MANILA, Philippines — The billions of pesos under the Philippine Health Insurance Corporation’s (PhilHealth) Interim Reimbursement Mechanism (IRM) was not pocketed by the state insurance firm’s officials contrary to allegations, according to its corporate legal counsel. ADVERTISEMENTAccording to Labe, PhilHealth has released a total of P14.971 billion to all 711 health care institutions (HCIs) nationwide. In a breakdown, he said that PhilHealth regional offices have released a total of P13.197 billion to 402 private HCIs and 146 government HCIs. Labe also said that P13.8 billion or 88 percent was released by PhilHealth regional offices, while P1.8 billion or 12 percent was released by the head office. IRM is an emergency cash advance measure of PhilHealth to provide hospitals with an emergency fund to respond to natural disasters and calamities.

Source: Philippine Daily Inquirer August 11, 2020 04:18 UTC