PhilHealth will definitely go to bankruptcy if the government will not pay the P19.2 billion arrears it owes the agency. This is according to Sen. Loren Legarda that made this assessment on Wednesday after a hearing on the measure calling for mandatory universal health care coverage pending at the Senate committee on health and demography.
Legarda, who chairs the committee, said Philhealth officials themselves disclosed that the country’s health care institution is in danger of insolvency because of unpaid debts by the Department of Budget and Management to the company since 2001. Continue reading at mb.com.ph
Sen. Loren Legarda made this assessment Wednesday after a hearing on the measure calling for mandatory universal health care coverage pending at the Senate committee on health and demography.
Legarda, who chairs the committee, said Philhealth officials themselves disclosed that the country’s health care institution is in danger of insolvency because of unpaid debts by the Department of Budget and Management to the company since 2001. Read more here.
