Articles worth reading
Public Works Secretary Mark Villar

DPWH given chance to stop corruption 

account_balanceMetro Manila access_time5 days ago

The Department of Public Works and Highways (DPWH) is given a chance to curb alleged corruption in the agency that President Rodrigo Duterte recently flagged, according to a report by ABS-CBN. Public Works Secretary Mark Villar earlier in the day cr...

Senator Maria Imelda Josefa

Marcos pushes for AMLA reforms

account_balanceMetro Manila access_time5 days ago

Senator Maria Imelda Josefa "Imee" Marcos said Filipinos working abroad and sending money back to the country may face difficulties if legislation seeking to strengthen the county's anti-money laundering efforts are delayed, according t...

Photo courtesy of: PAGASA

‘Pepito' to bring rains Tuesday 

account_balanceMetro Manila access_time5 days ago

Many parts of the country will experience rain because of tropical depression Pepito, the weather bureau said in a report by Philippine News Agency. In its 8 a.m. bulletin, the Philippine Atmospheric, Geophysical and Astronomical Services Administra...

Metro News

PhilHealth warns of fund depletion

account_balanceMetro News account_circleNoah James chat_bubble_outline0 Comments

An official of the Philippine Health Insurance Corp. (PhilHealth) warned that the suspension of premium contributions of overseas Filipino workers (OFWs) may deplete its fund.

PhilHealth president and chief executive officer Ricardo Morales said the agency would run out of resources if OFWs would permanently stop paying premiums, as mandated under the Universal Health Care (UHC) law.

“The premium contributions that we collect are part of the funds that we use for the medical needs of those who get sick. If they don’t contribute, our funds will be depleted,” Morales said in an online interview with “The Chiefs” on One News channel Monday night.

President Duterte has suspended the collection of higher premium contributions from OFWs, and said OFWs should pay premiums on a voluntary basis.

OFWs opposed the .25-percent increase in their PhilHealth premium this year. The adjustment will complete the three percent hike in premium for 2020. Last year, the agency imposed an increase of 2.75 percent.

Morales said by becoming PhilHealth members, the OFWs as well as their dependents are protected.

He said they are expecting a net loss as PhilHealth was tasked to shoulder the hospital expenses of COVID-19 patients on case rate package.

“We are anticipating a net loss, especially since we were not given the budget that we asked for this year and then we had this pandemic. Our funds will be affected,” Morales said. 


date_rangeDate Published
5 months ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Muntinlupa awards P100,000 to centenarian

account_balanceMuntinlupa chrome_reader_mode3 days ago

Mayor Jaime Fresnedi (2 nd from right) visited Lola Victoria Diamse (center) who celebrated her 100 th birthday last October 20 in Brgy. Putatan. Fresnedi turned over the local government’s financial assistance amounting to P100,000 to Diamse ...

Photo courtesy of: PIO Pasig

Pasig recognized for virus response

account_balancePasig chrome_reader_mode20 hours ago

Pasig City was acknowledged by the Department of Health-Metro Manila Center for Health Development (DOH-MMCHD) for its response to the coronavirus disease (COVID-19), according to a report by Manila Bulletin. Pasig was specifically recognized for it...

Red Cross asked to resume COVID-19 tests 

account_balanceMetro Manila chrome_reader_mode1 day ago

Malacañang Palace asked the Philippine Red Cross (PRC) to resume COVID-19 testing services that will be charged to the Philippine Health Insurance Corp., according to a report by GMA News. In a statement, Palace spokesperson Harry Roque said ...

The struggles in 2020 of the casino industry in the Philippines

account_balanceMetro Manila chrome_reader_mode1 month ago

Do you want to learn more about the challenges and predictions for the gambling industry in the Philippines? Find all answers in this article!

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Manila won't hold Traslacion 2021 SMC expressways ready for 100% cashless tolls by Nov. 2 Pope supports same-sex union Angkas allowed to resume operations LTFRB authorizes more jeeps, UV Express vans LTO releases new motorcycle plates Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature