ABS-CBN
Senators apprehensive over transfer of excess Philhealth funds
Senator Christopher "Bong" Go plans to investigate the legality of the P90-billion fund transfer from PhilHealth to the National Treasury.
As the Senate Committee on Health chairman, Go will question PhilHealth, DBM, DOF, and DOH regarding the propriety of using unused government subsidy funds.
Go expressed concern over PhilHealth having nearly P90 billion in unused funds, questioning why these were not used to enhance healthcare services and benefit packages for Filipinos.
He stated that the public wants to know if the transfer was legal and how the funds will be utilized.
Go emphasized that funds for health should be used for health-related services, such as assisting patients, improving health facilities, paying healthcare workers, and expanding PhilHealth packages like Konsulta.
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The Department of Finance (DOF) maintains that the transfer of P20 billion in excess funds from PhilHealth to the national government is legal, as supported by Congress.
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Over 60 medical societies and healthcare organizations are urging President Ferdinand Marcos Jr. to reverse the Department of Finance's directive to transfer nearly P90 billion in surplus funds from PhilHealth to the National Treasury.
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The Philippine Health Insurance Corporation (PhilHealth) stated it conducted due diligence when transferring excess funds to finance unprogrammed appropriations, ensuring contributions from paying members were excluded.
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Philippine Health Insurance Corp. (PhilHealth) has an excess of P89.9 billion earmarked for health programs.
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The Department of Finance (DOF) proposed that using idle funds from government-owned and controlled corporations (GOCCs) for public projects is a more sensible fiscal approach than increasing borrowings or levying new taxes.
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