WE, the undersigned, join the broad segments of society in opposing the diversion of P89.9 billion of the Philippine Health Insurance Corporation (PHIC) funds to the National Treasury to fund Unprogrammed Appropriations (UA).
WE, the undersigned, join the broad segments of society in opposing the diversion of P89.9 billion of the Philippine Health Insurance Corporation funds to the National Treasury to fund Unprogrammed Appropriations .
In the first place, PhilHealth’s “excess funds” are not savings, but they are a result of PhilHealth’s inability to sufficiently expand benefit packages. We must hold the PhilHealth leadership accountable, instead of depriving Filipinos of healthcare funds. PhilHealth must take the necessary steps to promptly and effectively use the funds that exceed reserves for services and benefits of its members.
Responsible public financing requires that priority programs are funded. Our people are our economy’s foremost asset, and investing in their health and education takes primacy over all other public investments. The 2024 GAA provision allowing the government to tap GOCC funds for Unprogrammed Appropriations and the DOF Circular 2024-003 implementing such policy apply a one-size-fits-all approach that disregards the unique characteristics of individual GOCCs. Under Republic Act 7656, most GOCCs are required to remit at least 50 percent of their annual net earnings as cash, stock or property dividends to the national government .
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