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)
*Taken from the media statement of PhilHealth.
