Tag: Financial Health

  • CDA Enhances Oversight and Audits to Propel Cooperative Success in Cordillera

    In Baguio City, the Cooperative Development Authority (CDA) is intensifying its monitoring and auditing efforts to ensure the thriving and financial health of registered cooperatives. Felicidad Cenon, the CDA director for the Cordillera Administrative Region (CAR), emphasized the importance of cooperatives submitting their activity reports and audited financial statements, alongside participating in mandatory training. This…

  • 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…

  • 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…