Poging GOUD - Vrij

Rebuild PhilHealth funds, gov’t told after SC ruling

Business World Philippines

|

December 08, 2025

AHEALTH reform advocate on Sunday urged the government to fully restore the Philippine Health Insurance Corp.s (PhilHealth) depleted reserves in the proposed 2026 national budget, following a Supreme Court (SC) ruling that ordered the return of P60 billion earlier transferred to the National Treasury.

“The government must now act decisively to correct the injustice by returning the P60 billion, with interest, to PhilHealth,” Anthony “Tony” C. Leachon said in a Facebook post. “Restitution is not merely compliance with the court — it is justice, stewardship and respect for the millions of Filipinos who depend on PhilHealth for survival.”

He called the unanimous ruling a “moral victory” but said the restitution must be complete, clearly earmarked and aligned with the Universal Health Care (UHC) law. He urged lawmakers to include all unreleased and diverted funds in the 2026 General Appropritions Act to protect the sustainability of health coverage.

The 2025 budget removed the entire P74.431-billion subsidy to PhilHealth that had been proposed in the National Expenditure Program. That amount was supposed to fund P53.134 billion in insurance premiums for indirect contributors, P21.17 billion for benefit upgrades under the UHC law and P121.17 million for community beneficiaries. PhilHealth kept these programs running by drawing from its reserves.

For 2026, the Executive Branch proposed a P53.262-billion subsidy taken mainly from sin tax collections. The House of Representatives later added P60 billion on President Ferdinand R. Marcos, Jr’s instruction, raising the proposed allocation in the spending bill to P113.262 billion.

Mr. Leachon said even this higher figure is not enough to rebuild Phil-Health’s buffers after the 2025 cuts and the voided fund transfer.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Local shares extend climb on BSP easing hopes

LOCAL SHARES closed higher on Monday on expectations of further monetary easing from the Bangko Sentral ng Pilipinas (BSP) amid dismal growth prospects.

time to read

2 mins

December 16, 2025

Business World Philippines

Quantifying the economic fallout of the corruption scandal

MY CUP OF LIBERTY BIENVENIDO S. OPLAS, JR.

time to read

3 mins

December 16, 2025

Business World Philippines

Business World Philippines

Dick Van Dyke credits his longevity to his positive outlook — and research says optimists live longer

Dick Van Dyke, the legendary American actor and comedian who starred in classics such as Mary Poppins and Chitty Chitty Bang Bang, turned 100 on Dec. 13.

time to read

3 mins

December 16, 2025

Business World Philippines

US backs Philippines after Chinese water cannon incident in S. China Sea

THE US on Monday voiced support for the Philippines amid rising tensions with China in the South China Sea, condemning what it called Beijing’s increasingly coercive behavior after Chinese coast guard vessels injured Filipino fishermen in a Dec. 12 confrontation.

time to read

3 mins

December 16, 2025

Business World Philippines

Gold up on softer dollar; markets eye US job data

GOLD extended gains on Monday, supported by a weaker dollar and softer US Treasury yields, as investors looked ahead to key US job data for clues on the US Federal Reserve's policy path, while silver steadied after a recordbreaking run last week.

time to read

1 min

December 16, 2025

Business World Philippines

Business World Philippines

Filipinas stun Thailand via penalties to advance in SEAG football finals

They've produced stuff of legends in the global and Continental stage.

time to read

1 mins

December 16, 2025

Business World Philippines

Business World Philippines

Ghosts we have to face: An introduction to the trilogy

THE PHILIPPINES is haunted not by spirits, but by the ghosts of warnings ignored and promises broken.

time to read

4 mins

December 16, 2025

Business World Philippines

Bicameral budget talks hit deadlock on DPWH funding

THE SENATE and House of Representatives canceled Monday’s scheduled bicameral conference committee meeting after lawmakers deadlocked over whether to restore funding for the Department of Public Works and Highways (DPWH) in the proposed P6.793-trillion national budget for 2026, amid lingering concerns over corruption in flood control projects.

time to read

2 mins

December 16, 2025

Business World Philippines

Meralco seeks bids for 200-MW renewable energy supply

MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.

time to read

1 mins

December 16, 2025

Business World Philippines

Deutsche Bank sees 25-bp cut in Feb.

THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and external economic prospects could drag growth, Deutsche Bank Research said.

time to read

2 mins

December 16, 2025

Listen

Translate

Share

-
+

Change font size