PhilHealth has enough funds
President Ferdinand Marcos Jr. justifies the zero-budget allocation for PhilHealth in 2025, saying that its P600 billion reserve fund is sufficient to sustain its services.
Marcos vowed to review infrastructure items in the budget to determine which ones are “absolutely necessary.”
VIDEO BY CATHERINE VALENTE
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President Ferdinand Marcos Jr. justifies the zero-budget allocation for PhilHealth in 2025, saying that its P600 billion reserve fund is sufficient to sustain its services.
Marcos vowed to review infrastructure items in the budget to determine which ones are “absolutely necessary.”
VIDEO BY CATHERINE VALENTE
Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe
Visit our website at https://www.manilatimes.net
Follow us:
Facebook - https://tmt.ph/facebook
Instagram - https://tmt.ph/instagram
Twitter - https://tmt.ph/twitter
DailyMotion - https://tmt.ph/dailymotion
Subscribe to our Digital Edition - https://tmt.ph/digital
Sign up to our newsletters: https://tmt.ph/newsletters
Check out our Podcasts:
Spotify - https://tmt.ph/spotify
Apple Podcasts - https://tmt.ph/applepodcasts
Amazon Music - https://tmt.ph/amazonmusic
Deezer: https://tmt.ph/deezer
Tune In: https://tmt.ph/tunein
#themanilatimes
#tmtnews
#philippines
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NewsTranscript
00:00After the bicam, a lot of people raised their eyebrows, let's use that word, and they're asking you to exercise your power to veto some line items.
00:11We're not yet there. We're not yet at that point. The process is still ongoing. We're still finalizing.
00:19Because ang lumabas out of the bicam were just the totals. So the details hindi pa maliwanag.
00:31So we're returning to those and all of those elements that are worrisome are something that we're trying to do.
00:41We're making sure that hindi ma-disadvantage.
00:48The two subjects are field health and debt.
00:58Let's say field health has a P500B reserve and the cost to provide their services in one year is less than P100B.
01:15So their budget actually for expenditures in the P260B is P100B+. So mayroong paring reserve.
01:26That's why I know naaabala ang tao because bakit natin pinawasa? Dahil ang katotohanan riyan ay kung tignan ninyo kaya binawi ng Department of Finance yung ilang reserve na naiwan dahil hindi nagamit yun ng ilang taon.
01:48In other words, the field health has sufficient budget to do all of the things that they want to do.
01:55Let's go back to the last two years. Kung titignan ninyo, ang services na binibigay, ang treatment na binabayaran ngayon ng field health ay nag-expand ka ng gusto.
02:09We are taking care of many more conditions. We have more dialysis patients. We are attending to more people. That's from the budget of 2023 and 2024.
02:23So patuloy ng patuloy, pataas ng pataas, pati yung pagbayad. Ang payments ngayon natin for cancer, for the other diseases, hundreds of percent ang increase doon sa dati.
02:39In other words, kaya ng field health ang bayaran niya. And the reason why is we do not want to subsidize is because the subsidy will poop lang doon sa bank account ng field health. Hindi magagamit. Marami tayong paggamitan noon.
03:10They have sufficient funds to carry on. Ang problema ngayon sa field health hindi tungkol sa pagbigay ng serbisyo, hindi sa pagbigay ng insurance cover.
03:30Hindi yan ang problema. Pulang sila sa budget kaya hindi silang nakakapag-alaga ng tao. Pulang sila sa budget kaya maliit ang bayad. Hindi yan ang problema.
04:00Nag-aantay, buong araw yung pilat 200 tao. Nag-aantay, nag-claim, mag-claim sila. Hindi naman mahirap. Pero that's what happened in field health. Yan ang problema sa field health. The problem is the processing capacity.
04:30Pag-digitalize na kayo, patuloy ka nila. That's where the effort is para lahat itong mga tao process natin tuloy-tuloy naman, tuloy-tuloy. Tuloy pa rin ang insurance, tuloy pa rin ang bayaran ng claim. At the same time, magbilis, magbilis makuha ng tao."
05:00For more UN videos visit www.un.org