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President Ferdinand Marcos Jr . on Monday said state insurer Philippine Health Insurance Corporation has enough funds to continue delivering services despite the removal of its government subsidy under the proposed 2025 national budget. Speaking to reporters, Marcos defended the lawmakers’ move to allocate zero subsidy to PhilHealth next year, explaining the state health insurer has remaining P500 billion in reserve funds.
Last week, Senate finance committee chairperson Grace Poe disclosed that PhilHealth will receive no subsidy under the proposed national budget next year, saying the state insurer still has P600 billion in reserve funds. "Sa ngayon, ang PhilHealth ay hindi nabigyan ng budget. Sapagkat kailangan nilang gamitin muna yung kanilang reserve funds," Poe told reporters in an interview after the bicameral conference committee meeting on the 2025 General Appropriations Bill.
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