Tag: Government Subsidy
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Marcos Urges Health Secretary Herbosa to Maintain Seamless PhilHealth Operations Amid Zero Subsidy
In a recent directive, President Ferdinand R. Marcos Jr. has instructed Health Secretary Teodoro Herbosa to guarantee that the Philippine Health Insurance Corp. (PhilHealth) continues to provide uninterrupted services throughout 2025, despite the absence of government subsidies for the year. This directive was issued during a Cabinet meeting held in Malacañang on Tuesday, January 14,…
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Marcos Urges Health Secretary to Maintain Seamless PhilHealth Operations Amid Zero Subsidy
In a directive issued during a Cabinet meeting at Malacañang on Tuesday, January 14, 2025, President Ferdinand R. Marcos Jr. instructed Health Secretary Teodoro Herbosa to ensure that the Philippine Health Insurance Corp. (PhilHealth) continues to provide uninterrupted services throughout the year, despite receiving no government subsidy for 2025. Herbosa, who also serves as the…
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2025 Budget to Boost Rural Electrification, Senator Announces
In a significant move to enhance rural development, the 2025 national budget, amounting to PHP6.352 trillion, has been approved, ensuring continued funding for the rural electrification initiative. Senator Sherwin Gatchalian highlighted the importance of this allocation during a recent statement, emphasizing its role in advancing the electrification of remote areas. The National Electrification Administration (NEA)…
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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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PhilHealth Assures Continued Benefit Payments Despite Lack of Government Subsidy
The Philippine Health Insurance Corporation (PhilHealth) has committed to maintaining its health benefit payments even without government financial support, according to its president and CEO, Emmanuel Ledesma Jr. In a statement released on Monday, Ledesma emphasized that the decision by the Bicameral Conference Committee to withhold subsidies was based on an understanding of PhilHealth’s robust…
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PhilHealth’s PHP150 Billion Surplus to Cover Subsidy for Indirect Members in 2025
MANILA – Health Secretary Teodoro Herbosa announced that the Philippine Health Insurance Corporation (PhilHealth) has a PHP150 billion surplus from its 2024 budget, which will be used to support indirect members’ subsidies in 2025. This statement comes as PhilHealth anticipates receiving no government subsidy in the upcoming year. Herbosa, who also serves as the chairperson…
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