APPARENTLY frustrated as the Philippine Health Insurance Corp (PhilHealth) management is trying to work a “broken system,” Health Secretary Teodoro J. Herbosa on Friday hit the management of the state-run health insurer for treating its funds “like a pension fund.
APPARENTLY frustrated as the Philippine Health Insurance Corp management is trying to work a “broken system,” Health Secretary Teodoro J. Herbosa on Friday hit the management of the state-run health insurer for treating its funds “like a pension fund.”
PhilHealth, he stressed, is not like a pension insurance like Social Security System and Government Service Insurance System .Also on Friday, the Medical Action Group and Action for Economic Reforms called the 2025 Corporate Operating Budget of the Philippine Health Insurance Corporation a “do nothing” budget.
Currently, Konsulta provides reimbursements for only one percent of the Filipino population. The full implementation of the Konsulta package will cost PhilHealth P194 billion annually, providing a P1,700 primary care package for each of the 114 million Filipinos. The package was approved in 2022, and if it had been rolled out nationwide then, PhilHealth would not be accused of a “surplus” of P150 billion and reserves of hundreds of billions of pesos, the two groups pointed out.
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