Health Secretary Ted Herbosa reported that PhilHealth still has a P150-billion surplus from its 2024 budget.
"There's still so much left in the funds of PhilHealth, around P150 billion compared to P74 billion we've requested from the Congress for indirect contributors," Herbosa said during yesterday's flag-raising ceremony, adding that the insurer can easily pay the P74 billion intended for indirect contributors.
He debunked reports circulating on social media that PhilHealth had no funds without subsidy from the government, saying the reports were "erroneous."
PhilHealth has a P284-billion budget for 2025, with the state health insurer only utilizing 63 percent of its budget allocation this year, according to Herbosa.
This story is from the December 17, 2024 edition of The Philippine Star.
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This story is from the December 17, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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