SEN. JV Ejercito said on Tuesday that the Philippine Health Insurance Corp. (PhilHealth) should explain why it failed to properly use its excess funds of nearly P90 billion.
SEN. JV Ejercito said on Tuesday that the Philippine Health Insurance Corp. should explain why it failed to properly use its excess funds of nearly P90 billion.In a statement, Ejercito said the excess funds 'is a significant oversight on the part of PhilHealth because many hospitals have been unpaid.'He called on PhilHealth 'to explain why their P89.9-billion funds have not been put to good use.
'In a text message to The Manila Times, PhilHealth clarified that the funds in question were from the unused portion of the national government subsidy allocated through the General Appropriations Act for indirect contributors and no contributions from paying members were involved.PhilHealth reassured its members that benefits for both direct and indirect contributors would remain intact and were set to expand as part of the PhilHealth Board's approved benefit plan, which began in 2023.
Told: Explain P90B Excess Funds
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Herbosa: Nearly P90B excess PhilHealth funds to be used for health programsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Lawmaker asks Marcos to order return of P90b to PhilHealthDefining the News
Read more »
HEADLINES: PhilHealth funds 'diversion' slammedHEADLINES: PhilHealth funds 'diversion' slammed | July 20, 2024
Read more »
PhilHealth funds 'diversion' slammed(UPDATES) MORE than 60 health care worker groups on Friday urged President Ferdinand Marcos Jr. to order the return of the P89.9 billion in unused funds to the Philippine Health Insurance Corp. (PhilHealth).
Read more »
Marcos urged to order return of P89.9B PhilHealth fundsMANILA, Philippines — More than 60 healthcare worker groups on Friday urged President Ferdinand Marcos Jr. to issue a directive to return the P89.9 billion unused funds to the Philippine Health Insurance Corp. (PhilHealth).
Read more »
Go questions legality of PhilHealth funds transferSEN. Bong Go said the propriety and legality of the purported transfer of around P90 billion unused Philippine Health Insurance Corp. (PhilHealth) funds to the national treasury should be explained to the public.
Read more »