MANILA, Philippines — Due to its whopping P600-billion reserve funds, the Philippine Health Insurance Corp. (PhilHealth) will be getting zero subsidy for 2025, Sen. Grace Poe confirmed on Wednesday.
Speaking to reporters in an ambush interview after the bicameral conference committee closed its final budget meeting, Poe said PhilHealth’s budget is among the very contentious provisions of the 2025 budget bill.
Article continues after this advertisement“We saw [in] PhilHealth the subsidies given by the government that they are not even using. If I am not mistaken, PhilHealth now has P600 billion in reserve funds. That is just deposited in; I don’t know what account they are putting it in, but definitely what they are earning from that is even smaller, even lower than inflation,” she said in Filipino
FEATURED STORIES NEWSINFO VP Sara Duterte considering hiring private security force NEWSINFO NBI admits to start from scratch on probing threat vs VP Sara Duterte NEWSINFO Isko Moreno’s legacy of public markets in ManilaWith this arrangement, Poe said the government is at a huge loss. According to her, PhilHealth needs to use its reserve funds first.
“Because it’s just wasted. Why are they just storing it there? They’re not using it. So, in those sectors that really don’t have funds, that’s where we put the excess from others that we know they don’t need,” she added.
Article continues after this advertisementWhen asked if PhilHealth will be getting its entire subsidy for next year, Poe simply said “It was not given.”
Article continues after this advertisementHontiveros: ‘PhilHealth zero subsidy is unfair’
Article continues after this advertisementMeanwhile, Sen. Risa Hontiveros expressed alarm over the bicameral conference committee’s move, saying that denying PhilHealth support to pay the premium contribution of the most vulnerable is to deny Filipinos the right to health.
“This zero subsidy is unfair, illegal, and potentially unconstitutional. How about Filipinos who cannot pay their premium contributions? This is a major blow to our goal of having universal healthcare in the country,” Hontiveros said in a statement issued on Wednesday.
Article continues after this advertisementThe opposition senator said it is the government’s obligation to pay for the “premiums” of indirect contributors, including the poor, senior citizens, and persons with disabilities.
“Even though PhilHealth supposedly has excess or reserve funds, laws say it must be funded. It is ironic that PhilHealth gets zero subsidy on the eve of International Universal Health Coverage Day, especially when the UN makes it clear that health is the government’s responsibility,” she added.
In a separate message to reporters, Hontiveros maintained that the reserve funds of PhilHealth cannot be used for premium payment of indirect contributors.
“It’s like an emergency fund, for future financial obligations. The mistakes and shortcomings of PhilHealth’s leadership must be corrected, but its members must not be harmed,” she explained.
Subscribe to our daily newsletter
READ: Groups welcome SC TRO on PhilHealth fund transferuna game
READ NEXT 1st case of H5N2 bird flu in PH detected in Camarines Norte Sara Duterte vows to stay in PH even if arrest warrant is issued EDITORS' PICK Taiwan detects 53 Chinese military aircraft, 19 ships near island Marcos vows to make overseas work a choice, not a necessity Pogo phaseout in full swing; only 17 remain Sofronio Vasquez: His journey to ‘The Voice’ finale 1-Pacman party-list leaders cited for extraordinary impact on lives of Filipinos PH-US-Japan maritime talks flag ‘unlawful’ Chinese behavior in West PH Sea MOST READ Comelec OKs additional provincial council seats in 21 provinces VP Sara Duterte considering hiring private security force Suspected China Coast Guard ship leaves Zambales uninspected Roque arrest serves ends of justice Follow @FMangosingINQ on Twitter --> View comments