Finance Secretary Ralph Recto defends the transfer and says his agency is just doing what the law empowers them to do
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MANILA, Philippines – A group of petitioners led by Senator Aquilino “Koko” Pimentel III has filed a petition with the Supreme Court , seeking to block the transfer of P89.9 billion of PhilHealth funds to the national budget. “The pilfering of the reserve funds is a grave disservice to the Filipino people who depend on PhilHealth for financial risk protection from illness and who are still heavily burdened by out-of-pocket health expenditure. With consistently rising inflation and worsening social conditions, it is imperative that these funds be used exclusively for the implementation of the Universal Health Care Act, the expansion of benefit packages, and the reduction of premium contributions,” the group said.
Under the 2024 General Appropriations Act , the government can get unprogrammed funds from four sources, which includes the fund balance of government-owned or controlled corporations like PhilHealth. Unprogrammed funds are standby funds that the government can use when unexpected situations happen. of the 1987 Constitution, which states that “all money collected on any tax levied for a special purpose shall be treated as a special fund and paid out for such purpose only.
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