutually decided upon, on a
case- to- case basis and subject to the availability of funds
and other resources.
3. The implementation of plans, programs and activities as
specified under this MoU will be subject to specific
arrangements to be mutually decided upon in writing.

PARAGRAPH III
Consultations
Either Participant may request consultations concerning this MoU
upon prior written notice.

PARAGRAPH IV
Effectivity and Duration
1. This MoU will become effective on the date of signature.
2. This MoU will remain effective unless suspended or terminated
by either Participant,
2.1 Either Participant may suspend the application of this MoU
upon prior written notice to the other Participant of its
decision to suspend this MoU.
2.2 Either Participant may terminate this MoU upon three (3)
months prior written notice to the other Participant of its
decision to terminate this MoU.
3. The termination of this MoU will not affect the
implementation of any on-going activity or project, unless
both Participants mutually decide otherwise.

IN WITNESS WHEREOF the undersigned signs this Memorandum of
Understanding in duplicate in the English language at Taipei,
this 15th day of November 2012.


THE TAIPEI THE MANILA
ECONOMIC AND ECONOMIC AND
CULTURAL OFFICE IN CULTURAL OFFICE IN
THE PHILIPPINES TAIWAN

RAYMOND L.S. WANG ANTONIO I. BASILIO
Representative Resident Representative