Palace: Gov’t won’t let OWWA, PhilHealth go bankrupt

The Philippine government will not allow the Overseas Workers Welfare Administration (OWWA) or PhilHealth to go bankrupt during the ongoing coronavirus pandemic, according to Presidential Spokesperson Harry Roque.

Roque made this statement after OWWA Administrator Hans Leo Cacdac warned that his agency could face bankruptcy by the end of 2021 if the pandemic continues.

Cacdac requested a PHP5 billion supplemental budget from the Senate to sustain OWWA’s operations for overseas Filipino workers (OFWs).

PhilHealth, meanwhile, has asked for delayed implementation of the Universal Healthcare Law due to its depleting funds.

Roque assured that President Duterte and lawmakers will find ways to augment PhilHealth's funding.