PhilHealth pays PHP500M of PHP930M debt to Red Cross
The Philippine Health Insurance Corporation (PhilHealth) released PHP500 million as partial payment for its PHP930-million debt to the Philippine Red Cross (PRC) on Tuesday.
PhilHealth assured it will expedite processing of the remaining balance while adhering to government accounting rules and regulations.
PhilHealth president Dante Gierran stated that the corporation's prudence is essential in protecting members' contributions, rejecting insinuations of recklessness.
Gierran also promised to speed up payments to accredited laboratories conducting RT-PCR tests for overseas Filipino workers upon submission of complete requirements.
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