EconomyForex

DBM releases another P2-B fund for indigent PhilHealth members

1 Mins read
DOH-MMCHD HPU

THE DEPARTMENT of Budget and Management (DBM) has approved the release of another P2.02 billion to the Philippine Health Insurance Corp. (PhilHealth) for the National Government’s premium subsidy for indigent members this year.   

In a statement on Monday, DBM said the fund covers the January to December period for 673,965 members who are identified as part of poor households through the National Household Targeting System for Poverty Reduction (NHTS-PR).   

The NHTS-PR is an information management system that identifies who and where the poor households are within each region.   

DBM said it has so far released over P79.93 billion through three separate Special Allotment Release Orders for the insurance subsidy, which corresponds to various billings for medical treatments this year.   

The total covers over 21.16 million indirect contributors, the department said.   

“We are happy that before this year ends, we were able to cover the remaining subsidy for the health premiums of our kababayans (countrymen),” Budget Secretary Amenah F. Pangandaman said in the statement.   

Ms. Pangandaman added that the DBM has allocated over P100 billion for the implementation of the National Health Insurance Program for 2023. — Aaron Michael C. Sy

Related posts
EconomyForex

PSEi ends flat as market awaits Fed policy hints

2 Mins read
BW FILE PHOTO PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *