MANILA, Philippines — The Philippine Health Insurance Corp. (PhilHealth) bared Tuesday that its 2020 subsidy was “not enough” to fund the premium of all indirect contributors. “Our [2020] proposal was for a subsidy of ₱153 billion, what Philhealth received for this year was ₱71.3 billion,” Morales said. “In effect, this was not enough to fund the premium of all indirect contributors thus affecting Philhealth’s capacity to cover all benefits,” he added. Meanwhile, Morales noted that they have only collected a total premium income of P46.5 billion as of April 30, 2020. “We have a benefit expense of ₱52.5 billion and we have collected a total premium income of ₱46.5 billion.

Source: Philippine Daily Inquirer June 16, 2020 07:07 UTC