ENOUGH FUNDS. PhilHealth Senior Vice President Renato Limsiaco Jr. (proper) solutions questions on premium cost assortment and advantages payouts throughout a media discussion board in Pasig Metropolis on Monday (Dec. 2, 2024). He mentioned PhilHealth’s focus is the correct disbursement of funds by the Konsulta Packages regardless of the reduce of their requested PHP150 billion finances to cowl its 25 million oblique contributors. (PNA photograph by Ma. Teresa P. Montemayor)
MANILA, Philippines – The Philippine Well being Insurance coverage Company (PhilHealth) on Monday mentioned it has enough funds to cowl all of the profit package deal funds and deliberate growth of package deal charges subsequent yr.
In a media discussion board in Pasig Metropolis, PhilHealth Senior Vice President Renato Limsiaco Jr. mentioned all Filipinos may avail of their profit packages each in hospital and first care whether or not they would pay month-to-month premiums or not.
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This got here after Congress and the Division of Price range and Administration appropriated solely P53.26 billion value of premiums overlaying solely 14 million out of the 25.28 million oblique contributors to PhilHealth.
The state insurer has requested a P150.92 billion finances to cowl all its oblique contributors.
“This yr from the sin tax fund, we acquired P40 million and the PCSO (Philippine Charity Sweepstakes Workplace) and PAGCOR (Philippine Beginner Gaming Company), P21.73 million, we acquired P61 million all in all,” Limsiaco mentioned.
“And for subsequent yr, one other spherical of funding, so P21.1 million from PCSO for the advance of advantages, and I feel P47 million one thing is from the sin tax.”
He famous these funds can be added to the premium assortment from direct contributors who’re staff of the federal government and personal firms, and those that are “self-paying”.
As of Oct. 31, the PhilHealth has a complete fund of P485 billion.
It has collected a complete of P172.3 billion premium funds as of Nov. 22.
It has disbursed P148.4 billion for advantages funds, leaving a steadiness of PHP23.9 billion as of Nov. 22.
“This P148.4 billion, that is unprecedented, as a result of that is our highest profit payout, November pa lang pero P148 na (it’s simply November and the payout is already P148),” Limsiaco mentioned.
“Final yr P118 [billion] lamang ang naipalabas natin (We solely disbursed P118[billion] final yr),” he added.
He additionally assured the general public that the P23.9 billion extra fund can be used for the growth of profit package deal coverages. (PNA)
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