The PhilHealth Native Well being Insurance coverage Workplace (LHIO) in Caloocan. Photograph from PhilHealth’s web site
MANILA, Philippines — The Philippine Well being Insurance coverage Company (PhilHealth) nonetheless has a P150-billion surplus from its 2024 funds even when it was given zero subsidy in 2025.
The Division of Well being (DOH) revealed this data on Monday, giving assurance to PhilHealth members that funds can be found for the development of present advantages.
An hooked up company of the DOH, PhilHealth is chargeable for offering medical health insurance and implementing common healthcare protection nationwide.
Throughout a Teleradyo 630 interview on Monday, DOH spokesperson Assistant Sec. Albert Domingo stated in combined Filipino and English: “What’s going to occur now if there’s zero subsidy? Not funds, however zero subsidy in 2025. There’s a P150-billion surplus.”
In accordance with him, other than a P61-billion subsidy in 2024, PhilHealth had a P244-billion funds for advantages, however solely 63 % of which had been utilized as of October 31.
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The additional P150 billion from the 2024 funds of the government-owned-and-controlled company is greater than sufficient to cowl the development of present advantages, he famous.
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“Even we use that… Let’s say, what number of poor and senior residents should be funded, round 60 million are oblique contributors. If we pay all of them the premium, P80 billion. That may simply be lined by the excess. PhilHealth’s extra cash of P150 billion, there’s nonetheless change,” Domingo defined in combined Filipino and English.
“We nonetheless have change of P70 billion. That P70 billion can be utilized to enhance advantages. All of those even with out the subsidy from the federal government,” he added.
Senator Grace Poe stated Wednesday that PhilHealth will get zero subsidy in 2025 because of its P600 billion reserve funds.
The chairperson of the Senate committee on finance famous that PhilHealth had not been absolutely using the allocation it receives yearly from Congress.
READ: DOH: PhilHealth advantages, providers to stay regardless of zero subsidy
“The federal government simply didn’t give extra cash from its nationwide funds, however there’s nonetheless cash left in PhilHealth and it could handle,” Domingo pressured, disproving claims that PhilHealth members wouldn’t obtain advantages subsequent yr as a result of zero state subsidy.
“It’s not true that there will probably be no profit subsequent yr and it’ll not assist if we don’t pay [the contribution],” the DOH spokesperson stated.
“PhilHealth does have a supply of fee inside its personal financial institution,” he added.
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Domingo additionally dismissed as pretend information circulating claims that PhilHealth has zero funds in 2025, noting that the state well being insurer proposed a funds of P284 billion for subsequent yr.
