Tag: Reserve Funds
-
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…
Written by