PhilHealth fund remains strong and robust

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The Philippine Health Insurance Corporation has assured its members anew of continuing benefit coverage and reiterated that their fund remains strong to meet its obligations in the long term.

Such financial standing is a clear indication that it is financially stable and therefore is in strong position to sustain payment of benefits in the long term.

Contributions from Direct Contributors is one of the major funding streams as mandated by the Universal Health Care Law. “The increase in collection efficiency of contributions from Direct Contributors, national government subsidy for premium of Indirect members, earnings from investment incomes, contribute to fund sustainability”, Atty. Eli Dino Santos, PhilHealth’s Officer-in-Charge stressed.

 

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