Follow us for updates
© 2020 reportr.world
Read the Story →

PhilHealth to Pay P256 Million in Debt to Red Cross

The state-run insurer's debt reached P1 billion.
by Clara Rosales
Jan 6, 2021
Photo/s: Website/PhilHealth
Shares

PhilHealth said Wednesday it would pay the Philippine Red Cross P256 million this week to clear its debts that at one time stalled COVID-19 testing.

In October 2020, the PRC halted PhilHealth-funded tests for returning Overseas Filipino Workers and for mega-swabbing facilities due to unpaid debts of P1 billion. It urged PhilHealth to pay their dues so it can resume running tests.

"We announced that for this week, we are preparing a payment of P112 million, and we are rushing another batch of payment before the week ends. In total, that's going to be P265 million only for this week," PhilHealth Spokesman Rey Balena told ANC's Headstart.

ALSO READ:

Red Cross Halts PhilHealth-Funded COVID Tests Due to Debt

PhilHealth Sorry for P930-M Debt to Red Cross, Promises to Pay

Red Cross: PhilHealth Must Pay Remaining Debt in 3 Days

Balena said that PhilHealth has the capacity to pay, but must look into every claim submitted by the PRC "because we owe it to the members to be prudent in our payments to our claims, to our providers."

Continue reading below ↓

The good claims are being paid promptly, but there are deficient claims that must be returned to the PRC for compliance. Some P103.4 million worth of claims have been returned, Balena said.

Sen. Richard Gordon, who chairs the PRC, on Monday tweeted that he hoped PhilHealth could settle its dues "before this becomes a 'Part 2' of the issue."

Latest Headlines
Read Next
Recent News
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to reportr.world newsletter, you agree to our Terms of Service and Privacy Policy.