Category Archives: Investment

DILG clinches a deal with SSS for social security coverage of its job order

The Department of the Interior and Local Government (DILG) and the Social Security System (SSS) signed a Memorandum of Understanding (MOU) for social security coverage of DILG’s own job order or contract of service workers which was commemorated by a virtual signing ceremony held on 16 August 2021. Under the MOU, DILG’s contract of service…

2022 Collection of PHILHEALTH Updates

2022 Collection of PHILHEALTH Updates This article will help you navigate the different PHILHEALTH Updates blog posts. Here is the list of blog post for the PHILHEALTH Updates: 4 billion worth of claims paid by Philhealth amidst the threat of “Philhealth Holiday” COA: PhilHealth 3rd biggest spender among gov’t firms in 2020 DOF flags GSIS,…

Possible price assessment for RT-PCR testing under consideration

Possible price assessment for RT-PCR testing under consideration   Monday, 28th day of December 2021, Acting Presidential spokesperson and Cabinet Secretary Karlo Nograles suggested a reassessment of RT-PCR testing prices during ANC’s Headstart due to the surge of new covid cases in the country.  Nograles said, “Maybe we can start assessing the prices again, although…

Philhealth-Iloilo hospitals reach a compromise

PHILHEALTH-ILOILO HOSPITALS REACH A COMPROMISE   St. Paul’s Hospital, Iloilo Doctors Hospital, Iloilo Mission Hospital, The Medical City Iloilo, Medicus Medical Center, Qualimed Hospital Iloilo, and Metro Iloilo Hospital and Medical Center Iloilo’s management was initially reported to be firm in their decisions to cut ties with PhilHealth after the unpaid claims reached up to…

4 billion worth of claims paid by Philhealth amidst the threat of “Philhealth Holiday”

4 billion worth of claims paid by Philhealth amidst the threat of “Philhealth Holiday”   Amidst the threat of “PhilHealth Holiday” from private medical institutions, the National Health Insurance Company (PHILHEALTH) has decided to pay 4 billion worth of unpaid claims to local hospitals.  This “PhilHealth Holiday” threat was a plan urging members of the…

COA: PhilHealth 3rd biggest spender among gov’t firms in 2020

COA: PhilHealth 3rd biggest spender among gov’t firms in 2020   According to the Commission on Audit, the Philippine Health Insurance Corp. (PhilHealth) spent P128.04 billion in 2020, the third highest among government-owned and controlled enterprises (COA). PhilHealth has once again been under fire for failing to satisfy increasing outstanding claims from hospitals, including some that…

PhilHealth to extend Health facility accreditation

PhilHealth to extend Health facility accreditation until January 31, 2022   Philippine Health insurance corporation has announced last Wednesday, December 29, 2021, the extension of accreditation of health facilities due to the increasing number of hospitals not renewing their accreditation.  The said groups of hospitals are having their move called “PhilHealth Holiday” to protest to PhilHealth…

PhilHealth Should be under DOF instead of DOH

PhilHealth Should be under DOF instead of DOH says Senator Panfilo M. Lacson   In light of a planned PhilHealth holiday in which private hospitals will refuse to honor PhilHealth coverage,  Presidential aspirant Senator Panfilo M. Lacson suggested PhilHealth be managed by someone who knows how to manage funds and not a health practitioner. He…

PhilHealth holiday: a protest for unpaid claims

PhilHealth holiday: a protest for unpaid claims After the snail-like pace of reimbursement from the Philippine Health Insurance Corporation, private hospitals were urged to turn down coverage from the state-insurer beginning January 1 to January 5, 2022, after claims remained unpaid during the COVID-19 Pandemic. The call for a “PhilHealth holiday” was made by the …

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