Senate President Pro Tempore Jinggoy Ejercito Estrada is now pushing for a measure expanding the compulsory insurance coverage for agency-hired overseas Filipino workers (OFWs). Estrada filed Senate Bill No. 2948 which primarily seeks to amend the provisions of Republic Act (RA) No....
Senior citizens received good news last week. The Department of Budget and Management (DBM) released ₱42.93 billion to cover the payment of their health insurance premiums for 2023. Sourced from proceeds of the sin tax law, the allotment benefits over 8.5 million senior citizens enrolled in the...
In 2021 amid a crippling coronavirus pandemic, the Philippine Deposit Insurance Corporation (PDIC) revised its vision to enhance its effectiveness. The revised vision states: “By 2023, the PDIC will be a leading institution in governance, recognized for its operational excellence in depositor...
Insurance payments related to the coronavirus pandemic hit more than P8 billion. IC Comm. Dennis B. Funa Since the pandemic began, Insurance Commissioner Dennis B. Funa reported that payouts made by life and non-life insurers, health maintenance organizations (HMOs), and mutual benefit associations...