MikeLigalig.com

By TJ Burgonio
Philippine Daily Inquirer

Government officials on Thursday scrambled to deny reports that the Philippine Health Insurance Corp. (Philhealth) was on the brink of bankruptcy, and assured its 79 million members that it was financially stable.

Contrary to the reports, Philhealth’s net income even doubled from P5 billion in 2001 to P10 billion in 2008, and has a reserve fund of P63 billion, Budget Secretary Rolando Andaya said.

“Philhealth is far from bankruptcy,’’ he told reporters in a Malacañang briefing.

Melinda Mercado, Philhealth SVP for operations, agreed with Andaya. “We’re able to pay premium. It’s strong and stable, don’t worry,’’ she said in the joint briefing with Andaya.

Nerissa Santiago, Philhealth VP for actuary, told a Senate hearing Wednesday that the national government owed the government corporation some P19.2 billion in unpaid contributions to members.

Sen. Loren Legarda, chair of the health committee that heard a bill providing insurance for Filipinos, wondered how the government racked up such debt
to cause Philhealth’s bankruptcy.

Andaya clarified that per Philhealth’s computation, the DBM owed P9 billion to the corporation. But per DBM’s computation, it owed the corporation a smaller amount.

“And this is now the subject of talks,’’ he said of the figure. “They have their own computation, we have our own computation.’’

According to Mercado, the DBM remitted some P388 million in 2006, and P85 million in 2007, and some P610 million has been appropriated from the 2009 national budget for release to Philhealth.

“Those are projections or assumptions, assuming there’s no effort to increase collections,” she said of the reported P19.2 billion arrears by the national government to Philhealth.

The national government pays a counterpart premium to Philhealth for government employees.

patay kang bata ka! kalooy sa mga contributor.

affected jud tanang pinoy ani if in case ma close ang philhealth. ang mga yano or ordinaryong pinoy puros baya naa ani. hinatag sa gobyerno.

Quote from: nilamaw on August 20, 2009, 10:16:23 PM
patay kang bata ka! kalooy sa mga contributor.

isa nako didto....wa pa jud ko palya mobayad.. T_T :S

It has been broke since then...

nako patay na,member ako mga egsoon pati ako.

Unsaon na man ni tawon? Kinahanglan unta unahon ni ug luwas sa atong goberno.  Balik napod ta ani ug pa-totho. Wa bay mga private health insurances sa ato?

niingon man si sec. andaya sa DBM nga lisod mabancrupt ang philhealth. dako kuno kaayo ug pundo. pero kung mabancrupt man gani, aw luoy kaayo tang tanan nga members.

Bankrupt na ni kay ngano? Gi officially deny naman. It was confirm when it's officially deny.

PhilHealth assures financial ‘health’ despite DBM arrears


The Philippine Health Insurance Corp. (PhilHealth) assured its members that there is nothing to be worried about in terms of its financial stability.

The National Health Insurance Fund remains stable and it can very well provide for the hospitalization benefits of PhilHealth members from the different member categories.

PhilHealth’s investment portfolio as of July 31 stands at P91 billion. Though there is a need to step-up collection efforts to ensure the sustained life of the fund, especially with the recent enhancement in inpatient care benefits without any immediate increase in premium contributions. Thus its recent demand for the Department of Budget and Management (DBM) to remit the government’s counterpart contributions to state employees. (PIA)

Bayat panahon na jud na nga mo uli ko sa pinas, manotho nalang ko didto! hahahha!

hahhaa manutho man jud, nah di ka mabuhi anang panutho Bella kay igo ra ka hatagan ug pahinugod sa imong tothoan.

Quote from: bol-anon nga cebuano on August 22, 2009, 03:08:48 AM
PhilHealth assures financial ‘health’ despite DBM arrears


The Philippine Health Insurance Corp. (PhilHealth) assured its members that there is nothing to be worried about in terms of its financial stability.

The National Health Insurance Fund remains stable and it can very well provide for the hospitalization benefits of PhilHealth members from the different member categories.

PhilHealth’s investment portfolio as of July 31 stands at P91 billion. Though there is a need to step-up collection efforts to ensure the sustained life of the fund, especially with the recent enhancement in inpatient care benefits without any immediate increase in premium contributions. Thus its recent demand for the Department of Budget and Management (DBM) to remit the government’s counterpart contributions to state employees. (PIA)

Aw okey na diay?  wa diay ilahos nila ug bankrotto?  daghan man lang ma heart attack ani sa kakurat ug masakit sa kagoul!  angay barangon tong gabalita.