Pag-remit ng PhilHealth ng P60B sa nat'l gov't kahit nagka-P816B deficit, kinuwestyon ng SC

last month

Sa oral arguments kanina, kinuwestiyon ng Korte Suprema ang pag-remit ng PhilHealth ng P60 billion sa national government kahit may utang pa ito.

24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.

#GMAIntegratedNews #GMANetwork #KapusoStream

Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews

GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe

Transcript

00:00In the oral arguments earlier, the Supreme Court questioned the remit of PhilHealth of 60 billion pesos to the national government even though it still has a debt.

00:12Mark Salazar was able to point it out.

00:17The Supreme Court submitted in the case of PhilHealth to answer the question,

00:22why did it remit 60 billion pesos to the national government if it still has debts?

00:28Associate Justice Ami Lazaro Javier commented on this issue.

00:59In the 2021 financial statement of PhilHealth that was audited by COA, PhilHealth paid 1.16 trillion pesos to the beneficiaries,

01:09while its asset is only 347 billion pesos.

01:13This means that PhilHealth has a deficit of more than 816 billion pesos.

01:18According to the adverse opinion of COA, PhilHealth did not follow the correct accounting standard and their deficit is likely to be bigger.

01:27Financial statements do not present fairly the financial position of PhilHealth.

01:34In short, the negative equity of PhilHealth may be way more than 816 billion pesos.

01:42Even if you double up your assets, they're not enough to pay off your liabilities.

01:48The deficit slowly decreased to 26 billion pesos in 2022, but it's still a deficit.

01:56From these assets, the law requires PhilHealth to set aside a portion called reserve funds,

02:06precisely to cover payments for the claims of beneficiaries.

02:13And that portion has to be used exclusively for the claims, to pay the claims of the beneficiaries.

02:25And if there is an excess, then additional programs should be set up.

02:31And if there is still an excess in the excess, then investment may be made.

02:39But PhilHealth said that they will not pay all the debts at the same time.

02:43This is the only way to collect the direct contribution of the members.

02:48Requirement of the law, your honor, particularly in section 11, reserve funds for a maximum of two years, your honor.

02:57Is the reserve funds just in paper? Are you not supposed to reserve real money?

03:04You cannot predict when people get sick.

03:08The government corporate council of PhilHealth also said that PhilHealth is not bankrupt because it is the government's answer.

03:15It is the state insurance company. It cannot be insolvent because by law,

03:21the government of the Philippines guarantees the financial viability of the program or the national health program administered by PhilHealth.

03:33Outside the Supreme Court, the petitioners asked why they are asking the government to return the PhilHealth's 60 billion pesos.

03:42The fund is not enough, it has been repaid.

03:46The government has abandoned its responsibility to give subsidies to indirect contributors,

03:56to the indigent, and now it is asking for contributions from the workers.

04:02It is clear that PhilHealth's fund is not enough for its reserve fund.

04:08It is not enough to say that as long as PhilHealth has a balancing fund, it is an excess fund.

04:14Earlier, Dr. Tony Leachon also filed a petition against the government and Congress for giving a zero budget to PhilHealth for 2025.

04:24The oral argument in the Supreme Court is still ongoing.

04:28For GMA Integrated News, Mark Salazar, Nakatutok 24 Horas.

Pag-remit ng PhilHealth ng P60B sa nat'l gov't kahit nagka-P816B deficit, kinuwestyon ng SC | 24 Oras

Category

Transcript

Recommended