Tag: Emmanuel Ledesma Jr.
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New PhilHealth Leader Promises to Slash Patient Medical Expenses
In a significant leadership change at the Philippine Health Insurance Corporation (PhilHealth), newly appointed President and Chief Executive Officer Edwin Mercado has committed to reducing patients’ out-of-pocket medical expenses to 25 percent, a notable decrease from the current range of 45 to 47 percent. During a turnover ceremony held on February 10, 2025, at the…
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Philippine Health Insurance Corp. Boasts Robust Financial Health, No Need for Government Subsidies
The Philippine Health Insurance Corporation (PhilHealth) is in a financially sound position, according to its President and CEO, Emmanuel Ledesma Jr., who shared this during a recent session with lawmakers. Despite areas requiring attention, Ledesma emphasized that PhilHealth’s financial status is robust, supported by substantial reserves and a significant surplus. In the proposed 2025 national…
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Philippine Health Insurance Corp. Boasts Robust Financial Health, No Need for Government Subsidy
MANILA – The Philippine Health Insurance Corporation (PhilHealth) is in a financially sound position, with ample reserves and a significant surplus, according to its President and CEO, Emmanuel Ledesma Jr. During a session with lawmakers, Ledesma emphasized that despite areas requiring attention, PhilHealth remains a robust entity capable of sustaining its operations without additional government…
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