Palace to comply with SC decision on P60B PhilHealth funds
A Palace official stated on Wednesday that Malacañang will comply with any decision by the Supreme Court regarding the P60 billion transferred from PhilHealth to the National Treasury.
PhilHealth President Edwin Mercado echoed this commitment, emphasizing adherence to whatever ruling the court makes and noting regular assessments of board performance.
During oral arguments on March 4, Associate Justice Antonio Kho suggested returning the funds to PhilHealth for expanding its benefits and hiring more staff, indicating it may be time to overhaul the board over budget utilization issues.
Justice Kho also urged President Ferdinand R. Marcos Jr. to return the P60 billion in PhilHealth funds transferred to the national Treasury as unprogrammed funds, arguing that these should instead be used for health-related purposes and addressing healthcare needs.
The Department of Finance issued guidelines through DOF Circular No. 003-2024 to implement the provision, mandating the utilization of GOCC fund balances for specified purposes.
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