The Philippine Health Insurance Corporation has reaffirmed its commitment to provide Filipinos with continuing access to their healthcare benefits despite the Bicameral Conference Committee’s decision not to grant subsidy for CY 2025.
As of October this year, the state health insurer has P281 billion in reserves set aside to meet benefit payments for two years and P150 billion in surplus. It also has an investment portfolio of P489 billion as of November 2024. “We adhere to what the UHC law is saying, that the current benefit packages for members will not be reduced.
In fact, another set of benefit enhancements will be rolled out after the Board of Directors’ approval on December 16. These enhancements include emergency care, optometric services, heart surgeries, cataract surgery and lens implantation. PhilHealth will also implement another 50% increase in the rest of case rate packages not included in the rationalization track, bringing the total increase equivalent to 95% of the case rates just this year.