Tag page - P60 billion

The Philippine Health Insurance Corporation (PhilHealth) said P60 billion has been returned to the state health insurer from the National Treasury, months after the transfer of the agency’s excess funds triggered controversy and legal challenges. In a statement released on Wednesday, May 6,...

Malacañang said the Department of Budget and Management (DBM) is currently working with the Congress and the Executive Branch to ensure that the P60-billion unutilized funds will be restored for the Philippine Health Insurance Corp. (PhilHealth). The DBM confirmed this in a statement issued by...