The Philippine Health Insurance Corp. (PhilHealth) board, headed by Health Secretary Teodoro Herbosa, has blocked a proposal to spend P37.5 million on marketing and promotional materials for the agency's 30th anniversary. Herbosa emphasized the board's commitment to prioritizing the well-being of PhilHealth members and ensuring responsible allocation of funds.
The board of the Philippine Health Insurance Corp. (PhilHealth), led by Health Secretary Teodoro Herbosa, has vetoed the proposal for the marketing and promotional collateral expenses of the state health insurer's 30th anniversary celebration next year. The collaterals, which totaled P37.5 million, include umbrellas worth P7.9 million, perforated mesh stickers worth P7.3 million, tote bags worth P1.82 million, anniversary shirts worth P3.64 million, marketing shirts worth P1.
94 million, jackets worth P13.65 million, katsa bags worth P750,000 and button pins worth P545,000. In a statement, the Department of Health said the board of directors has decided to cancel the proposed procurement of the collaterals to save government funds and ensure their proper allocation for the benefits of PhilHealth members. DOH secretary Teodoro Herbosa. PHOTO BY J. GERARD SEGUIA'The PhilHealth board of directors reviews and decides on proposals coming from the PhilHealth management, such as the marketing and promotional expenses for the official events of the corporation. The board will always prioritize the benefits of PhilHealth members,' Herbosa said.Herbosa also denied assertions that the state insurer would go bankrupt with the cut in the agency's budget for next year.In a year-end press briefing on Tuesday, Herbosa said that under Republic Act 7875, which created the state health insurer, the government guarantees the funding of PhilHealth under section 58 of the law.'Did you know PhilHealth has a sovereign guarantee? Under the law, there is a section that says that the state will not allow to go under. There is no such thing as actuarial life,' Herbosa said.Herbosa said every year, all employees contribute to PhilHealth, which leads to contributions to the National Health Insurance Program.'How can it go zero when every year you contribute through your salary? It will only go bankrupt if I increase the benefit as opposed to the actual money that I have,' Herbosa said in Filipin
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