MANILA, Philippines — The outstanding debt of the Philippine Health Insurance Corp. (PhilHealth) incurred an additional P16 million after the Philippine Red Cross (PRC) resumed conducting COVID-19 tests for the government. Gordon said the state insurer made another partial payment to PRC amounting to P100 million last week. He, however, stressed that PhilHealth should not let its debt balloon again to P1 billion like what had happened. Nevertheless, the senator said PhilHealth committed to paying their remaining balance once the state insurer verified all of the PRC tests being charged to them. PhilHealth will need to validate around P500 million worth of tests done by PRC for the government or around 131,000 tests, Gordon noted.

Source: Philippine Daily Inquirer November 02, 2020 14:14 UTC