PhilHealth cancels P37.5 million worth of collateral for 30th-anniversary celebration after public concerns. The Board of Directors, led by Secretary of Health Teodoro J. Herbosa, called for financial responsibility and decided to save government funds.
While the Philippine Health Insurance Corp. (PhilHealth) earlier justified its spending plan—which it said follows government guidelines—the Board of Directors (BOD) of the state-run health insurer, led by Secretary of Health Teodoro J. Herbosa, cancelled the P37.5-million worth of collaterals for its 30th anniversary celebration.
Calling for financial responsibility following concerns raised by the public, the Philhealth Board decided to cancel the proposed procurement “to save government funds and ensure its proper allocation for the benefits of PhilHealth members.” “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. The development about the cancellation of the proposed budget was confirmed to senators on Wednesday during a hearing of the Senate Health committee, chaired by Sen. Christopher Lawrence “Bong” Go. Sen. Loren Legarda, who joined him at the hearing, also grilled PhilHealth executives on the proposal. PhilHealth will celebrate its 30th anniversary on February 14, but the celebration will last for the whole year, and this yearlong series of events was used to justify the huge budget. The P37.5 million is included in the “marketing and promotional expenses” budget line for the Philhealth Anniversary. The collaterals proposed for the 30th anniversary of Philhealth include the following: umbrellas worth P7,910,550; 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 P545,00
PHILHEALTH Anniversary Spending Board Of Directors Financial Responsibility
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