DOF, nanindigang tama ang paglipat ng P60-B unused funds ng PhilHealth sa Nat'l Treasury | 24 Oras - video Dailymotion

GMA Integrated News

Sa pagpapatuloy ng oral arguments sa Korte Suprema nanindigan ang Department of Finance na naaayon sa batas ang paglilipat ng 'di nagamit na pondo ng PhilHealth sa National Treasury.   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 continuation of the oral argument in the Supreme Court, the Department of Finance is opposed to the change of the unused PhilHealth funds to the National Treasury.

00:15Salima Refran is on the scene.

00:17In the continuation of the oral argument in the Supreme Court, the Department of Finance is opposed to the change of the unused PhilHealth funds to the National Treasury.

00:33It is not allowed if there is a large fund that is sleeping and not being used for the benefit of the people, to allow it.

00:43Sleeping funds serve no one. Every peso is a disservice to every Filipino.

00:51PhilHealth has transferred 60 billion pesos to the National Treasury to fund government projects.

00:58They plan to transfer almost 30 billion pesos before the TRO.

01:03Aside from PhilHealth, according to Recto, the PDIC, or Philippine Deposit Insurance Corporation, has also remitted more than 104 billion pesos to the National Treasury.

01:14Recto said that if the Supreme Court returns the funds, it will have an effect on the country's credit rating.

01:21That will add a fiscal pressure to our deficit.

01:24And that would entail us not hitting our deficit targets this year.

01:28And if we miss that, then we may not attain our coveted credit rating upgrade that we foresee in the next 18 months.

01:37Associate Justice Benjamin Cagiwa mentioned Section 11 of the Universal Health Care Act,

01:42which states that if the reserve funds of PhilHealth are exceeded by two years,

01:48the contribution of PhilHealth members will be reduced and their benefits will increase.

01:53But if the government keeps taking the reserve fund, this will no longer happen because the reserve fund will no longer be available.

02:06The reserve fund is not able to reach the ceiling.

02:09So the movement towards reaching the ceiling to trigger these benefits and the reduction of contributions will get retarded.

02:20But what I'm trying to say here is PhilHealth can do such a thing, increase the benefit packages, even if the ceiling is not yet reached.

02:29PhilHealth said that the case rate has increased.

02:33In 2024, the case rate of PhilHealth increased.

02:38We have 30 percent in February 2024 and another 50 percent by December 2024.

02:45The average value of case rate increases.

02:49I think it's around P13,000 to P14,000.

02:55Before this, various groups protested in Baguio to get PhilHealth's fund back.

03:01Maestrados will continue to ask respondents and petitioners for oral arguments in petitions against the transfer of PhilHealth's fund.

03:11From Baguio City, for JMA Integrated News, San Iman Efra, 24 Hours.

DOF, nanindigang tama ang paglipat ng P60-B unused funds ng PhilHealth sa Nat'l Treasury | 24 Oras

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