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Manila Bulletin devider Philippines devider National devider PhilHealth says 92% of 'missing' P15-B funds liquidated

PhilHealth says 92% of 'missing' P15-B funds liquidated

Published Jan 26, 2021 05:52 pm

Ninety-two percent of the P15-billion fund allegedly lost to corruption within the Philippine Health Insurance Corporation (PhilHealth) has been liquidated, the corporation’s top official said Tuesday. 

Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN)

PhilHealth President Dante Gierran bared during a press briefing at the Malacanang that they are down to the last portions of the liquidation process.

“Ang utos ng senado at lower house, sabi i-liquidate so ngayon po 92 percent na ang liquidated. Konti na lang (The Senate and the lower house ordered its liquidation, at present, we have already liquidated 92 percent. We’re almost done),” Gierran said. 

“I will not allow that yung pera ng Pilipino ay mawala (the money of the Filipinos to be lost). Galing ako sa NBI, hindi pwedeng mangyari sa'kin yan (I came from the NBI, I won’t let that happen),” he added.

When asked how stable the state insurer is, Gierran said PhilHealth has ample funds.

“We have money. As a matter of fact, may collections naman tayo at saka meron pa naman tayong (we have collections and we have a) reserved fund something like P132 billion as of November 30, 2020,” the PhilHealth Chief said. 

Meanwhile, Gierran also clarified that there have been delays on the payment of debt to hospitals, stressing that these delays are caused by deficiencies in the data submitted by hospitals, and other factors like the work-from-home setup of offices amid the pandemic. 

“There are some delays. Reasons of delay of course, we are under COVID, a lot of offices are shifting to work-from-home setup. The delay isn’t just caused by PhilHealth but also by healthcare providers due to the deficiencies in their applications that sometimes lack signatures, data,” Gierran explained.

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